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

Chesswood Group exercised the remaining $50 million accordion feature in its existing revolver to support continued growth in its Pawnee Leasing portfolio. read more

AUG 30, 2017 - 7:16 am

Chesswood Group, with equipment finance businesses that include Pawnee Leasing and BlueChip Leasing, increased its revolving credit facility to $170 million with a lender group led by Royal Bank of Canada. read more

DEC 1, 2016 - 6:22 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

Chesswood Group announced Q1/16 net income was $12.2 million, up $8.7 million from $3.5 million in Q1/15. Chesswood said the first quarter was most notable for strong originations. read more

MAY 13, 2016 - 7:20 am

Blue Chip Leasing appointed Jenifer Cua chief financial officer and also named Marcelle Newstadt and Ramon Chait co-presidents. read more

APR 8, 2016 - 7:07 am

In its Q4/15 earnings report, the Chesswood Group said that Pawnee Leasing had originations growth of 37% while Blue Chip Leasing recorded a 47% increase. read more

MAR 18, 2016 - 6:38 am

Chesswood Group, the parent company of Pawnee Leasing, entered into a definitive agreement to sell its EcoHome Financial subsidiary to Dealnet Capital for a purchase price of approximately $35.0 million. read more

JAN 25, 2016 - 7:49 am

Chesswood Group announced its results for the three and nine-months ended September 30. Of interest is that the equipment finance businesses Pawnee and Blue Chip registered record originations. read more

NOV 5, 2015 - 7:21 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

Chesswood Group announced a $28 million public offering and a concurrent $6 million private placement to fund part of the purchase price for Chesswood’s acquisition of Blue Chip Leasing and EcoHome Financial. read more

MAR 6, 2015 - 7:20 am

Chesswood Group announced it entered into an agreement to acquire Blue Chip Leasing and EcoHome Financial. It named former Blue Chip CEO Daniel Wittlin as COO of Chesswood. read more

FEB 27, 2015 - 6:47 am

Chesswood Group announced it successfully completed the sale of the operations of its Case Funding subsidiary to a U.S. based private equity firm. read more

FEB 5, 2015 - 7:30 am