Workhorse amends credit deals, raising customer-order loan commitment to $30 million
Workhorse Group entered into Amendment No. 4 to its Cash Flow Credit Agreement and Amendment No. 3 to its Customer Order Credit Agreement, both with lender Motive GM Holdings II LLC, dated October 27, 2026. The amendments raise the Customer Order commitment from $20 million to $30 million and defer interest payments on the additional $10 million loans until after March 31, 2027, which adds to the company's borrowing from its lender.
Key points
- Customer Order Credit Agreement commitment increases from $20,000,000 to $30,000,000.
- Interest on the additional $10,000,000 loan is deferred until the first Interest Payment Date after March 31, 2027.
- Cash Flow Credit Agreement interest on additional $10,000,000 loans from three earlier amendments is also deferred to after March 31, 2027.
- Amendments were dated October 27, 2026, and the filing was signed November 2, 2026 by CFO Jody Davis.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing 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 November 02, 2026.
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