New York, NY, July 17, 2018 – GSG Financial, one of the nation’s leading captive equipment finance companies, announced that it has launched a new business unit focused on providing material handling asset management and remarketing services. The new business unit, called GSG Asset Management and Remarketing (“GSG AMR”), is already supporting equipment finance companies to help them regain control of the asset lifecycle on their material handling portfolio.
“Our AMR business was born out of necessity to maximize the value our own portfolio of forklifts and other material handling equipment,” said Andrew Bender, president of GSG Financial. “As an equipment finance company since 2003, we’ve learned that to best manage our assets, we need incredible access to data, strong market knowledge and superior remarketing capabilities. Now we are making these best practices and processes, fully ingrained in our own team’s DNA, available to third-party asset owners.”
GSG AMR core services include buying and selling previously owned material handling equipment. GSG AMR also supports third parties with front-end residual analysis support, asset management training and education, safety training, logistics, inspections, appraisals and valuations. The technical team will continue to provide repair and refurbishing services on forklifts and other industrial equipment.
GSG AMR provides a full-service approach to asset management for third party lessors. From front-end residual support all the way through asset removal and remarketing, the GSG AMR turnkey solution helps equipment finance companies focus on their expertise – equipment finance. Each service can be a standalone product or can be acquired as part a comprehensive solution.
GSG Financial is a captive equipment lessor and financial solutions provider based in New York City. GSG Asset Management and Remarketing provides logistics and remarketing services for material handling equipment for third party lessors. GSG Financial partners with organizations to facilitate capital acquisitions through personalized service and customized financial products. The company’s core offerings consist of operating leases, capital leases and equipment finance agreements structured to meet the unique needs of each client. GSG’s primary industries include diversified industrial, copy and print, converged technology and energy. GSG leverages relationships to effectively connect vendors, end users and financial institutions with flexible financial packages. The signature single point of contact approach connects clients with the same experienced account executive from the beginning of the credit process to the time the equipment lease or loan is finalized.
For more information on GSG Financial, visit www.gsgfinancial.com or call 212-602-1183.