{"filing":{"accession_number":"0000929638-26-002315","cik":"0001654238","ticker":null,"company_name":"EFCAR, LLC","form":"8-K","filing_date":"2026-06-24","report_date":null,"primary_document":"eart2026-3_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1654238/000092963826002315/eart2026-3_8k.htm"},"events":[{"id":13454,"run_id":11953,"accession_number":"0000929638-26-002315","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"EFCAR transferred sub-prime automobile loan receivables to a trust structure and the trust issued approximately $1.29 billion in aggregate principal amount of asset-backed notes (Class A-1 through Class N) secured by the receivables. This is a material debt issuance creating direct financial obligations, structured as an asset-backed securitization with multiple note classes. The transaction involves entry into multiple definitive agreements on the closing date, including the Indenture governing the notes and the Sale and Servicing Agreement.","company_name":"EFCAR, LLC","ticker":null,"filing_date":"2026-06-24","form":"8-K","submitted_at":null,"items":[{"id":10594,"accession_number":"0000929638-26-002315","item_number":"1.01","item_title":"Entry","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The Trust issued $1.291 billion in aggregate principal amount of asset-backed notes (Classes A-1 through A-3, B, C, D, E, and N) on the Closing Date, June 24, 2026, secured by sub-prime automobile loan receivables. This represents the creation of direct financial obligations through a securitization transaction, which is the hallmark of a debt issuance event under Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-24T17:33:36.838099+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":10594,"accession_number":"0000929638-26-002315","item_number":"1.01","item_title":"Entry","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The Trust issued $1.291 billion in aggregate principal amount of asset-backed notes (Classes A-1 through A-3, B, C, D, E, and N) on the Closing Date, June 24, 2026, secured by sub-prime automobile loan receivables. This represents the creation of direct financial obligations through a securitization transaction, which is the hallmark of a debt issuance event under Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-24T17:33:36.838099+00:00","company_name":"EFCAR, LLC","ticker":null,"filing_date":"2026-06-24"}]}