Company News

Portfolio Financial Servicing Company Engaged to Service Small Business Loan Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive multi-year agreement with an originator of small business loans to act as primary servicer for a nationwide commercial loan portfolio. Terms of the servicing agreement remain confidential. Commenting on this new engagement, John Enyart, President of PFSC, stated, “Our… Read more »

Portfolio Financial Servicing Company Selected As Backup and Successor Servicer for Consumer Installment Loan Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has been engaged to provide backup servicing and, if appointed, successor servicing duties, for a consumer installment loan portfolio comprised of installment loans sourced to borrowers across the U.S. Terms of the Backup and Successor Servicing Agreement remain confidential. Commenting on this new engagement,… Read more »

Portfolio Financial Servicing Company Selected As Servicer By Energy Efficiency Equipment Finance Company

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive agreement with a lessor of equipment for energy efficiency projects to act as Primary Servicer for a U.S.-based commercial equipment finance portfolio. Terms of the servicing agreement remain confidential. Commenting on this new engagement, John Enyart, President of PFSC,… Read more »

Portfolio Financial Servicing Company Selected As Backup Servicer for Commercial Small Business Loan Facility

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 leading small business lender who has obtained a new warehouse credit facility. PFSC has provided backup services to this client since 2010. Terms of the agreement remain confidential. PFSC… Read more »

Portfolio Financial Servicing Company Appointed Subservicer for $600M Asset-Backed Note Securitization

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”), announced today that it has entered into a definitive agreement to act as Subservicer for an approximate $600M asset backed note securitization, comprised of commercial equipment leases and loans. In its capacity as subservicer, PFSC will be responsible for substantially all servicing functions, including invoicing and ACH processing,… Read more »

Portfolio Financial Servicing Company Selected As Backup Servicer and Verification Agent for Structured Settlement Debt Facility

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 debt facility. For over a decade, PFSC has been a leading provider of primary, backup, and successor servicing for structured settlement, lottery, and annuity contracts. John Enyart,… Read more »

Portfolio Financial Servicing Company Appointed Backup Servicer for Merchant Cash Advance Securitization Facility

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 securitized pool of merchant cash advance loans. PFSC has worked with the issuer for the past four years, leading to PFSC’s appointment as Backup Servicer under the issuer’s first… Read more »

Portfolio Financial Servicing Company Appointed Custodian for Commercial Fleet Vehicle Title Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that is has been appointed Custodian and Bailee under the terms of a Vehicle Title Custodial Agreement on behalf of a commercial fleet vehicle rental company. Terms of the Custodial Agreement remain confidential. In accordance with the Custodial Agreement, PFSC will provide its client, and the… Read more »

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

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has been engaged to provide backup servicing and, if appointed, successor servicing duties, for a consumer installment loan portfolio comprised of unsecured loans sourced to borrowers across the U.S. Terms of the Backup and Successor Servicing Agreement remain confidential. Commenting on this new engagement,… Read more »

Portfolio Financial Servicing Company Selected As Backup Servicer for Commercial Equipment Lease Term Securitization

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 commercial equipment lease term securitization. PFSC has provided periodic services to the issuer for almost a decade. PFSC has been a leading provider of primary, backup, and successor servicing… Read more »