Fort Collins-Loveland, CO (1888PressRelease)
October 23, 2009 - Pawnee Leasing Corporation announces the closing of a $57,500,000 multi-year revolving credit facility with JPMorgan Chase Bank, N.A. Gary Souverein, Executive Vice President, stated, "As our industry continues to be closely scrutinized by the credit markets, especially in recent years, we are pleased with the very positive reception afforded Pawnee Leasing within the lending community.
It is a credit to our business model, dedicated employee team and important broker/lessor origination network.”
Ronald Schneider, Northern Regional President, stated, “This facility builds upon the long relationship Bank One has enjoyed with Pawnee Leasing and we’re pleased to be able to continue supporting this highly focused and entrepreneurial firm.”
Pawnee Leasing Corporation, providing lease financing in the lower 48 states since 1982, purchases small-ticket “Start-Up” and "B" Credit transactions exclusively from a national network of brokers/lessors. For more information please contact Gary Souverein, Executive Vice President or Scott Woodring, Vice-President, Marketing at 800-864-4266.
P/memos/gary/042905 JPMorgan press release
Contact:
Gary H. Souverein, Executive Vice President
Pawnee Leasing Corporation
970-482-2556, ext. 222
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