Deluxe amends receivables financing, raising facility limit to $100 million
Deluxe Receivables LLC, a wholly-owned subsidiary of Deluxe Corporation, entered into Amendment No. 1 to its Receivables Financing Agreement with MUFG Bank on December 15, 2025. The amendment increases the facility limit to $100 million and extends the scheduled termination date to December 14, 2028. For shareholders, this is a financing amendment that expands borrowing capacity and extends the facility's term, with pricing tied to the company's long-term debt rating.
Key points
- Facility limit increased to $100,000,000 from the prior limit under the March 13, 2024 agreement
- Required Capital Amount increased to $17,500,000
- Scheduled Termination Date extended from March 12, 2027 to December 14, 2028
- Pricing Level as of the Closing Date is II, with a drawn fee of 1.15%
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 17, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.