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News Stories (22 Results) - Chesswood Group

Chesswood Group Limited, a North American commercial equipment finance provider for small and medium-sized businesses, reported results for the first quarter.The company posted strong metrics in the quarter along with the launch of a new... Read Story
May 15, 2019, 07:15 AM


Chesswood Group Limited announced further expansion of its equipment finance footprint in the U.S., with the launch of Tandem Finance Inc. The new firm, based in Houston, TX, provides small and medium sized businesses of all credit profiles with... Read Story
March 20, 2019, 07:24 AM


Chesswood Group Limited, a North American commercial equipment finance provider for small and medium-sized businesses, reported its record third-quarter results for the period ended Sept. 30."Our third-quarter operating income of $9.4 million helped... Read Story
November 12, 2018, 07:25 AM


Chesswood Group Limited announced its largest subsidiary, Pawnee Leasing Corporation, has closed a $250 million warehouse facility specifically to fund Pawnee’s growing prime portfolio.The warehouse facility will hold Pawnee’s prime receivables... Read Story
August 20, 2018, 07:25 AM


Chesswood Group, a North American commercial equipment finance provider for small and medium-size businesses, reported its second-quarter results for the period ended June 30.Chesswood's gross finance receivables grew to $804 million in the quarter... Read Story
August 14, 2018, 07:23 AM


Chesswood Group, a North American commercial equipment finance provider for small and medium-sized businesses reported its results for the first quarter ended March 31, 2018. The company generated record quarterly income before tax, along with strong... Read Story
May 10, 2018, 07:25 AM


Pawnee Leasing Corporation has named Dana Freeman as an additional Business Development Manager.Freeman will be responsible for enhancing the company’s development and expansion of originations with its existing and new broker partners primarily in... Read Story
March 20, 2018, 07:20 AM


Chesswood Group Limited announced that it has renewed its US$250 million corporate revolving credit facility for a term of three years, expiring in December 2020. The existing credit facility was due to expire in December 2019. Chesswood also... Read Story
December 13, 2017, 07:00 AM


Chesswood Group reported its results for the third quarter and nine-months ended September 30, 2017.The Company generated operating earnings of $6.7 million in the quarter and $24.1 million for the nine-month period, compared to $7.2 million and... Read Story
November 09, 2017, 07:00 AM


Chesswood Group Limited announced that its largest subsidiary, Pawnee Leasing Corporation, has closed a new US$75 million non-recourse asset backed facility with Capital One, N.A. through its Pawnee Receivable Fund I LLC.The facility is secured by... Read Story
October 17, 2017, 07:00 AM


Chesswood Group Limited announced that it has exercised the remaining US$50 million accordion feature in its existing corporate revolving credit facility, increasing the facility to US$250 million.The facility matures in December 2019 and Chesswood... Read Story
August 30, 2017, 07:17 AM


Blue Chip Leasing, a division of Chesswood Group Limited announced the appointment of Marcelle Newstadt as sole President. Newstadt started with Blue Chip in 2002 and has been directly responsible for the operations of the business over the last... Read Story
August 17, 2017, 07:17 AM


Chesswood Group, an equipment finance provider for small and medium-sized businesses throughout North America, reported record net income and operating earnings for 2016. Net income for 2016 of $24.3 million was up more than 22% from fiscal 2015... Read Story
March 09, 2017, 07:35 AM


Chesswood Group Limited announced that Windset Capital Corporation, its U.S. working capital loan subsidiary, will discontinue accepting new loan applications from its brokers and independent sales organization network effective September 26, 2016... Read Story
September 20, 2016, 07:18 AM


Pawnee Leasing Corporation announced that it completed its business relocation to 3801 Automation Way in Fort Collins, Colorado.“After 12 years at Centre Avenue, Pawnee Leasing Corporation moved on June 10.  Our stand alone facility has been a... Read Story
June 14, 2016, 08:00 AM


Chesswood Group Limited announced that it has entered into a definitive agreement to sell its EcoHome Financial Inc. ("EcoHome") subsidiary to Dealnet Capital Corp. for a purchase price of approximately $35.0 million.Commercial Finance... Read Story
January 22, 2016, 07:12 AM


Chesswood Group Limited announced its results for the year ended December 31, 2014. Chesswood had its fourth consecutive year of record earnings in 2014. Income before taxes was $20.4 million for the year, compared to $19.7 million in the prior year.... Read Story
March 26, 2015, 07:00 AM


Chesswood Group announced that it has entered into an agreement to acquire Blue Chip Leasing Corporation ("Blue Chip") and EcoHome Financial Inc. ("EcoHome").Blue Chip is a tenured, prime, small ticket equipment finance company serving brokers and... Read Story
February 26, 2015, 07:15 AM


Chesswood Group Limited ("Chesswood") announced that it has entered into a new three year, $150 million, revolving senior secured credit facility. The facility also includes a $50 million accordion feature which would expand the facility to $200... Read Story
December 10, 2014, 07:15 AM


Northstar Leasing Corporation (the "Company"), a Chesswood Group Company ("Chesswood"), announced that industry veterans Danny Lebovics and Bill Tsiobanos have joined the Company as President and Vice-President of Business Development... Read Story
August 22, 2014, 07:06 AM


Chesswood Group Limited ("Chesswood") announced that it has completed the purchase of all of the outstanding shares of Northstar Leasing Corporation ("Northstar"), a long-standing non-prime commercial equipment finance company, located in Barrie... Read Story
February 04, 2014, 07:01 AM


Chesswood Group Limited ("Chesswood"), announced that it has launched its new working capital loan business, WINDSET CAPITAL CORPORATION ("WINDSET" or "WINDSET CAPITAL"), headquartered in Salt Lake City, Utah. WINDSET will provide working capital... Read Story
October 03, 2013, 06:58 AM