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Pawnee Leasing Corporation Relocation

September 28, 2016 By Pawnee Leasing

Fort Collins, CO, June 13, 2016 – Pawnee Leasing Corporation announced that it completed its business relocation to 3801 Automation Way in Fort Collins, Colorado.

“After 12 years at Centre Avenue, Pawnee Leasing Corporation moved on June 10. Our stand alone facility has been a fantastic home for Pawnee, but we finally ran out of space in the building this spring as our employee team has grown along with the significant growth of our business. It wasn’t cost effective to build on to the existing building to accommodate our future growth plans, so we have new space that allows our entire team to be together in one single open space in a larger office building in southeast Fort Collins.” said Gary Souverein, Pawnee’s President.

 

New corporate location for Pawnee Leasing Corporation

Pawnee Leasing Corporation, exclusively serving the equipment leasing broker and lessor channel since 1982, has expanded its product line over the last ten years and now offers financing not only for start-ups and “B” credits but also for application-only “A” credits to $150,000 to select broker and lessor partners, at competitive rates.

Souverein added, “We’re looking forward to settling in to our new home and expect that it will be as great as our last one at Centre Avenue. More importantly, I’m looking forward to each of our employees growing, learning and succeeding as a Team in our new home as we set our eyes on new milestones and achievements for Pawnee.”

Pawnee Leasing Corporation, providing lease financing in the lower 48 states since 1982, purchases small-ticket “Start-Up”, “C”, “B” and “A” credit transactions from a national network of brokers/ lessors. Pawnee Leasing also supports contract servicing for its sister-company, Windset Capital Corporation, a working capital funding source founded in 2013.

For more information please contact info@pawneeleasing.com www.pawneeleasing.com

Pawnee Leasing Corporation is a Chesswood Group Limited company traded on the Toronto Stock Exchange – TSX:CHW – www.chesswoodgroup.com

Filed Under: News

Windset Capital Corporation announces it will discontinue funding new business

September 20, 2016 By Pawnee Leasing

Riverton, UT, September 16, 2016 – Windset Capital Corporation (“Windset”), a subsidiary of
Chesswood Group Limited (“Chesswood”), announced today that it will discontinue accepting new
loan applications from its brokers and independent sales organization network effective September
26, 2016.

“After three years of serving the short-term working capital market and dedicating 100% of
Windset’s resources to the broker/ISO community, we have made the strategic decision to exit the
working capital loan market and focus solely on our growing equipment finance businesses.” said
Barry Shafran, Chesswood’s President and CEO.

“We have made the decision to focus our organization on our growing and more profitable business
activities in the equipment finance market” added Gary Souverein, Windset and Pawnee Leasing
Corporation’s President. “While we have continued to manage Windset profitably, our longer term
outlook on the changing fundamentals of the working capital loan market have made us
uncomfortable with the risk-return profile. We appreciate the many relationships we have made
since 2013 and we will continue to fund all of our partners’ approved applications” said Souverein.

Windset will no longer accept new loan applications effective Monday, September 26, 2016.
Windset will complete and fund all open and valid approvals and will continue to service all of the
loans in its portfolio, for the entire duration of their terms.

About Chesswood Group Limited

Chesswood Group Limited, a public company traded on the Toronto Stock Exchange (TSX:CHW),
operates in the financial services industry with equipment finance businesses in both Canada and
the U.S. To learn more about Chesswood Group, visit www.ChesswoodGroup.com.

Founded in 1982, Pawnee Leasing Corporation is a market-leading national small-ticket equipment
finance business specializing in lending to small and medium sized businesses in all credit profiles
including start-ups, with transactions up to $150,000.

For more information visit www.Chesswood.com,
www.PawneeLeasing.com , www.WindsetCapital.com

For more information contact:
Barry Shafran
President & CEO President
Chesswood Group Limited
416-386-3099
bshafran@chesswoodgroup.com

Gary Souverein
President
Windset Capital Corporation and
Pawnee Leasing Corporation
800-864-4266
gary@windsetcapital.com gary@pawneeleasing.com

This press release contains forward-looking statements that involve a number of risks and uncertainties
because they relate to events and depend on circumstances that will occur in the future. Many factors
could cause actual results and developments to differ materially from those expressed or implied by these
forward-looking statements.

NO STOCK EXCHANGE, SECURITIES COMMISSION OR OTHER REGULATORY
AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED
HEREIN.

Filed Under: News

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