Financing ·
Lenders extend waiver of liquidity and collateral covenants through Nov. 4
CRMTAmericas Carmart Inc
America's Car-Mart entered into a First Amendment to its Credit and Guaranty Agreement with Silver Point Finance, LLC and the lenders party thereto. The amendment extends the Scheduled Termination Date for certain waived events of default and temporary relief regarding minimum liquidity thresholds and Collateral Coverage Ratio requirements through November 4, 2026. This follows previous extensions granted since September 4, 2026. America's Car-Mart operates in the automotive retail industry, specializing in the sale of used vehicles primarily to subprime consumers.