Portfolio Financial Servicing Company Announces Successful Completion of its 2009 SAS 70 Audit

January 22, 2010

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 2009 SAS (Statement on Auditing Standards) 70 Type II audit. Statement on Auditing Standards 70 (“SAS 70”) is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants (“AICPA”). It is used to report [...]


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Portfolio Financial Servicing Company Selected As Primary Servicer for Commercial Equipment Lease Portfolio

December 4, 2009

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive agreement with an originator and purchaser of commercial equipment lease transactions to act as Primary Servicer for a U.S.-based commercial equipment finance portfolio. Terms of the servicing agreement remain confidential. In its capacity as Primary Servicer, PFSC will be responsible for substantially all servicing functions, including invoicing and ACH [...]


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Portfolio Financial Servicing Company Selected by Two Northwest Banks as Successor Servicer for Commercial Auto Lease Portfolio

November 27, 2009

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive agreement with two regional banks located in the Northwest to service and administer the wind down of a commercial auto lease portfolio. Terms of the servicing agreement remain confidential. In its capacity as Successor Servicer, PFSC will be responsible for substantially all servicing functions, including invoicing and ACH processing, [...]


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Portfolio Financial Servicing Company Announces Successful Completion of its 2008 SAS 70 Audit

January 23, 2009

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 2008 SAS (Statement on Auditing Standards) 70 Type II audit. Statement on Auditing Standards 70 (“SAS 70”) is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants (“AICPA”). It is used to report [...]


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Quiktrak and Portfolio Financial Servicing Company Announce Cross-Marketing Agreement

June 18, 2008

PORTLAND, OR.   Quiktrak, Inc., the leader in field inspection and inventory auditing services, today announced a cross-marketing agreement with Portfolio Financial Servicing Company (“PFSC”), one of the largest independent servicers of asset-backed contracts in the US.  Under the terms of the agreement, Quiktrak and PFSC will jointly market products and provide referrals across a wide range of services and solutions. Cross-marketing efforts between Quiktrak and [...]


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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