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Debt financing

VERSABANK ANNOUNCES THRIVE FINANCIAL AS NEW US RECEIVABLE PURCHASE PROGRAM PARTNER

Lane
Debt financing
Announced
06 Oct 2025
Province
Ontario
Industry
Unclassified
Status
Announced
What the filing says
VersaBank (TSX: VBNK ) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced its wholly owned US subsidiary, VersaBank USA, has entered into an agreement with Thrive Financial Inc. ("Thrive Financial"), a Virginia-based technology platform for point-of-sale financing of home improvement projects, connecting homeowners, merchants, and lenders nationally, under which Thrive will utilize the Bank's Receivable Purchase Program (RPP) in the United States.
Source

Compiled from public filings, court documents, exchange bulletins and issuer releases. Figures are as disclosed and are not independently verified.

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