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BreadRoute Review
Somerset Capital Group
Our Somerset Capital Group Review
Somerset Capital Group is a Milford, CT-based nonbank lender with more than 35 years of operating history in commercial equipment finance. It serves mid-sized and large companies across the Americas, Asia, and Europe, structuring deals from under $100,000 to $25 million or more. Rather than leaning on traditional credit scoring, Somerset takes an asset-driven approach — making it a practical option for established businesses with significant equipment needs that don't fit conventional bank criteria. A minimum of two years in business is required; no stated credit score or revenue minimums apply. Products include equipment finance, equipment leasing, asset-based lending, term loans, and lines of credit.
Who Is Somerset Capital Group Best For?
Based on eligibility requirements and available products.
- Businesses where credit score is not a primary factor
- Businesses that need equipment or machinery financing
- Businesses with commercial real estate financing needs
- Businesses that need flexible, revolving access to capital
Financing Options
Eligibility Requirements
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Quick Overview
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Somerset Capital Group Pros & Cons
Pros
- No minimum credit score requirement
- High loan amounts available
- Wide range of financing products
Cons
- Requires 2 Years in business
- Limited to North America, Europe
Frequently Asked Questions
Somerset Capital Group offers financing in the range of $100,000 to $25 Million.
Somerset Capital Group does not apply a strict minimum credit score requirement, making it accessible to a wider range of businesses.
Somerset Capital Group offers the following financing products: Equipment Finance, Asset-based Lending, Line of Credit, Term Loan.
Somerset Capital Group requires a minimum of 2 Years in business. Newer businesses may want to explore alternative lenders with lower seasoning requirements.
Somerset Capital Group currently serves businesses in North America, Europe.
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