Winchester Equity Corporation Announces New Loan Agreement

Winchester Equity Corporation (TSXV: WEC) announced on June 25, 2026, that it entered into a new secured promissory note agreement to lend USD $500,000 to Taxfyle, Inc. The facility carries a flat 5% interest rate, generating $25,000 in total interest, with full repayment due by August 15, 2026. The loan is secured by Taxfyle’s assets, specifically a pledge of receivables exceeding the principal plus interest. The transaction is structured as an arm’s length deal compliant with TSXV Policy 1.1.

This development follows a September 2025 announcement in which WEC entered a secured convertible promissory note with Selma House LLC for up to USD $2 million, featuring a 10% interest rate and convertibility into 47.2% equity. Selma has drawn USD $1 million to date. The progression indicates WEC is actively deploying capital into short-term, secured lending facilities with private counterparties, shifting focus from traditional operations to yield-generating credit.

Winchester Equity Corporation (WEC) has secured a $500,000 loan, representing approximately 15.4% of its total assets of $3.243 million as of 2025 and roughly 2.2% of its current market capitalization of approximately $2.25 million. The facility carries a 5% flat interest rate and is fully secured by receivables with a short maturity of two months.

In 2025, WEC reported $227,000 in interest income, and this new facility adds a clear, short-term yield stream to the company’s bottom line. The transaction is routine for a holding company operating a lending book, serving as an incremental capital deployment that supports the existing income-generation model without altering the company’s strategic direction or introducing transformative growth or acquisition activity.

Winchester Equity Corporation operates as a micro-cap holding company focused on generating returns through secured lending and strategic investments rather than traditional operational revenue. Its flagship activity involves deploying capital into short-term, secured promissory notes with interest rates ranging from 5% to 10%, often backed by collateral or conversion rights.

The company’s financial trajectory shows a deliberate pivot away from operational losses, which totaled $6.67 million in 2022, to modest profitability of $260,000 in net income for 2025. This shift is driven by interest income and aggressive SG&A reduction, which fell from $5.2 million in 2022 to $246,000 in 2025. The company has effectively transitioned into a lean, cash-generating lending vehicle with minimal overhead.