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Chesswood Group Ltd CHWWQ

Financial Services Asset Management
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); Waypoint Investment Partners Inc. (Waypoint), Chesswood Capital Management Inc. and Chesswood Capital Management USA Inc. (CCM USA); Rifco National Auto Finance Corporation, and 1000390232 Ontario Inc (Easy Legal). Pawnee, which finances micro and small-ticket commercial equipment for small and medium-sized businesses in the United States through the third-party broker channel. Tandem sources micro and small-ticket commercial equipment originations to small and medium-sized businesses through the equipment vendor channel in the United States.


PINL:CHWWQ - Post by User

Chesswood Group Ltd
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Post by PressReleaseon Aug 06, 2024 7:01am
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Post# 36165478

New Press Release - CHESSWOOD PROVIDES FURTHER UPDATE ON CREDIT FACILITY ACTION PLAN

New Press Release - CHESSWOOD PROVIDES FURTHER UPDATE ON CREDIT FACILITY ACTION PLAN
Lenders Provide Significant Waiver Extension and Set Out Expectations for Next Phase of Action PlanTORONTO, Aug. 6, 2024 /CNW/ - Chesswood Group Limited ("Chesswood" or the "Company") (TSX: CHW) is providing a further update on its plan to remedy its previously announced non-compliance with the...read article.
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