VersaBank USA partners with ECN Capital unit on US structured receivable program
VersaBank
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- VersaBank USA entered an agreement with an ECN Capital subsidiary to use its US Structured Receivable Program for consumer loan funding.
- New partner expected to add at least US$ 300 million of annual SRP fundings, with initial funding expected in coming weeks.
- VersaBank, ECN Capital see potential for the program to scale beyond US$ 500 million per year over time.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VersaBank published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607090700PR_NEWS_USPR_____TO00875) on July 09, 2026, and is solely responsible for the information contained therein.
