Portfolio Financial Servicing Company Appointed Custodian for Commercial Lease Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that is has been appointed Custodian and Bailee for a commercial lease portfolio, consisting of approximately 15,000 contracts. Under the Bailment Agreement, PFSC will provide its client, and the client’s capital provider, with comprehensive document custodian services, including document receipt, document review and certification, document tracking… 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 technology lessor to act as Primary Servicer for a U.S.-based commercial technology finance portfolio. Terms of the servicing agreement remain confidential. Commenting on this new engagement, John Enyart, President of PFSC, stated, “The servicing… Read more »

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Portfolio Financial Servicing Company Selected As Backup and Successor Servicer For Commercial Truck 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 commercial transportation portfolio comprised of Class 8 trucks. The portfolio includes a combination of commercial leases and loans. PFSC’s client, a west coast based finance company, continues to expand… 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 entered into a definitive agreement with an originator and purchaser of commercial equipment lease and loan transactions 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,… Read more »

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Portfolio Financial Servicing Company Appointed Subservicer for $700M 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 $700M 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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