01:28 PM EDT, 10/23/2025 (MT Newswires) -- Consumer Portfolio Services ( CPSS ) closed a new $167.5 million revolving credit agreement.

The two-year facility is secured by current and future automobile receivables and includes a subordinate lender to provide a higher effective advance rate, the company said Thursday in a statement.

Under the terms, the company can borrow on a revolving basis through October 2027, after which it may either repay the loans in full or allow them to amortize over an 18-month period.

Consumer Portfolio Services ( CPSS ), based in Las Vegas, offers indirect auto financing to individuals with limited or challenged credit histories

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