In addition to benefiting from a $9.4 million tax recovery, Chesswood Group announced it enjoyed a record year by most financial measures including originations, total portfolio size, finance margin and operating income. read more

MAR 13, 2018 - 6:17 am

Chesswood Group renewed its $250 million corporate revolving credit facility for a term of three years, expiring in December 2020. read more

MAR 6, 2018 - 6:06 am

Chesswood renewed its $250 million revolver for a term of three years and will redeem all $20 million of its outstanding debentures in January 2018. read more

DEC 13, 2017 - 6:34 am

Chesswood Group reported Q3/17 operating earnings of $6.7 million compared to $7.2 million during the same quarter a year ago. read more

NOV 9, 2017 - 6:20 am

Chesswood Group’s largest subsidiary, Pawnee Leasing, closed a new $75 million non-recourse asset backed facility with Capital One through its Pawnee Receivable Fund I LLC. read more

OCT 16, 2017 - 8:20 am

Blue Chip Leasing, a division of Chesswood Group, appointed Marcelle Newstadt as sole president. read more

AUG 17, 2017 - 6:40 am

Chesswood Group will discontinue operations of Windset Capital, its U.S. working capital loan subsidiary, effective September 26, 2016, in order to focus solely on equipment finance. read more

SEP 20, 2016 - 7:06 am

The Chesswood Group entered into a definitive agreement to sell its Acura dealership, Acura Sherway, in order to complete its transformation into a specialty finance company. read more

OCT 7, 2015 - 6:17 am