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Chesswood Group Ltd T.CHW

Alternate Symbol(s):  CHWWF

Chesswood Group Limited is a Canada-based holding company. The Company, through its subsidiaries, engages in the business of specialty finance, including equipment finance throughout North America and vehicle finance and legal sector finance in Canada, as well as the origination and management of private credit alternatives for North American investors. Its subsidiaries include Pawnee Leasing Corporation (Pawnee), Tandem Finance Inc. (Tandem), Vault Credit Corporation (Vault Credit), Rifco National Auto Finance Corporation and others. Pawnee, which finances micro and small-ticket commercial equipment for small and medium-sized businesses in the United States through a third-party broker channel. Tandem, which sources micro and small-ticket commercial equipment originations to small and medium-sized businesses through the equipment vendor channel in the United States. Vault Credit provides commercial equipment financing and loans to small and medium-sized businesses across Canada.


TSX:CHW - Post by User

Post by shawshank2on Jun 30, 2020 8:47pm
213 Views
Post# 31210791

needed change

needed changeSo far high 3s seems to hold support so hopefully it stays that way. Good to see a shake up in management and board. SONSHINE is a real go getter I didnt realize he was such a big holder must have missed that in sedi. Ryan Marr seems talented as well and as a major sharehold will do everything to make the companies shares increase in value. 

There is alot of talk about finding alternative funding sources with all the cheap debt available hopefully they are able to find less restrictive debt to allow more flixibility. This could also pose a good turnaround story as it sounds like they are looking for new alternatives. time will tell glta
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