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Enova International’s Subsidiary Issues $261.4M in Notes

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Enova International’s Subsidiary Issues $261.4M in Notes

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The latest announcement is out from Enova International ( (ENVA) ).

On November 13, 2025, Enova International‘s subsidiary, OnDeck Asset Securitization IV, LLC, issued $261.4 million in Fixed-Rate Asset Backed Notes as part of a securitization transaction. The proceeds from this transaction were used to purchase small business loans, which will serve as collateral for the notes. This move is expected to enhance Enova’s financial flexibility and strengthen its position in the small business lending market. The transaction involves various compliance requirements and covenants to ensure the stability and performance of the asset-backed securitization facility.

The most recent analyst rating on (ENVA) stock is a Buy with a $150.00 price target. To see the full list of analyst forecasts on Enova International stock, see the ENVA Stock Forecast page.

Spark’s Take on ENVA Stock

According to Spark, TipRanks’ AI Analyst, ENVA is a Outperform.

Enova International’s strong financial performance and positive earnings call are the primary drivers of its stock score. The company’s robust revenue growth and effective cash management are significant strengths. However, high leverage and mixed technical indicators slightly temper the overall outlook.

To see Spark’s full report on ENVA stock, click here.

More about Enova International

Enova International operates in the financial services industry, focusing on providing online lending solutions. Its primary products include small business loans, which are offered through its subsidiary OnDeck.

Average Trading Volume: 271,057

Technical Sentiment Signal: Buy

Current Market Cap: $3.2B

See more insights into ENVA stock on TipRanks’ Stock Analysis page.

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