Portfolio Financial Servicing Company Selected As Primary Servicer for $300M Equipment Finance Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”), announced today that it has entered into a definitive agreement with a 2009 Monitor 100 Equipment Finance Company to act as Primary Servicer for an approximate $300M commercial equipment finance portfolio. Terms of the servicing agreement remain confidential. In its capacity as primary servicer, PFSC will be responsible… Read more »

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Portfolio Financial Servicing Company Announces Sponsorship and Participation at IMN/ELFA 9th Annual Investors’ Conference on Equipment Finance in March 2010

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 third consecutive year, it will sponsor and attend the 9th annual Investor’s Conference on Equipment Finance. The conference will take place at the McGraw Hill Building in New York City… Read more »

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Portfolio Financial Servicing Company Announces Successful Completion of its 2009 SAS 70 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 2009 SAS (Statement on Auditing Standards) 70 Type II audit. Statement on Auditing Standards 70 (“SAS 70”) is an internationally recognized auditing standard developed by the American Institute… Read more »

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Portfolio Financial Servicing Company Selected As Primary Servicer for Commercial Equipment Lease Portfolio

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 transactions to act as Primary Servicer for a U.S.-based commercial equipment finance portfolio. Terms of the servicing agreement remain confidential. In its capacity as Primary Servicer, PFSC will be… Read more »

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Portfolio Financial Servicing Company Selected by Two Northwest Banks as Successor Servicer for Commercial Auto Lease Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive agreement with two regional banks located in the Northwest to service and administer the wind down of a commercial auto lease portfolio. Terms of the servicing agreement remain confidential. In its capacity as Successor Servicer, PFSC will be responsible… Read more »

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