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Credit Acceptance Extends $200 Million Warehouse Facility
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Credit Acceptance Extends $200 Million Warehouse Facility
Sep 21, 2025 3:49 AM

04:26 PM EDT, 09/19/2025 (MT Newswires) -- Credit Acceptance ( CACC ) said late Friday it extended the maturity of its $200 million revolving secured warehouse facility by two years to September 2028, from September 2026.

The company also reduced the borrowing rate to the secured overnight financing rate plus 185 basis points, from SOFR plus 225 basis points, while leaving other terms unchanged.

As of Sept. 19, the company had no outstanding balance under the facility.

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