ELFA - Equipment Leasing and Finance Association - Equipping Business for Success

Castlelake and Chesswood Group Announce Forward Flow Purchase Agreement for Equipment Loan and Lease Receivables

Posted 03/17/2022
Minneapolis and Toronto – March 16, 2022 – Castlelake L.P. (“Castlelake”), a global alternative investment manager with 17 years of experience investing in asset-rich opportunities, and Chesswood Group Limited (TSX: CHW), a specialty finance company with 40 years of experience in the commercial equipment finance market, today announced an agreement for the forward purchase of diversified equipment loan and lease receivables originated by Chesswood subsidiaries Pawnee Leasing Corporation and Tandem Finance Inc. Read more
Gary Souverein
Pawnee Leasing Corporation
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