Nassau Asset Management Announces New Office for Collections Division

Move to New Space Reflects Growing Level of Collections Activity

WESTBURY, N.Y., Feb. 3 /PRNewswire/ — Nassau Asset Management, a leading provider of full-service asset management to the equipment finance industry for more than 25 years, announced today that it has moved its Collections Division to a new facility. The new office is located at 100 Stonewall Boulevard, Suite 105A, Wrentham, MA, 02093.

The move to a larger space reflects the growing level of collections activity within Nassau’s overall equipment asset management operation, and the company’s commitment to meeting its customers’ needs in all phases of equipment leasing.

“This move emphasizes Nassau’s commitment to the collections sector of the industry, as well as our determination to be a true, full-service company,” said Ed Castagna, president of Nassau Asset Management. “By being proficient in all phases of asset management, including collections, Nassau is able to work seamlessly with our clients to achieve their goals in a timely fashion, which is especially important in these challenging times.”

“Nassau’s experience and reputation within the leasing and specialty finance industry is complemented by a diverse range of turnkey collection programs,” said Dan Potts, vice president of receivables management. “Our mission remains focused on providing an efficient collection process that is transparent to our clients, resulting in cost effective recovery solutions and exceptional results. Our new office will allow for resource growth, and enable us to build upon our successful operational design.”

The phone number for the collections office remains 508-384-1500.

ABOUT NASSAU

Nassau Asset Management of Westbury, NY, has been providing full-service asset management, including asset recovery, collections, remarketing, plant liquidations, and appraisals for more than 25 years to the equipment finance industry. For more information, please visit www.nasset.com or call 1-800-4.NASSAU.

SOURCE Nassau Asset Management