Chesswood Group formed a joint venture partnership with Wafra to invest in equipment finance leases and loans originated by Chesswood subsidiaries Pawnee Leasing and Tandem Finance, targeting up to $1 billion in total acquisitions. read more

NOV 1, 2023 - 6:48 am

In 2022, Tandem Finance completed more than $333 million in small-ticket equipment finance funding, yielding year-over-year growth of 58%. read more

MAR 6, 2023 - 7:17 am

LilyPad EV, an electric vehicle charging station provider for commercial businesses, is collaborating with Tandem Finance to streamline the financing process for auto dealerships and all small and medium-sized companies wanting to install EV charging station infrastructure. read more

DEC 2, 2022 - 7:15 am

Chesswood Group reported that its U.S equipment finance segment increased interest revenue on leases and loans by $2.7 million in 2021 compared with 2020. In addition, its Canadian equipment financing segment generated a year-over-year increase in revenue of $17.6 million. read more

MAR 10, 2022 - 6:50 am

Using its newly launched Fund Your Franchise initiative, Tandem Finance is partnering with American Family Care to provide financing to current and expanding American Family Care franchise units in the urgent care services market. read more

DEC 1, 2021 - 6:06 am

Tandem Finance is partnering with SANY America, a construction equipment manufacturer, to provide financing services to its dealer partner network. read more

NOV 24, 2021 - 6:33 am

Chesswood Group’s U.S. equipment finance segment (Pawnee Leasing and Tandem Finance) reported interest revenue on leases and loans of $24.3 million and ancillary and other income of $3.1 million, a total increase of $3.6 million period over period. read more

NOV 8, 2021 - 6:24 am

Tandem Finance promoted Linda Clements to vice president of vendor program management. In this role, Clements will assume executive leadership responsibility for Tandem Finance’s vendor service area. read more

OCT 6, 2021 - 5:46 am

Tandem Finance promoted Mike Bardwell to vice president and general manager of its transportation and construction segments. read more

AUG 23, 2021 - 6:24 am

Tandem Finance promoted Martin Murphy to vice president and general manager of diversified segments. Murphy will manage business development for diversified segments and sales personnel. Murphy originally joined Tandem Finance in February of 2019. read more

AUG 19, 2021 - 6:14 am

Megan Allen joined Tandem Finance as brand ambassador to the franchise market. Allen will lead Tandem’s efforts to support the franchise industry and guide a future company launch, which will create custom programs for franchisors and their growth needs. read more

JUL 22, 2021 - 6:27 am

Tandem Finance, a small-ticket, independent, equipment finance and lease company grew 210% during 2020 with the addition of a transportation finance team led by Mike Bardwell as well as an increase in business development, sales and vendor employees. read more

JAN 22, 2021 - 7:06 am

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

NOV 12, 2020 - 7:22 am

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

AUG 11, 2020 - 6:53 am

Chesswood Group provided an update on the effects of COVID-19 on its business and banking activities. read more

JUN 24, 2020 - 6:44 am