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America’s Car-Mart, Inc. Extends and Upsizes Revolving Credit Facility to $350 Million
Mar 03, 2025•over 1 year ago
Contract Type
contract
RogersManufacturingAutomotive
Description
America’s Car-Mart, Inc. announced the extension and upsizing of its asset-based revolving credit facility (ABL Facility) from $320 million to $350 million. The facility has been extended to mature on March 31, 2027. Approximately $75 million was drawn on the ABL Facility as of January 31, 2025
Company Information
Company
AmericaCar-Mart
Location
Rogers, Arkansas, United States
About
America’s Car-Mart, Inc. (the “Company”) operates automotive dealerships in 12 states and is one of the largest publicly held automotive retailers in the United States focused exclusively on the “Integrated auto Sales and Finance” segment of the used car market. The Company emphasizes superior customer service and the building of strong personal relationships with its customers. The Company operates its dealerships primarily in smaller cities throughout the South-Central United States, selling quality used vehicles and providing financing for substantially all of its customers.