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Simply Group Financial Selected as Point-of-Sale Partner by VersaBank with Financing of $72 Million.

September 14, 2020 / Business Wire
SHARESHARESHARE

VersaBank today announced that it has partnered with Simply Group Financial Corp, for its Point-of-Sale Financing business. Simply Group Financial is a subsidiary of Simply Green Home Services Inc., parent corporation of the “Simply Group”, one of Canada’s fastest growing home energy solution, home improvement and consumer lending businesses. As partners, VersaBank will provide Simply Financial with financing to facilitate ongoing loan origination utilizing VersaBank’s proprietary software solution. In their first transaction, VersaBank has initially provided Simply Group Financial with a financing facility of $72 million.