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Somerset Capital Recognized for Leadership in Forklift Leasing

January 22, 2014, 06:31 AM
Filed Under: Materials Handling

Somerset Capital Group, Ltd. was recently recognized in a report issued by a leading industry publication, as the third largest equipment finance source for lift trucks in the U.S. as measured by number of units on lease.

“After nearly two decades of providing lease financing on material handling equipment we are extremely proud of our achievements yet we know there is much more we can accomplish over time with our level of expertise and dedication to this segment” noted Somerset President and CEO Evan Bokor.  “While Somerset provides leasing solutions on a broad array of assets, forklifts have become the company’s lead asset class over the last fifteen years.  Bokor further commented that, “Our company not only leases forklifts but, through our equipment trading and remarketing division, Somerset Equipment Sales (“SES”), we engage in the buying and selling of used units, supplying of used units for lease or short term rental, and remarketing of material handling assets for a variety of business partners. “ 

George Rieber, Executive Vice President of SES, added “I have spent most of my 23 years building relationships within the material handling industry both buying and selling material handling assets.  What we have built here at Somerset is uniquely special – complete life cycle management under one roof.  We have real time asset knowledge used in evaluating a new lease opportunity coupled with the in-house infrastructure to support our equipment investments when assets are returned.  This combined expertise of Somerset Capital and Somerset Equipment Sales creates stronger relationships with our customers, as well as attract new clients.”

Rieber added “SES actively trades in all aspects of the material handling industry, from forklifts, batteries and attachments to aerials, floor cleaning equipment and Yellow Iron.  While we are constantly building new relationships, our dedication to serve our existing clients with the best possible support has been pivotal in our proven success.”

Headquartered in Milford, CT,  Somerset  was established in 1984 and offers equipment leasing, rental and asset management solutions tailored to the needs of its clients.  Somerset’s staff of dedicated  professionals  handle all aspects of client servicing, emphasizing the personalized approach that has been a hallmark of the companies approach to business throughout its history . The company’s primary operations are in the U..S with additional operations in Canada , England, Singapore and Taiwan.

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