Exhibit 25.1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM T-1
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939
OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE
¨ | Check if an Application to Determine Eligibility of a Trustee Pursuant to Section 305(b)(2) |
U.S. BANK NATIONAL ASSOCIATION
(Exact name of Trustee as specified in its charter)
31-0841368
I.R.S. Employer
Identification No.
| | |
800 Nicollet Mall Minneapolis, Minnesota | | 55402 |
(Address of principal executive offices) | | (Zip Code) |
Linda Garcia
U.S. Bank National Association
190 S. LaSalle Street
Chicago, IL 60603
(312) 332-6781
(Name, address and telephone number of agent for service)
Enova International, Inc.
(Issuer with respect to the Securities)
| | |
Delaware | | 45-3190813 |
(State or other jurisdiction of incorporation or organization) | | (I.R.S. Employer Identification No.) |
| | |
200 West Jackson Boulevard Chicago,Illinois | | 60606 |
(Address of Principal Executive Offices) | | (Zip Code) |
9.75% Senior Notes Due 2021
(Title of the Indenture Securities)
TABLE OF ADDITIONAL REGISTRANTS
| | | | | | |
Name of Additional Registrant* | | State or Other Jurisdiction of Incorporation or Formation | | Primary Standard Industrial Classification Code Number | | I.R.S. Employer Identification No. |
AEL Net Marketing, LLC | | DE | | 6141 | | 20-4956150 |
AEL Net of Missouri, LLC | | DE | | 6141 | | 20-4956150 |
Billers Acceptance Group, LLC | | DE | | 6141 | | 45-2238254 |
CashEuroNet UK, LLC | | DE | | 6141 | | 26-3713455 |
CashNet CSO of Maryland, LLC | | DE | | 6141 | | 20-4956150 |
CashNetUSA CO LLC | | DE | | 6141 | | 20-4956150 |
CashNetUSA of Florida, LLC | | DE | | 6141 | | 26-2511622 |
CashNetUSA OR LLC | | DE | | 6141 | | 20-4956150 |
CNU Newco, LLC | | DE | | 6141 | | 47-1971101 |
CNU DollarsDirect Inc. | | DE | | 6141 | | 27-0977932 |
CNU DollarsDirect Lending Inc. | | DE | | 6141 | | 90-0793731 |
CNU of Alabama, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Alaska, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Arizona, LLC | | DE | | 6141 | | 20-4956150 |
CNU of California, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Colorado, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Delaware, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Florida, LLC | | DE | | 6141 | | 20-5921254 |
CNU of Hawaii, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Idaho, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Illinois, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Indiana, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Kansas, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Louisiana, LLC | | DE | | 6141 | | 47-2146746 |
CNU of Maine, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Michigan, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Minnesota, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Mississippi, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Missouri, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Montana, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Nevada, LLC | | DE | | 6141 | | 26-4506480 |
CNU of New Hampshire, LLC | | DE | | 6141 | | 26-1565395 |
CNU of New Mexico, LLC | | DE | | 6141 | | 20-4956150 |
CNU of North Dakota, LLC | | DE | | 6141 | | 47-2013090 |
CNU of Ohio, LLC | | DE | | 6141 | | 37-1777953 |
CNU of Oklahoma, LLC | | DE | | 6141 | | 47-2031744 |
CNU of Oregon, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Rhode Island, LLC | | DE | | 6141 | | 20-4956150 |
CNU of South Carolina, LLC | | DE | | 6141 | | 20-4956150 |
CNU of South Dakota, LLC | | DE | | 6141 | | 47-2309597 |
CNU of Tennessee, LLC | | DE | | 6141 | | 47-2053102 |
CNU of Texas, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Utah, LLC | | DE | | 6141 | | 36-4776756 |
CNU of Virginia, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Washington, LLC | | DE | | 6141 | | 47-2017129 |
CNU of Wisconsin, LLC | | DE | | 6141 | | 20-4956150 |
CNU of Wyoming, LLC | | DE | | 6141 | | 20-4956150 |
CNU Online Holdings, LLC | | DE | | 6141 | | 20-4956150 |
CNU Technologies of Iowa, LLC | | DE | | 6141 | | 20-4956150 |
CreditMe, LLC | | DE | | 6141 | | 47-2932891 |
Debit Plus Payment Solutions, LLC | | DE | | 6141 | | 26-3471347 |
Debit Plus Services, LLC | | DE | | 6141 | | 26-2862455 |
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| | | | | | |
Name of Additional Registrant* | | State or Other Jurisdiction of Incorporation or Formation | | Primary Standard Industrial Classification Code Number | | I.R.S. Employer Identification No. |
Debit Plus Technologies, LLC | | DE | | 6141 | | 26-3955301 |
