Enova International Amends $246.7 Million Securitization Facility with JPMorgan and Deutsche Bank
Enova International Inc. has amended its revolving receivables facility through its subsidiary OnDeck Receivables 2021, LLC. The Tenth Amendment to the Credit Agreement involves a $246.7 million securitization facility with JPMorgan and Deutsche Bank. The facility includes $193.3 million in Class A Revolving Loans and $53.3 million in Class B Revolving Loans, with varying borrowing rates. The revolving period extends until November 2027, with a final maturity in November 2028. JPMorgan acts as administrative and collateral agent, and Deutsche Bank as paying agent.
Enova International Inc., through its wholly-owned indirect subsidiary OnDeck Receivables 2021, LLC, has amended its existing revolving receivables facility by entering into the Tenth Amendment to its Credit Agreement. The amended ODR 2021-1 Securitization Facility provides for a total facility commitment of approximately $246.7 million, comprised of $193.3 million in Class A Revolving Loans and $53.3 million in Class B Revolving Loans. The facility features varying borrowing rates, with Class A loans at CP Rate plus 2.00% and Class B loans at SOFR plus 6.00%. The revolving period for the facility extends until November 2027, with a final maturity date in November 2028. The agreement involves JPMorgan Chase Bank, N.A. as administrative and collateral agent, and Deutsche Bank Trust Company Americas as paying agent. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Enova International Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-293725), on November 24, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
