CPS Announces Credit Facility Capacity Increase
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Consumer Portfolio Services, Inc. (CPSS) has increased its revolving credit facility with Citibank from $225 million to $335 million, enhancing its financial flexibility.
December 19, 2024 | 7:45 pm
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Consumer Portfolio Services, Inc. has increased its revolving credit facility with Citibank from $225 million to $335 million, which enhances its financial flexibility and could support future growth initiatives.
The increase in the credit facility provides CPSS with additional financial resources, which can be used for expansion or other strategic initiatives. This is a positive development for the company, likely to be viewed favorably by investors.
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