Ryan Marr Related Content

Chesswood Reports Decline in Lease Modifications, Resumes Dividend Program

In Chesswood Group’s Q3/20 earnings report, Ryan Marr, president and CEO of the company, said that lease modifications declined in the quarter and that the company expects to resume paying dividends starting in November. read more

Chesswood’s Pawnee Leasing Closes Second Marketed Securitization at $183MM

Chesswood Group’s subsidiary Pawnee Leasing closed its second marketed U.S. securitization of receivables. Proceeds from this securitization were $183 million and will be used to repay Pawnee’s two non-recourse asset-backed facilities with Capital One, among other purposes. read more

Chesswood Reports Decline in COVID-19 Related Deferrals at End of Q2

Chesswood Group, a North American commercial equipment finance provider for small and medium-sized businesses, reported its Q2/20 results and provided a COVID-19 update, noting that COVID-19 related deferrals declined and 66% of the company’s portfolio is made up of prime credits. read more

Chesswood Changes Senior Management, CEO Shafran to Retire

Chesswood’s president and CEO, Barry Shafran, is retiring and Ryan Marr will assume his position. Ed Sonshine rejoined the board of directors and David Obront stepped down. read more

Chesswood Temporarily Suspends Dividends, Adds Strategic Advisor

Chesswood Group is temporarily suspending its monthly dividend as part of a broader initiative to draw on its revolving credit facility to resume funding new business in the U.S. Ryan Marr joined as an advisor to help design and implement new funding strategies for our businesses. read more

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