EFCAR, LLC Enters Material Definitive Agreement
| Field | Detail |
|---|---|
| Company | Efcar, LLC |
| Form Type | 8-K |
| Filed Date | Oct 17, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: asset-backed-securities, auto-loans, material-agreement
TL;DR
EFCAR, LLC's auto loan trust (2022-6) signed a big deal. Watch this space.
AI Summary
On October 10, 2025, Exeter Automobile Receivables Trust 2022-6, managed by EFCAR, LLC, entered into a material definitive agreement. This filing is a current report (8-K) related to asset-backed securities, specifically auto loans.
Why It Matters
This filing indicates a significant contractual event for Exeter Automobile Receivables Trust 2022-6, which is backed by auto loans, potentially impacting investors in these securities.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities related to the underlying assets and financing structures.
Key Players & Entities
- EFCAR, LLC (company) — Filer and manager
- Exeter Automobile Receivables Trust 2022-6 (company) — Issuing Entity
- October 10, 2025 (date) — Date of earliest event reported
FAQ
What type of material definitive agreement was entered into by Exeter Automobile Receivables Trust 2022-6?
The filing states 'Entry into a Material Definitive Agreement' as an item information, but the specific details of the agreement are not provided in this excerpt.
Who is the primary entity managing the Exeter Automobile Receivables Trust 2022-6?
EFCAR, LLC is identified as the company managing the Exeter Automobile Receivables Trust 2022-6.
What is the asset class associated with Exeter Automobile Receivables Trust 2022-6?
The asset class is Auto loans.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on October 10, 2025.
What is the SIC code for EFCAR, LLC and Exeter Automobile Receivables Trust 2022-6?
The Standard Industrial Classification (SIC) code for both EFCAR, LLC and Exeter Automobile Receivables Trust 2022-6 is 6189, which corresponds to Asset-Backed Securities.
Filing Stats: 680 words · 3 min read · ~2 pages · Grade level 12.4 · Accepted 2025-10-17 14:04:57
Filing Documents
- exeter2022-6_a8k.htm (8-K) — 29KB
- exeter20226_exhibit4-7.htm (EX-4.7) — 47KB
- exeter20226_exhibit4-8.htm (EX-4.8) — 34KB
- 0000929638-25-003922.txt ( ) — 112KB
01
Item 1.01 . Entry into a Material Definitive Agreement . On October 10, 2025, EFCAR, LLC, Wilmington Trust Company, Exeter Automobile Receivables Trust 2022-6, Exeter Holdings Trust 2022-6 and Citibank, N.A. entered into an Omnibus Amendment, as acknowledged and agreed to by Exeter Finance LLC, constituting (i) Amendment No. 1 to that certain Amended and Restated Trust Agreement of Exeter Automobile Receivables Trust 2022-6, dated as of November 15, 2022, and (ii) Amendment No. 1 to that certain Indenture, dated as of November 15, 2022, for the purpose of documenting the right, but not the obligation, of the holders of the equity of Exeter Automobile Receivables Trust 2022-6 to make capital contributions to Exeter Automobile Receivables Trust 2022-6. On October 10, 2025, Exeter Finance LLC, EFCAR, LLC and Exeter Automobile Receivables Trust 2022-6 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 Exeter Automobile Receivables Trust 2022-6, may make a capital contribution to Exeter Automobile Receivables Trust 2022-6.
Financial Statements and Exhibits
Financial Statements and Exhibits . (a) Not applicable. (b) Not applicable. (c) Not applicable. (d) Exhibits: Exhibit No . Description 4.7 Omnibus Amendment, dated as of October 10, 2025, among EFCAR, LLC, Wilmington Trust Company, Exeter Automobile Receivables Trust 2022-6, Exeter Holdings Trust 2022-6 and Citibank, N.A., and acknowledged and agreed to by Exeter Finance LLC, constituting (i) Amendment No. 1 to that certain Amended and Restated Trust Agreement of Exeter Automobile Receivables Trust 2022-6, dated as of November 15, 2022, and (ii) Amendment No. 1 to that certain Indenture, dated as of November 15, 2022. 4.8 Capital Contribution Agreement, dated as of October 10, 2025, among Exeter Finance LLC, EFCAR, LLC and Exeter Automobile Receivables Trust 2022-6, 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: October 17, 2025