Debit Plus, LLC | | DE | | 6141 | | 26-2862455 |
DollarsDirect, LLC | | DE | | 6141 | | 26-4663418 |
DP Labor Holdings, LLC | | DE | | 6141 | | 98-1022571 |
Enova Brazil, LLC | | DE | | 6141 | | 20-4956150 |
Enova Financial Holdings, LLC | | DE | | 6141 | | 27-1129195 |
Enova International GEC, LLC | | DE | | 6141 | | 61-1725135 |
Enova Online Services, Inc. | | DE | | 6141 | | 27-1129063 |
EuroNetCash, LLC | | DE | | 6141 | | 20-4956150 |
Headway Capital, LLC | | DE | | 6141 | | 38-3952821 |
Mobile Leasing Group, Inc. | | DE | | 6141 | | 27-1758197 |
NC Financial Solutions of Alabama, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of Arizona, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of California, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of Delaware, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of Florida, LLC | | DE | | 6141 | | 20-4956150 |
NC Financial Solutions of Georgia, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of Idaho, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of Illinois, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of Indiana, LLC | | DE | | 6141 | | 27-2424775 |
NC Financial Solutions of Kansas, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of Louisiana, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of Maryland, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of Mississippi, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of Missouri, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of Montana, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of Nevada, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of New Hampshire, LLC | | DE | | 6141 | | 90-0847181 |
NC Financial Solutions of New Jersey, LLC | | DE | | 6141 | | 47-3181890 |
NC Financial Solutions of New Mexico, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of North Dakota, LLC | | DE | | 6141 | | 47-2017630 |
NC Financial Solutions of Ohio, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of Oregon, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of Rhode Island, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of South Carolina, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of South Dakota, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of Tennessee, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of Texas, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of Utah, LLC | | DE | | 6141 | | 35-2492962 |
NC Financial Solutions of Virginia, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions of Wisconsin, LLC | | DE | | 6141 | | 80-0807037 |
NC Financial Solutions, LLC | | DE | | 6141 | | 80-0807037 |
Ohio Consumer Financial Solutions, LLC | | DE | | 6141 | | 20-4956150 |
Tennessee CNU, LLC | | DE | | 6141 | | 47-2803927 |
The Check Giant NM, LLC | | DE | | 6141 | | 20-4956150 |
* | Address and telephone numbers of principal executive offices are the same as those of Enova International, Inc. |
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FORM T-1
Item 1. | GENERAL INFORMATION.Furnish the following information as to the Trustee. |
| a) | Name and address of each examining or supervising authority to which it is subject. |
Comptroller of the Currency
Washington, D.C.
| b) | Whether it is authorized to exercise corporate trust powers. |
Yes
Item 2. | AFFILIATIONS WITH OBLIGOR.If the obligor is an affiliate of the Trustee, describe each such affiliation. |
None
Items 3-15 | Items 3-15 are not applicable because to the best of the Trustee’s knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee. |
Item 16. | LIST OF EXHIBITS:List below all exhibits filed as a part of this statement of eligibility and qualification. |
| 1. | A copy of the Articles of Association of the Trustee.* |
| 2. | A copy of the certificate of authority of the Trustee to commence business, attached as Exhibit 2. |
| 3. | A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3. |
| 4. | A copy of the existing bylaws of the Trustee.** |
| 5. | A copy of each Indenture referred to in Item 4. Not applicable. |
| 6. | The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6. |
| 7. | Report of Condition of the Trustee as of December 31, 2014 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7. |
* | Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005. |
** | Incorporated by reference to Exhibit 25.1 to registration statement on form S-3ASR, Registration Number 333-199863 filed on November 5, 2014. |
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SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Chicago, State of Illinois on the 25th of March, 2015.
