The Company’s long-term debt instruments and balances outstanding as of June 30, 2026 and 2025 and December 31, 2025, including maturity date, weighted average interest rate and borrowing capacity as of June 30, 2026, were as follows (dollars in thousands):


			Weighted				Outstanding
	Revolving		average	Borrowing			June 30,						December 31,
	period end date	Maturity date	interest rate(1)	capacity			2026			2025			2025
Funding Debt:
ODAS IV 2025-2 Securitization Notes	October 2028	November 2032	5.65%	$	261,434		$	261,434		$	—		$	261,434
ODAS IV 2025-1 Securitization Notes	March 2028	April 2032	5.89%		261,392			261,392			261,392			261,392
ODAS IV 2024-2 Securitization Notes	September 2027	October 2031	5.78%		261,353			261,353			261,353			261,353
2025-A Securitization Notes	—	October 2031	7.29%		55,593			55,593			163,866			93,331
ODAS IV 2024-1 Securitization Notes	May 2027	June 2031	6.84%		399,574			399,574			399,574			399,574
2024-A Securitization Notes	—	October 2030	8.31%		26,541			26,541			79,631			45,510
ODAS IV 2023-1 Securitization Notes	July 2026	August 2030	7.66%		227,051			227,051			227,051			227,051
ODR 2022-1 Securitization Facility	June 2028	June 2029	7.04%		420,000			420,000			266,516			202,325
ODR 2021-1 Securitization Facility	November 2027	November 2028	6.74%		246,667			246,667			124,338			202,890
NCR 2022 Securitization Facility	October 2026	October 2028	7.89%		275,000			242,000			79,463			175,194
NCLOCR 2025 Securitization Facility	July 2027	July 2028	7.87%		150,000			150,000			—			90,000
NCLOCR 2024 Securitization Facility	February 2027	February 2028	9.12%		200,000			190,000			135,000			90,000
2023-A Securitization Notes	—	December 2027	—		—			—			19,502			9,282
RAOD Securitization Facility	November 2026	November 2027	6.36%		355,263			296,842			190,846			236,842
HWCR 2023 Securitization Facility	September 2026	September 2027	8.03%		621,183			517,595			403,214			473,214
Total funding debt			7.06%	$	3,761,051		$	3,556,042		$	2,611,746		$	3,029,392
Corporate Debt:
Revolving line of credit	August 2029	August 2029	6.94%	$	825,000	(2)	$	579,000		$	481,000		$	596,000
9.125% senior notes due 2029	—	August 2029	9.13%		500,000			500,000			500,000			500,000
11.25% senior notes due 2028	—	December 2028	11.25%		400,000			400,000			400,000			400,000
Total corporate debt			8.84%	$	1,725,000		$	1,479,000		$	1,381,000		$	1,496,000
Less: Long-term debt issuance costs							$	(19,190	)	$	(26,302	)	$	(24,581	)
Less: Debt discounts								(1,951	)		(2,930	)		(2,430	)
Total long-term debt							$	5,013,901		$	3,963,514		$	4,498,381

(1) The weighted average interest rate is determined based on the rates and principal balances on June 30, 2026. It does not include the impact of the amortization of deferred loan origination costs or debt discounts.

(2) The Company had outstanding letters of credit under the Revolving line of credit of $0.4 million as of June 30, 2026 and 2025 and December 31, 2025.

Weighted average interest rates on long-term debt were 8.14% and 8.84% during the six months ended June 30, 2026 and 2025, respectively. As of June 30, 2026 and 2025 and December 31, 2025, the Company was in compliance with all financial ratios and covenants set forth in the prevailing long-term debt agreements.

On June 25, 2026, the loan securitization facility for OnDeck Receivables 2022, LLC (the “ODR 2022-1 Securitization Facility”) was amended to, among other changes, extend the revolving period end and final maturity dates to June 2028 and June 2029, respectively. The total facility commitment remained the same at $420.0 million. The borrowing rate on the Class A loans decreased to the commercial paper rate plus 2.35% from the commercial paper rate plus 2.60%; the Class A advance rate decreased to 71.25% from 72.5%; the borrowing rate on the Class B loans did not change; and the Class B advance rate decreased to 88.75% from 90.0%, in each case measuring the current weighted average blended rates against the prior rates effective as of June 27, 2024.

On March 31, 2026, the loan securitization facility for HWC Receivables 2023, LLC (the “HWCR 2023 Securitization Facility”) was amended to, among other changes, increase the Class A revolving commitment from $365.0 million to $465.0 million, the Class B revolving commitment from $122.6 million to $156.2 million and the total facility commitment from $487.6 million to $621.2 million.

On March 30, 2026, the loan securitization facility for NetCredit Receivables 2022, LLC (the “NCR 2022 Securitization Facility”) was amended to, among other changes, increase the revolving commitment from $200.0 million to $275.0 million.

On March 30, 2026, the loan securitization facility for NetCredit LOC Receivables 2024, LLC (the “NCLOCR 2024 Securitization Facility”) was amended to, among other changes, increase the revolving commitment from $150.0 million to $200.0 million.

On March 30, 2026, the loan securitization facility for Receivable Assets of OnDeck, LLC (the “RAOD Securitization Facility”) was amended to, among other changes, increase the Class A revolving commitment from $200.0 million to $300.0 million, the Class B revolving commitment from $36.8 million to $55.3 million and the total facility commitment from $236.8 million to $355.3 million.