Pawnee Leasing Attains 'Meaningful Milestones' in Q1/13



Chesswood Group said its Q1/13 income before taxes and unrealized gains was $4.7 million for the quarter, compared to $3.8 million in the first quarter of 2012.

“Chesswood has posted another excellent quarter and we’re thrilled to get off to a strong start in 2013” said Barry Shafran, the company’s president and CEO.

“Each of our operating businesses posted results ahead of the same quarter last year, with Pawnee Leasing and Case Funding each attaining meaningful milestones. Pawnee had an excellent quarter of originations that resulted in another record quarter for new business, while Case Funding recorded its best results to date and posted another profitable quarter,” added Shafran.

To read Chesswood’s full news release click here.


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