Company News

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

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… Read more »

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

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… Read more »

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

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… Read more »

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

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… Read more »

Quiktrak and Portfolio Financial Servicing Company Announce Cross-Marketing Agreement

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… Read more »