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PRESS
RELEASES
Nassau Asset Management
Moves NY Corporate Headquarters
Collections Expertise Still Centered
in RI
WESTBURY, NY, April 4, 2005—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 the hub of Nassau's comprehensive asset management
services for the equipment leasing and finance industry,"
Castagna explains. "These services include large-scale,
end-of-term fleet liquidations, full plant liquidations,
asset recovery, global remarketing, appraisals, legal services
and our global remarketing Web site, www.nasset.com."
Nassau has been in 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.
Nassau's new corporate headquarters address
is: 400 Post Ave., Suite 300, Westbury, NY, 11590. Its phone
numbers remain the same: 1-800-4NASSAU (1-800-462-7728),
direct dial (516) 484-5959 and fax number (516) 625-1981.
# # #
MEDIA
CONTACTS:
Edward
Castagna
Senior Executive Vice President
Nassau Asset Management
1-800.4.NASSAU, ext. 301
ecast@nasset.com,
cc:carla@crosslink.net
Carla
Young Harrington
SCAPR (For Nassau Asset Management)
540-899-3913
carla@crosslink.net
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