ePlus PLUS Allowance for Credit Losses on Loans Held for Sale
Allowance for Credit Losses on Loans Held for Sale at other companies
Other financials
Where this comes from
Reported directly by ePlus in its filing.
Tagged under the XBRL concept us-gaap:ReceivablesHeldForSaleAmount.
The official record: ePlus’s 10-K, filed May 28, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is ePlus's allowance for credit losses on loans held for sale?
- ePlus (PLUS) reported allowance for credit losses on loans held for sale of $6.31M in Q1 2026.
- What does allowance for credit losses on loans held for sale mean?
- This is a contra-asset account representing the estimated credit losses inherent in the portfolio of loans classified as held for sale. It serves as a valuation adjustment to ensure these assets are reported at the lower of cost or fair value, reflecting potential defaults or credit deterioration before the loans are sold. This metric provides insight into the credit quality of the company's financing portfolio and the adequacy of its risk management practices.