Sun Life Provides Up to $80MM Facility to Pawnee Leasing

Sun Life Assurance Company of Canada closed a new funding facility with Pawnee Leasing, a subsidiary of the Chesswood Group.

RBC Leads $250MM Facility for Pawnee Leasing

Pawnee Leasing, the largest subsidiary of the Chesswood Group, completed a $250 million warehouse facility led by Royal Bank of Canada.

Capital One Provides $75MM ABL to Chesswood Group

Toronto-based Chesswood Group’s subsidiary Pawnee Leasing closed a new S$75 million non-recourse asset-backed facility with Capital One. This is the company’s first U.S.-based securitization.

RBC-Led Group Provides $50MM to Support Chesswood Growth

The Chesswood Group has exercised the $50 million accordion feature in its existing revolver with a bank syndicate led by Royal Bank of Canada to support the continued growth of its Pawnee Leasing portfolio.

Chesswood Exercises Accordion Feature with RBC-Led Bank Group

Chesswood Group exercised $30 million of the $80 million accordion feature in its existing revolver with a group of banks led by Royal Bank of Canada.

RBC-Led Bank Group Expands Chesswood Facility to $170MM

Chesswood Group expanded and renewed its revolving credit facility with a syndicate of six banks led by the Royal Bank of Canada.

RBC Leads $150MM Chesswood Facility

Chesswood entered into a $150 million revolver with a bank group led by Royal Bank of Canada. BBVA Compass was said to be syndication agent for the group that included Canadian and U.S. financial institutions.

Chesswood Launches Windset Capital to Serve Small Business

Chesswood Group announced that it launched a working capital loan business, Windset Capital, headquartered in Salt Lake City, to provide working capital loans to tenured small businesses throughout the U.S.