| | |
By: | | /s/ Linda Garcia |
| | Linda Garcia |
| | Vice President |
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Exhibit 2
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![LOGO](https://capedge.com/proxy/S-4/0001193125-15-105239/g894326ex25_1pg006a.jpg) | | Office of the Comptroller of the Currency |
| | | | Washington, DC 20219 |
CERTIFICATE OF CORPORATE EXISTENCE
I, Thomas J. Curry, Comptroller of the Currency, do hereby certify that:
1. The Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.
2. “U.S. Bank National Association,” Cincinnati, Ohio (Charter No. 24), is a national banking association formed under the laws of the United States and is authorized thereunder to transact the business of banking on the date of this certificate.
| | |
| | IN TESTIMONY WHEREOF, today, January 21, 2015, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia. |
![LOGO](https://capedge.com/proxy/S-4/0001193125-15-105239/g894326ex25_1pg006b.jpg)
| | ![LOGO](https://capedge.com/proxy/S-4/0001193125-15-105239/g894326ex25_1pg006c.jpg)
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| Comptroller of the Currency |
| |
6
Exhibit 3
| | | | |
![LOGO](https://capedge.com/proxy/S-4/0001193125-15-105239/g894326ex25_1pg007a.jpg) | | Office of the Comptroller of the Currency |
| | | | Washington, DC 20219 |
CERTIFICATION OF FIDUCIARY POWERS
I, Thomas J. Curry, Comptroller of the Currency, do hereby certify that:
1. The Office of the Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.
2. “U.S. Bank National Association,” Cincinnati, Ohio (Charter No. 24), was granted, under the hand and seal of the Comptroller, the right to act in all fiduciary capacities authorized under the provisions of the Act of Congress approved September 28, 1962, 76 Stat. 668, 12 USC 92a, and that the authority so granted remains in full force and effect on the date of this certificate.
| | |
| | IN TESTIMONY WHEREOF, today, January 21, 2015, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia. |
![LOGO](https://capedge.com/proxy/S-4/0001193125-15-105239/g894326ex25_1pg007b.jpg)
| | ![LOGO](https://capedge.com/proxy/S-4/0001193125-15-105239/g894326ex25_1pg007c.jpg)
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| Comptroller of the Currency |
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Exhibit 6
CONSENT
In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.
Dated: March 25, 2015
| | |
By: | | /s/ Linda Garcia |
| | Linda Garcia |
| | Vice President |
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Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 12/31/2014
($000’s)
| | | | |
| | 12/31/2014 | |
Assets | | | | |
Cash and Balances Due From Depository Institutions | | $ | 10,622,022 | |
Securities | | | 100,557,832 | |
Federal Funds | | | 79,987 | |
Loans & Lease Financing Receivables | | | 247,427,720 | |
Fixed Assets | | | 4,246,071 | |
Intangible Assets | | | 13,078,376 | |
Other Assets | | | 22,967,351 | |
| | | | |
Total Assets | | $ | 398,978,359 | |
| |
Liabilities | | | | |
Deposits | | $ | 294,158,985 | |
Fed Funds | | | 1,722,932 | |
Treasury Demand Notes | | | 0 | |
Trading Liabilities | | | 734,026 | |
Other Borrowed Money | | | 45,457,856 | |
Acceptances | | | 0 | |
Subordinated Notes and Debentures | | | 3,650,000 | |
Other Liabilities | | | 11,857,789 | |
| | | | |
Total Liabilities | | $ | 357,581,588 | |
| |
Equity | | | | |
Common and Preferred Stock | | | 18,200 | |
Surplus | | | 14,266,400 | |
Undivided Profits | | | 26,256,268 | |
Minority Interest in Subsidiaries | | | 855,903 | |
| | | | |
Total Equity Capital | | $ | 41,396,771 | |
| |
Total Liabilities and Equity Capital | | $ | 398,978,359 | |
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