Your Private Money Lending Partner

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Your Ideal Lender

Somerset Financial Group, Inc. is a specialty finance company, specializing in direct hard money and bridge loans. With offices in Great Neck Long Island, West Palm Beach and Boca Raton Florida, SFG has been a family owned business for over 40 years. SFG prides themselves on being very flexible, easy to work with, and having the ability to accommodate quick close transactions.

SFG provides financing solutions for borrowers when traditional lenders are not an option. In most cases a borrower will seek SFG’s services when they are in need of quick closings, are dealing with foreclosure bankruptcy, buy-outs, or do not meet the income/credit requirements of a traditional lender.



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Why Somerset Financial Group Inc.?

Discover the difference of working with a private lending group like SFG
 
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Family Business

Sick of dealing with representatives that can’t make the final decision by themselves? Family owned-and-operated, you will talk to the principals that make the decisions for the company. We’ll tell you if the deal makes sense.

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Our Own Cash

SFG is not backed by hedge funds, private equity firms, or Wall Street. The money is ours, in our accounts, ready to be deployed immediately.

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Speed

With SFG, there are no "board approval" hurdles to jump. If the loan meets our criteria, SFG can issue a commitment within 48 hrs. and close within 2 weeks if all goes well. Not only does SFG move swiftly, but we think outside the box when it comes to deal structure, such as cross-collateralization, accepting co-guarantors, lease buy-backs, etc. If there is a will, we will find the way!

 

LOAN PROGRAMS

Hard Money Loans for acquisitions, refinancing, working capital, rehab/development & more. SFG can tailor deals for specific needs. Servicing New York, New Jersey, Connecticut and Florida, SFG is close enough to tour properties personally and shake hands with the individuals they are servicing.
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BROKERS & AFFILIATES

SFG has worked with hundreds of mortgage brokers, loan originators and real estate professionals over the years. SFG prides themselves in establishing long term relationships for repeat business with those who can consistently bring real deals to the table.
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INVESTING

SFG has built a strong business over the years using solely their own money. But with increased demand, creates more opportunities, which allows SFG to bring in investors to participate in its loan deals, where investors can receive stable and very attractive returns.
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Testimonials

“As an attorney practicing for over 26 years, I have come across many lenders and Somerset Financial Group, Inc. stands out ahead of the crowd. I have been working with Somerset Financial Group for approximately twenty (20) years and have recommended their services to many of my clients, all of who have been satisfied. The team at Somerset is second to none and it is always a pleasure doing business with them.”

– Jonathan Bloom, Esq. (Bloom & Freeling Attorneys at Law)

“I’ve known the people at Somerset Financial Group for at least 10 years, after being introduced by a common friend and attorney. Little I knew then that the introduction would lead me to work with one of my best business partners, a group of serious and dedicated professionals that have only one focus in mind, which is to strive for the best experience for their clients and partners, while enhancing the communities they interact with. I’m glad to have been associated with them all this time and know that anyone reading these lines will have the same great experience I’ve had.”

– Federico Rochwerger, PA, CCIM (Real Estate Broker, Keyes Commercial)

“Truen &Michaels Associates have been working very closely with Somerset Financial Group, Inc. for over 30 years, by way of brokering, originating and participating in hard money loans in the New York Metropolitan area. Somerset’s principals, who give their personal touch on each deal we have done with them, are the reason why we grew to have such a close and long lasting relationship with them. Part of the reason why our firm has grown to be as successful as it is, is due to the tight relationship we have maintained with Somerset Financial Group.”

– Craig Truen & John Michaels (Broker/Lender, Truen & Michaels Associates)

"Somerset Financial Group, Inc. have been great! Cant say enough about their service. They are true professionals from the very first contact. I've done business with them now for more than 4 years and couldn’t be happier. They are fair, quick, reliable, and when they make a commitment they fund in short order. I would recommend them to anyone and everyone!!"

– Gil P. (Borrower, Parkland FL)