Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
(§240.12b-2 of this chapter).
On
August 25, 2021, EFCAR, LLC transferred certain sub-prime automobile loan contracts (the
“Receivables”) to Exeter Automobile Receivables Trust 2021-3 (the
“Trust”). The Trust granted a security
interest in the Receivables to Citibank, N.A., as indenture trustee (the
“Indenture Trustee”), and issued: : (i) Class A-1 Asset-Backed Notes in the aggregate original principal amount of $124,000,000; (ii) Class A-2 Asset-Backed Notes in the aggregate
original principal amount of $309,890,000; (iii) Class A-3 Asset-Backed Notes in the aggregate original principal amount of $199,800,000; (iv) Class B Asset-Backed Notes in the aggregate original principal amount of $206,550,000; (v) Class C
Asset-Backed Notes in the aggregate original principal amount of $189,170,000; (vi) Class D Asset-Backed Notes in the aggregate original principal amount of $187,160,000; and (vii) Class E Asset-Backed Notes in the aggregate original principal amount
of $80,220,000 (collectively, the
“Notes”). This Current Report on Form 8-K is being filed to file executed copies of the Indenture, Amended and Restated Trust Agreement for the Trust, Amended and Restated Trust Agreement for Exeter Holdings Trust
2021-3, Sale and Servicing Agreement, Purchase Agreement, Sale Agreement, Contribution Agreement, Deposit Account Control Agreement, Asset Representations Review Agreement and Custodian Agreement (as listed below) executed in connection with the
issuance of the Notes.
| Item 9.01. |
Financial Statements and Exhibits.
|
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
