Warehouse Credit Facilities of Consolidated VIEs

3 Months Ended

Mar. 31, 2022

Line Of Credit Facility [Line Items]

Warehouse Credit Facilities of Consolidated VIEs

11. Warehouse Credit Facilities of Consolidated VIEs

UACC has three senior secured warehouse facility agreements (the “Warehouse Credit Facilities”) with banking institutions. The Warehouse Credit Facilities are collateralized by eligible finance receivables and available borrowings are computed based on a percentage of eligible finance receivables. The terms of the Warehouse Credit Facilities include the following:

	Facility One		Facility Two		Facility Three
Execution Date	May 30, 2012		November 19, 2013		July 11, 2019
Maturity Date	October 20, 2023		May 19, 2023		March 29, 2023
Aggregate Borrowings Limit (in thousands)	$	150,000	$	100,000	$	100,000

As of March 31, 2022, there were no outstanding borrowings related to the Warehouse Credit Facilities.

As of March 31, 2022, the Company was in compliance with all covenants related to the Warehouse Credit Facilities.