{"filing":{"accession_number":"0000929638-26-003359","cik":"0001654238","ticker":null,"company_name":"EFCAR, LLC","form":"8-K","filing_date":"2026-08-31","report_date":"2026-08-31","primary_document":"eart2026-4_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1654238/000092963826003359/eart2026-4_8k.htm"},"events":[{"id":30569,"run_id":28017,"accession_number":"0000929638-26-003359","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 $1.06 billion in aggregate principal amount of asset-backed notes across eight classes (A-1 through N). This constitutes creation of a new direct financial obligation through debt issuance. While the transaction involves securitization and multiple agreements, the core material event is the issuance of the asset-backed notes, which is the primary financial obligation created on the Closing Date of August 31, 2026.","company_name":"EFCAR, LLC","ticker":null,"filing_date":"2026-08-31","form":"8-K","submitted_at":null,"items":[{"id":33194,"accession_number":"0000929638-26-003359","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The Trust issued approximately $1.06 billion in aggregate principal amount of asset-backed notes across eight classes (A-1 through N) on the Closing Date of August 31, 2026, secured by sub-prime automobile loan receivables. This constitutes creation of direct financial obligations through debt issuance, supported by the Indenture and multiple supporting agreements. While this is a securitization structure (typical for asset-backed securities), the core event is the issuance of debt instruments by the Trust.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-31T18:14:49.864409+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":33194,"accession_number":"0000929638-26-003359","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The Trust issued approximately $1.06 billion in aggregate principal amount of asset-backed notes across eight classes (A-1 through N) on the Closing Date of August 31, 2026, secured by sub-prime automobile loan receivables. This constitutes creation of direct financial obligations through debt issuance, supported by the Indenture and multiple supporting agreements. While this is a securitization structure (typical for asset-backed securities), the core event is the issuance of debt instruments by the Trust.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-31T18:14:49.864409+00:00","company_name":"EFCAR, LLC","ticker":null,"filing_date":"2026-08-31"}]}