ITEM 1.01ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On July 23, 2021, EFR 2018-2, LLC ("EFR 2018-2"), a wholly-owned indirect subsidiary of the Company, amended its existing revolving receivables facility (the "CS Facility") by entering into that certain First Amendment to Loan and Security Agreement and Indemnity Agreement (the "First Amendment") with the lenders party thereto from time to time and Credit Suisse AG, New York Branch, as agent.

The following table summarizes certain key terms of the amended CS Facility:




                             Class A Revolving Loans Class B Revolving Loans
Commitment Amount                $133,333,333.33         $16,666,666.67
Borrowing Rate               1 Month LIBOR + 3.625%   1 Month LIBOR + 8.00%
Borrowing Base Advance Rate            80%                     90%
Revolving Period Termination      July 23, 2023           July 23, 2023
Maturity Date                     July 23, 2025           July 23, 2025

The foregoing description of the First Amendment does not purport to be complete and is qualified in its entirety by reference to the Loan and Security Agreement, as amended by the First Amendment, which will be filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the quarter ending September 30, 2021.

ITEM 2.02RESULTS OF OPERATIONS AND FINANCIAL CONDITION

On July 29, 2021, Enova International, Inc. (the "Company") issued a press release to announce its consolidated financial results for the three months ended June 30, 2021. A copy of the Company's press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The press release includes non-GAAP financial measures as that term is defined in Regulation G. The press release also includes the most directly comparable financial measures calculated and presented in accordance with accounting principles generally accepted in the United States ("GAAP"), information reconciling the non-GAAP financial measures to the GAAP financial measures, and a discussion of the reasons why the Company's management believes that presentation of the non-GAAP financial measures provides useful information to investors regarding the Company's financial condition and results of operations. The non-GAAP financial information presented therein should be considered in addition to, not as a substitute for, or superior to, financial measures calculated and presented in accordance with GAAP.

ITEM 2.03CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT

The information provided in Item 1.01 above is incorporated herein by reference

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d)Exhibits

The following exhibits are furnished as part of this Report on Form 8-K:





Exhibit No. Description
99.1          Enova International, Inc. press release dated July
            29, 2021
104         Cover Page Interactive Data File (embedded within the
            Inline XBRL document)

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses