Enova International entered into a USD 175 million financing facility for its NetCredit installment loan portfolio, which includes an initial draw of USD 107 million, secured by USD 127 million in unsecured consumer loans, and a USD 20 million revolving note for warehousing new and seasoned loans for a period of time, the company said. The new facility significantly enhances the company's liquidity and capacity for NetCredit loan originations.
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05-17 | Enova International Insider Sold Shares Worth $1,254,536, According to a Recent SEC Filing | MT |
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+47.78% | 27.02B | |
+39.42% | 26.64B | |
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+37.26% | 12.97B | |
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- Enova International Enters into USD 175 Million Financing Facility for its NetCredit Installment Loan Portfolio