Portfolio Financial Servicing Company Engaged by Middle Market Equipment Lessor to Provide Multi-State Sales, Use and Personal Property Tax Services

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”), a third party servicer of commercial and consumer leases, loans and annuity-type contracts, announced today that it has been engaged by a long-time lessor in the middle market equipment finance space to perform multi-state sales, use and personal property tax return preparation, filing and treasury services. Terms of… Read more »

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Portfolio Financial Servicing Company Announces Successful Completion of its 2011 SSAE 16 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 2011 SSAE (Standards for Attestation Engagements) 16 Type II audit. In April 2010, the American Institute of Certified Public Accountants (“AICPA”) Auditing Standards Board issued Standards for Attestation… Read more »

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Portfolio Financial Servicing Company Selected As Servicer By Privately Held Equipment Lessor

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

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Portfolio Financial Servicing Company Selected As Backup Servicer for Structured Settlement 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 structured settlement ABS facility. PFSC has been a leading provider of primary, backup, and successor servicing for structured settlement, lottery, and annuity contracts. John Enyart, President of PFSC, commented,… Read more »

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

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has been engaged to provide hot backup servicing and, if appointed, successor servicing duties, for a consumer margin loan portfolio. PFSC will be replacing the client’s existing backup servicer and will provide a more robust and comprehensive backup and successor servicing capability. Commenting on… Read more »

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