---
title: "Enova ups NetCredit LOC 2024 revolving facility to $300 million, cuts rate to SOFR+5%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295972452.md"
description: "Enova International amended its NC LOC 2024 Facility, increasing the revolving commitment from $200 million to $300 million. The borrowing rate was reduced to SOFR + 5% from SOFR + 5.5%. Additionally, the revolving period was extended to February 21, 2029, and the maturity date was pushed back to February 21, 2030."
datetime: "2026-08-14T20:26:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295972452.md)
  - [en](https://longbridge.com/en/news/295972452.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295972452.md)
---

# Enova ups NetCredit LOC 2024 revolving facility to $300 million, cuts rate to SOFR+5%

-   Enova amended its NC LOC 2024 Facility, lifting the revolving commitment to USD 300 million from USD 200 million. \* Revolving period extended to Feb. 21, 2029 from Feb. 21, 2027; maturity pushed to Feb. 21, 2030 from Feb. 21, 2028. \* Borrowing rate cut to SOFR + 5% from SOFR + 5.5%. 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: 0001193125-26-352317), on August 14, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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