Vickie Judy Archives

CIBC and Axos Join Lender Group for America’s Car-Mart’s Amended Facilities

America’s Car-Mart extended the term of its revolving credit facilities to Sept. 29, 2024, and increased the total permitted borrowings to $600 million. In addition, CIBC Bank USA and Axos Bank joined the lending group.

MUFG, BMO Harris and Others Increase America’s Car-Mart’s Line of Credit to $326MM

MUFG Union Bank, BMO Harris Bank, Wells Fargo, BOK Financial, First Horizon Bank, Arvest Bank and Commerce Bank increased America’s Car-Mart’s existing line of credit to from $241 million to $326 million. MUFG joined the group as a new lender.

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CIBC and Axos Join Lender Group for America’s Car-Mart’s Amended Facilities

MUFG, BMO Harris and Others Increase America’s Car-Mart’s Line of Credit to $326MM