Financing ·
Enova International, Inc. filed a Current Report on Form 8-K to disclose information regarding a proposed private…
ENVAEnova International, Inc.
Enova International, Inc. filed a Current Report on Form 8-K to disclose information regarding a proposed private offering of $500,026,000 in aggregate principal amount of Series 2026-1 Fixed Rate Asset-Backed Notes by its wholly-owned indirect subsidiary, OnDeck Asset Securitization IV, LLC. The notes will be collateralized by a revolving pool of small business loans originated or purchased by OnDeck Capital, LLC. Net proceeds from the offering will be used to purchase these loans, with Enova utilizing the funds for general corporate purposes. The filing also provides supplemental historical loan performance data, including delinquency and net charge-off metrics for specific subsets of term loans and lines of credit as of July 31, 2026. This company operates in the online lending industry, providing small business financing and consumer financial products.