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CHESSWOOD ANNOUNCES RESULTS FOR Q1 2019
Record Portfolio Growth and Income Before Taxes TORONTO, May 8, 2018 – Chesswood Group Limited (“Chesswood” or “the Company”) (TSX: CHW), a North American commercial equipment finance provider for small and medium-sized businesses, today reported its results for the first quarter ended March 31, 2018. The Company generated record quarterly Income before tax, along with […]
CHESSWOOD GROUP ANNOUNCES THE LAUNCH OF TANDEM FINANCE
First U.S. Vendor Channel Funder to Offer Equipment Sellers and Distributors Proven Expertise in Funding Commercial Customers in All Credit Grades TORONTO, March 20, 2019 – Chesswood Group Limited (“Chesswood”) (TSX: CHW) today announced further expansion of its equipment finance footprint in the U.S., with the launch of Tandem Finance Inc. (“Tandem Finance”). Tandem Finance, […]
CHESSWOOD ANNOUNCES RESULTS FOR 2018
Eighth Consecutive Year of Record Operating Income and Originations Income before Taxes of $32.7 million vs $27.8 in 2017 TORONTO, March 13, 2019 – Chesswood Group Limited (“Chesswood” or “the Company”) (TSX: CHW), a North American commercial equipment finance provider for small and medium-sized businesses, today reported its results for the fourth quarter and year […]
Chesswood Announces Results for Q3 2018
Operating Income of $9.4 million in the Quarter Portfolio Exceeds $850 Million with More Than 32,000 Finance Contracts TORONTO, November 12, 2018 – Chesswood Group Limited (“Chesswood” or “the Company”) (TSX: CHW), a North American commercial equipment finance provider for small and medium-sized businesses, today reported its record third quarter results for the periods ended […]
Chesswood Announces New US$250 Million Warehouse Facility
Improved and Expanded Funding for U.S. Prime Receivables TORONTO, August 20, 2018 – Chesswood Group Limited (TSX: CHW) (“Chesswood” or the “Company”) announced today that its largest subsidiary, Pawnee Leasing Corporation (“Pawnee”), has closed a US$250 million warehouse facility specifically to fund Pawnee’s growing prime portfolio. The warehouse facility will hold Pawnee’s prime receivables before […]