Nassau Asset Management Moves NY Corporate Headquarters

WESTBURY, NY ? Effective today, Nassau Asset Management has relocated its corporate headquarters to Westbury, NY, says Ed Castagna, senior executive vice president of Nassau. The new address is about five miles from the previous Roslyn Heights location, also on New York?s Long Island.

?Our NY headquarters will continue to be Nassau’s asset management hub providing comprehensive services for the equipment leasing and finance industry,? Castagna explains. ?These services include end-of-term fleet liquidations, full plant liquidations, asset recovery, remarketing, appraisals, legal services and our internationally recognized Web site, www.nasset.com.? Nassau has been in the remarketing business for more than 25 years.

?Our Woonsocket, RI, office still serves as the nerve center for Nassau?s accounts receivable services because that?s where our collections talent is located,? Castagna adds. Nassau opened the RI office in 2003 when it expanded collections capabilities significantly.

Nassau combines the strengths of these two offices to provide one-stop outsourcing services to equipment finance companies across the U.S. Castagna says one-stop outsourcing services are in increasing demand because they reduce collections/recovery cycles and improve collectibility. These services include:

• collections prior to charge-off;
• appraisal of leased assets before or after charge-off;
• voluntary and involuntary repossessions;
• full condition reports and appraisals on-site;
• asset location and skip tracing;
• equipment remarketing;
• plant liquidations;
• post charge-off and deficiency balance collections; and
• legal services through nationwide attorney networks.