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 »

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Portfolio Financial Servicing Company Appointed Subservicer for $730M 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 $730M 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 »

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Bank Group Appoints Portfolio Financial Servicing Company as Successor Servicer for Commercial Transportation Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that, in its capacity as backup servicer for a commercial transportation lease portfolio, the bank lending group has appointed PFSC as the successor servicer of the portfolio. PFSC had operated in a backup servicing capacity since 2011. As defined in the transaction documents, PFSC was appointed… Read more »

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Portfolio Financial Servicing Company Selected As Servicer By Bank-Owned Equipment Finance Company

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has executed a multi-year agreement with bank-owned equipment finance company whereby PFSC will provide comprehensive servicing of the client’s commercial equipment lease and loan portfolio. Terms of the servicing agreement remain confidential. Commenting on this new engagement, John Enyart, President of PFSC, stated, “Our… Read more »

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Portfolio Financial Servicing Company Selected As Backup Servicer for Consumer 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 for an unsecured consumer installment loan portfolio. Commenting on this new engagement, John Enyart, President of PFSC, commented, “Our Client has a seasoned origination team and an effective delivery method that… Read more »

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