Credit Acceptance CACC Proceeds from secured term loan
Proceeds from secured term loan at other companies
Other financials
Where this comes from
Reported directly by Credit Acceptance in its filing.
Tagged under the XBRL concept us-gaap:ProceedsFromIssuanceOfSecuredDebt.
The official record: Credit Acceptance’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Credit Acceptance's proceeds from secured term loan?
- Credit Acceptance (CACC) reported proceeds from secured term loan of $251M in Q1 2026.
- How has Credit Acceptance's proceeds from secured term loan changed year-over-year?
- Credit Acceptance's proceeds from secured term loan decreased by 61.4% year-over-year, from $651M to $251M.
- What is the long-term trend for Credit Acceptance's proceeds from secured term loan?
- Over 3 years (2021 to 2024), Credit Acceptance's proceeds from secured term loan has grown at a 25.5% compound annual growth rate (CAGR), from $1.83B to $3.62B.
- What does proceeds from secured term loan mean?
- Represents the cash proceeds obtained through the issuance of debt instruments backed by specific collateral, such as loan receivables. This is a key indicator of the company's ability to leverage its asset base to secure funding at competitive rates.