Company News

Portfolio Financial Servicing Company Announces Sponsorship and Participation at IMN/ELFA 13th Annual Investors’ Conference on Equipment Finance

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”), a third party servicer of commercial and consumer leases, loans and annuity-type contracts, has announced that for the seventh consecutive year, it will sponsor and exhibit at the 13th annual Investor’s Conference on Equipment Finance. The conference will take place at the McGraw Hill Building in New York… Read more »

Portfolio Financial Servicing Company Engaged to Service Consumer Installment Loan Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive multi-year agreement with an investment firm to act as primary servicer for a U.S.-based consumer installment loan portfolio. Terms of the servicing agreement remain confidential. The investment firm acquired a secured and performing consumer loan portfolio from a bank… Read more »

Portfolio Financial Servicing Company Engaged to Service Commercial Loan Portfolio

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

Portfolio Financial Servicing Company Announces Successful Completion of its 2013 SOC I Type II 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 2013 SOC 1 Type II (SSAE 16) audit. Also known as a “Type II Service Auditor’s Report” or “Independent Service Auditor’s Report on Description of a Service Organization’s… Read more »

Portfolio Financial Servicing Company Selected As Backup Servicer and Custodian for Commercial Equipment Lease and Loan Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive agreement to act as Backup and Successor Servicer as well as Document Custodian for a commercial equipment lease and loan portfolio under the terms of a new warehouse credit facility. PFSC has provided ongoing services to the originator for… Read more »

Portfolio Financial Servicing Company Selected As Backup and Successor Servicer for Canadian 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 loans sourced to borrowers across Canada. Terms of the Backup and Successor Servicing Agreement remain confidential. Commenting on this new engagement, John Enyart,… Read more »

Portfolio Financial Servicing Company Selected As Backup Servicer for Peer-to-Peer 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 loan portfolio originated in the peer-to-peer lending space. Terms of the Backup and Successor Servicing Agreement remain confidential. Commenting on this new engagement, John Enyart, President of PFSC,… Read more »

Portfolio Financial Servicing Company Engaged to Service Commercial Loan Portfolio

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

Portfolio Financial Servicing Company Appointed Backup and Successor Servicer for Merchant Cash Advance Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has executed a multi-year Backup and Successor Servicing Agreement with a specialty finance company offering merchant cash advance financing to commercial accounts throughout the U.S. Terms of the agreement remain confidential. Commenting on this new engagement, John Enyart, President of PFSC, stated, “The merchant… Read more »

Portfolio Financial Servicing Company Appointed Servicer by Bank-Owned Specialty Finance Company

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive agreement with an originator and purchaser of commercial finance transactions to act as primary servicer for a U.S.-based commercial lease and loan portfolio. Terms of the servicing agreement remain confidential. Commenting on this new engagement, John Enyart, President of… Read more »