OppFi Inc. 8-K Filing

On September 15, 2026, OppFi Inc. reported that its wholly-owned subsidiary, Opportunity Funding SPE Residual, LLC, borrowed $75.0 million under a Senior Secured Multi-Draw Term Loan Agreement. The loan has a fixed interest rate of 12.50% prior to the acquisition of BNCCORP, Inc. and its subsidiary BNC National Bank, and 13.50% thereafter. The agreement allows for borrowings up to $100.0 million, with $25.0 million remaining available until February 10, 2027. The loan is secured by the assets of the borrower, primarily consisting of special purpose vehicles holding consumer loan receivables. The proceeds will be used to support finance receivables growth, working capital, and general corporate purposes. The filing also notes that on September 17, 2026, BNCCORP, Inc. stockholders approved the previously announced merger agreement with OppFi Inc. The transaction remains subject to customary closing conditions and regulatory approvals.