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Somerset Capital Group

|Nonbank Lender|North America, Europe
$100,000 to $25 Million
Loan Amount
2 Years
Time in Business

Our Somerset Capital Group Review

3.5/ 5.0How we rate

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

Equipment Finance
Asset-based Lending
Line of Credit
Term Loan

Eligibility Requirements

Time in Business
2 Years

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Quick Overview

Loan Amount$100,000 to $25 Million
GeographyNorth America, Europe
DoughRating
Products4

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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