VersaBank USA’s Receivable Purchase Program involves purchasing loan and lease receivables from finance and leasing companies that operate throughout the USA, providing financing in a variety of industries for both consumers and commercial entities. Many of these finance companies take advantage of new technologies to reach customers directly at the point of purchase. In this way, VersaBank USA provides the much-needed capital for small businesses and greater choice for consumers across the country.
VersaBank USA has developed state-of-the-art, high-capacity systems that allow it to quickly process large numbers of small-ticket loan and lease receivables.
VersaBank USA is at the leading edge of this method of financing.
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