ENOVA INTERNATIONAL, INC. (NYSE:ENVA) Files An 8-K Entry into a Material Definitive Agreement
ITEM 1.01ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On June 30, 2017, Enova International, Inc. (the “Corporation”) and certain of its operating subsidiaries entered into an asset-based secured revolving credit agreement with a syndicate of banks including TBK Bank, SSB (“TBK”), as Administrative Agent and Collateral Agent, Jefferies Finance LLC and TBK as Joint Lead Arrangers and Joint Lead Bookrunners, and Green Bank, N.A., as Lender (the “Credit Agreement”).

The Credit Agreement is secured by domestic receivables and replaces the Corporation’s existing unsecured credit facility (the "Previous Credit Facility"). The borrowing limit in the Credit Agreement has increased to $40 million from $35 million in the Previous Credit Facility, and its maturity date is May 1, 2020. The Previous Credit Facility was originally entered into on May 14, 2014, had a maturity date of June 30, 2017, and was terminated in connection with the entry into the Credit Agreement.

The Credit Agreement provides for a revolving credit line with interest on borrowings under the facility at prime rate + 1.00%. In addition, the Credit Agreement provides for payment of a commitment fee calculated with respect to the unused portion of the line, and ranges from 0.30% per annum to 0.50% per annum depending on usage. A portion of the revolving credit facility, up to a maximum of $20 million, is available for the issuance of letters of credit. The Credit Agreement provides for certain prepayment penalties if it is terminated on or before its first and second anniversary date, subject to certain exceptions.

The Credit Agreement contains certain limitations on the incurrence of additional indebtedness, investments, the attachment of liens to the Corporation’s property, the amount of dividends and other distributions, fundamental changes to the Corporation or its business and certain other activities of the Corporation. The Credit Agreement contains standard financial covenants for a facility of this type based on a leverage ratio and a fixed charge coverage ratio. The Credit Agreement also provides for customary affirmative covenants, including financial reporting requirements, and certain events of default, including payment defaults, covenant defaults and other customary defaults.

The foregoing description of the Credit Agreement does not purport to be complete and is subject to and qualified in its entirety by reference to the Credit Agreement itself, which will be filed as an exhibit to the Company’s Quarterly Report on Form10-Qfor the Corporation’s current fiscal quarter.

ITEM 2.03.CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT.

The information provided in Item 1.01 above is incorporated herein by reference.

About ENOVA INTERNATIONAL, INC. (NYSE:ENVA)

Enova International, Inc (Enova) is a provider of online financial services to non-prime consumers and small businesses, providing access to credit powered by its advanced analytics, technology, and online platform and services. Enova has provided over four million customers around the globe access to more than $17 billion in loans and financing. The financial technology company has a portfolio of trusted brands serving consumers, including CashNetUSA, DollarsDirect, NetCredit, On Stride Financial, Pounds to Pocket, QuickQuid and Simplic; two brands serving small businesses, Headway Capital and The Business Backer, and offers online lending platform services to lenders. Through its Enova Decisions brand, it also delivers on-demand decision-making technology and real-time predictive analytics services to clients.