An operating need
A working capital loan is aimed at the resources that keep the business running. Versa Capital prepares the file and presents it to its partners. No amount is shown before a written offer.
Versa CapitalProducts
Working capital
For businesses in Quebec whose need is about operations, not the purchase of a specific asset.
The product
The working capital loan in the catalogue
The working capital loan is already a line among the financing products. It serves operating needs, between cash coming in and cash going out. The corporate and strategic financing page also places it with growth, acquisition, refinancing and debt consolidation.
On its own, it does not finance a machine, a truck or agricultural equipment. When the need is a named asset, the file starts with equipment financing.
Two different needs
Operations, or a piece of equipment
A need for an asset
An excavator, a truck, a trailer or agricultural equipment is financed as equipment, often by lease or by a term loan to purchase. That is not the role of this page.
Link with refinancing
Free up capacity, or finance operations
A business that already owns equipment can look at a sale-leaseback. That transaction starts from an asset. A working capital loan does not start from the sale of equipment. The two products answer different starting points.
The treatment of interest and principal depends on the use of the loan and on the situation of the business. Versa Capital does not give tax advice. An accountant or a tax advisor confirms the treatment before signing.
Who it is for
Sectors concerned
The loan can concern a business in one of the sectors Versa Capital already finances. The sector does not change the nature of the product: it remains a working capital loan, not equipment financing.
Construction
- Construction equipment
Transportation
- Transportation equipment
Agriculture
- Agricultural equipment
Our approach
Support in five steps
- 1
Understand
Grasp the business, its operations, its industry, its financial position and its ambitions.
- 2
Structure
Build a financing approach suited to the project, the profile and the client objectives.
- 3
Position
Prepare the file and present it to the appropriate financial partners, with its strengths made clear.
- 4
Compare and explain
Compare the options and make their effects easy to understand, so the decision is an informed one.
- 5
See it through
Coordinate the documentation, the negotiation, the signing and the funding, then remain available after the transaction.
More than 20 financial partners. One point of contact to compare and negotiate your options.
FAQ
Common questions
What is a working capital loan at Versa Capital?
It is a catalogue product for the operating needs of the business. It is separate from financing a piece of equipment.
Does it replace financing for a machine or a truck?
No. A specific asset is financed as equipment. A working capital loan does not stand in for that file.
Where does it sit relative to corporate financing?
The corporate and strategic financing page mentions it alongside growth, acquisitions, refinancing and debt consolidation.
How is it different from a sale-leaseback?
A sale-leaseback starts from equipment the business sells, then keeps using. A working capital loan does not start from that sale.
Is an amount shown on this page?
No. No amount is published. Only a written offer, after the file is reviewed, can contain one.
Is the interest deductible?
Versa Capital does not state that it is. The treatment depends on the use of the loan and on the situation of the business. An accountant or a tax advisor must confirm it.
Contact
Let us talk about your project
Every project deserves a considered structure.
Describe your financing need. An advisor at Versa Capital will contact you.