VersaBank USA

Bank equipment finance group based in Minneapolis, Minnesota.

VersaBank USA is the U.S. national bank subsidiary of Canada's VersaBank, operating as a branchless, business-to-business lender. Through its Receivables Purchase Program it buys small-ticket loan and lease receivables from finance and leasing companies across the United States, giving those originators a source of funding rather than lending to end borrowers directly.

Profile

TypeBank
HeadquartersMinneapolis, Minnesota
Websiteus.versabank.com
ParentVersaBank
MarketSmall ticket
CoverageNational
SectorsLender finance

Sources: VersaBank USA.

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