PSQ Holdings announced the execution of Amendment No. 5 to its $10 million revolving Credit Facility on July 1, 2024, following its merger with Credova Holdings in March 2024. The amendment extends the Funding Termination Date by one year to June 30, 2025, and increases the advance rate on Eligible Receivables to 89% for delinquent loans under 61 days past due.The modified terms include standardizing the three-month weighted average percentage for Delinquency Ratios and Liquidated Receivables Percentages at 15% and 3% respectively. The interest rate for Aggregate Outstanding Advances has been adjusted to 14.5% per annum, and a new Non-use Fee has been implemented for portions exceeding $5.0 million. The Credit Facility is maintained through the Company's subsidiary, Credova SPV I, LLC, with PFM Credit Recovery Fund I, LLC and OHPC LP as lenders.

PSQ Holdings announced the execution of Amendment No. 5 to its $10 million revolving Credit Facility on July 1, 2024, following its merger with Credova Holdings in March 2024. The amendment extends the Funding Termination Date by one year to June 30, 2025, and increases the advance rate on Eligible Receivables to 89% for delinquent loans under 61 days past due.The modified terms include standardizing the three-month weighted average percentage for Delinquency Ratios and Liquidated Receivables Percentages at 15% and 3% respectively. The interest rate for Aggregate Outstanding Advances has been adjusted to 14.5% per annum, and a new Non-use Fee has been implemented for portions exceeding $5.0 million. The Credit Facility is maintained through the Company's subsidiary, Credova SPV I, LLC, with PFM Credit Recovery Fund I, LLC and OHPC LP as lenders.