Chesswood Group reported net income of $5.9 million in Q1/18, which was up more than 25% compared to $4.7 million a year earlier. Q1/18 originations were a record $94 million, up 19% compared to $79 million in Q1/17. read more
MAY 10, 2018 - 7:50 am
Pawnee Leasing named Dana Freeman as an additional business development manager. read more
MAR 20, 2018 - 7:25 am
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
The top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 107 printing equipment related filings during the month of January 2018. read more
MAR 9, 2018 - 7:31 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
The CLFP Foundation presented the 2017 Cindy Spurdle Award of Excellence to Brian Schonfeld of Pawnee Leasing at the NEFA Fall Funding Symposium in Atlanta. read more
OCT 27, 2017 - 6:33 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
In 2017 Pawnee Leasing will mark its 35th anniversary as an independent equipment finance company. read more
JAN 4, 2017 - 6:09 am
Pawnee Leasing named Paul J. Phillips business development manager. Phillips was previously Pawnee’s East region business development representative from 2009 to 2014. read more
DEC 5, 2016 - 6:27 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
Pawnee Leasing completed its business relocation to 3801 Automation Way in Fort Collins, CO. read more
JUN 14, 2016 - 7:51 am