EFCAR, LLC Enters Material Agreement
| Field | Detail |
|---|---|
| Company | Exeter Automobile Receivables Trust 2022-4 |
| Form Type | 8-K |
| Filed Date | Aug 19, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, asset-backed-securities, auto-loans
TL;DR
EFCAR, LLC (Exeter Auto Trust 2022-4) signed a big deal on Aug 13, 2025. More details in the filing.
AI Summary
On August 13, 2025, EFCAR, LLC, as part of Exeter Automobile Receivables Trust 2022-4, entered into a material definitive agreement. This filing also includes financial statements and exhibits related to this agreement. The entity is involved in asset-backed securities, specifically auto loans.
Why It Matters
This filing indicates a significant new agreement for Exeter Automobile Receivables Trust 2022-4, which could impact its operations and financial structure related to auto loan securitization.
Risk Assessment
Risk Level: low — The filing is a standard 8-K reporting a material definitive agreement and financial statements, without immediate indication of significant financial distress or unusual events.
Key Players & Entities
- EFCAR, LLC (company) — Filer and party to the material definitive agreement
- Exeter Automobile Receivables Trust 2022-4 (company) — Issuing Entity
- August 13, 2025 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by EFCAR, LLC?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on August 13, 2025.
What is the role of Exeter Automobile Receivables Trust 2022-4 in this filing?
Exeter Automobile Receivables Trust 2022-4 is identified as the Issuing Entity, and EFCAR, LLC is associated with it.
What type of assets does Exeter Automobile Receivables Trust 2022-4 deal with?
The filing indicates that the asset class is Auto loans.
When was this 8-K report filed?
This 8-K report was filed on August 19, 2025.
What other items are included in this filing besides the material definitive agreement?
The filing also includes Financial Statements and Exhibits.
Filing Stats: 544 words · 2 min read · ~2 pages · Grade level 13.7 · Accepted 2025-08-19 14:11:12
Filing Documents
- exeter2022-4_a8k.htm (8-K) — 25KB
- exeter20224_exhibit4-8.htm (EX-4.8) — 41KB
- 0000929638-25-003092.txt ( ) — 68KB
01
Item 1.01 . Entry into a Material Definitive Agreement . On August 13, 2025, Exeter Finance LLC, EFCAR, LLC, Exeter Automobile Receivables Trust 2022-2, Exeter Automobile Receivables Trust 2022-3, Exeter Automobile Receivables Trust 2022-4 and Exeter Automobile Receivables Trust 2022-5 entered into a Capital Contribution Agreement, as acknowledged and agreed to by Citibank, N.A., as indenture trustee, pursuant to which EFCAR, LLC, as a holder of the equity of each of Exeter Automobile Receivables Trust 2022-2, Exeter Automobile Receivables Trust 2022-3, Exeter Automobile Receivables Trust 2022-4 and Exeter Automobile Receivables Trust 2022-5, may make certain limited capital contributions to each of such trusts.
Financial Statements and Exhibits
Financial Statements and Exhibits . (a) Not applicable. (b) Not applicable. (c) Not applicable. (d) Exhibits: Exhibit No . Description 4.8 Capital Contribution Agreement, dated as of August 13, 2025, among Exeter Finance LLC, EFCAR, LLC, Exeter Automobile Receivables Trust 2022-2, Exeter Automobile Receivables Trust 2022-3, Exeter Automobile Receivables Trust 2022-4 and Exeter Automobile Receivables Trust 2022-5, and acknowledged and agreed to by Citibank, N.A., as indenture trustee.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EFCAR, LLC By: /s/ Jeff Briggs Name: Jeff Briggs Title: Assistant Vice President Date: August 18, 2025