Portfolio Financial Servicing Company Announces Successful Completion of its 2011 SSAE 16 Type II Audit

January 25, 2012

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”), a third party servicer of commercial and consumer leases, loans and annuity-type contracts, has announced the successful completion of its 2011 SSAE (Standards for Attestation Engagements) 16 Type II audit. In April 2010, the American Institute of Certified Public Accountants (“AICPA”) Auditing Standards Board issued Standards for Attestation Engagements No. 16 (“SSAE 16”), titled Reporting on Controls at [...]


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Portfolio Financial Servicing Company Selected As Servicer By Privately Held Equipment Lessor

January 4, 2012

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive agreement with a privately held equipment lessor to act as Primary Servicer for a U.S.-based commercial equipment finance portfolio, comprised of both leases and loans. Terms of the servicing agreement remain confidential. Commenting on this new engagement, John Enyart, President of PFSC, stated, “After an exhaustive analysis, our client [...]


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Portfolio Financial Servicing Company Selected As Backup Servicer for Structured Settlement Securitization

December 13, 2011

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive agreement to act as Backup and Successor Servicer for a structured settlement ABS facility. PFSC has been a leading provider of primary, backup, and successor servicing for structured settlement, lottery, and annuity contracts. John Enyart, President of PFSC, commented, “The servicing of structured settlements is a core competency at [...]


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Portfolio Financial Servicing Company Selected As Hot Backup and Successor Servicer for a Consumer Margin Loan Portfolio

November 7, 2011

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has been engaged to provide hot backup servicing and, if appointed, successor servicing duties, for a consumer margin loan portfolio. PFSC will be replacing the client’s existing backup servicer and will provide a more robust and comprehensive backup and successor servicing capability. Commenting on this new engagement, John Enyart, President of PFSC, commented, “Our [...]


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Portfolio Financial Servicing Company Appointed Custodian for Commercial Lease Portfolio

October 7, 2011

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that is has been appointed Custodian and Bailee for a commercial lease portfolio, consisting of approximately 15,000 contracts. Under the Bailment Agreement, PFSC will provide its client, and the client’s capital provider, with comprehensive document custodian services, including document receipt, document review and certification, document tracking and safekeeping. Commenting on this new engagement, John Enyart, President [...]


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Client Feedback

"Thank you very much for being such a great partner. We really appreciate it as we know PFSC will be around for the long term."

Privately Held Consumer Lender

PFSC Client since 2008

"PFSC definitely does a great job on a CONSISTENT basis over time, which is truly the measure of a great organization."

Privately Held Equipment Lessor

PFSC Client since 2005

"Thanks for all PFSC has done for us. You guys are great to work with."

Captive Finance Company

PFSC Client since 2004

"We really appreciate everything PFSC has done for us and we look forward to working with you."

Land Lease Purchaser

PFSC Client since 2010

"Thanks to PFSC for all your hard work in pushing our deal to the finish line."

Merchant Cash Advance Lender

PFSC Client since 2010

"We love the team at PFSC!"

Retail Consumer Lender

PFSC Client since 2008

"PFSC has contributed greatly to our success! Thanks for a great year and a great partnership."

Specialty Finance Company

PFSC Client since 2009

"I just wanted to let you know we are delighted with the portfolio conversion…there is no doubt in my mind we selected the right partner."

Monitor 100 Equipment Finance Company

PFSC Client since 2010

"Thank you for all your assistance and flexibility in getting our new facility closed…..we are fortunate to be working with the nicest folks in the business."

Publicly Traded Specialty Finance Company

PFSC Client since 2007

"Thank you for the excellent service you provide, which is much appreciated."

Privately Held Fleet Vehicle Lender

PFSC Client since 2006

"Thank you and the entire PFSC team for everything you have done for us this year……..we truly value our relationship with PFSC."

Privately Held Equipment Finance Company

PFSC Client since 2004

"We are delighted with PFSC’s level of expertise and performance. You could do a case study on PFSC’s customer service. We are delighted with your people across the board."

Bank-Owned Equipment Lessor

PFSC Client since 2008

"PFSC’s team is awesome and we really appreciate and value the services you provide."

Privately Held Equipment Lessor

PFSC Client since 2007

"You and your team at PFSC have been terrific to work with."

Bank-Owned Equipment Lessor

PFSC Client since 2008

"As you know, we remain very satisfied customers of PFSC."

Structured Settlement Purchaser

PFSC Client since 2005