Steve R. Norris

Mr. Norris oversees all phases of the Technology Sales division for Somerset Capital Group. This division markets and sells high-tech assets that have been returned from the Somerset Capital Group lease portfolio. The division also buys and sells equipment that is bought from other leasing companies, end users, and third party brokers.

In addition to leading the sales and marketing efforts, he manages all the refurbishing, auditing, rebuilding, and reconfiguring of the high-tech assets. Mr. Norris is also involved with establishing commission structures and operational policies, as well as projecting profit results and future growth. He regularly consults with Somerset Capital Group on residual investments and future product lines that the company should look to invest in.

From his entire career, Mr. Steven Norris had been exclusively employed in the high-tech leasing field. He began in 1983 with Computer Resale Associates (CRA) in their accounting/operations department. There he held positions in accounting, data processing, and debt financing and contract administration. In 1986 he orchestrated a management buyout of CRA and became Senior Vice President of Marketing. His primary roles were to develop a lease origination sales force, develop a buy/sell sales team, and remarket the operations. He also originated lease transactions and created an indirect lease team.

In 1996 the company was sold to Newcourt Credit Group and Mr. Norris remained to run the day-to-day operations. Newcourt later sold its operations to CIT Group, which in turn was sold it to Macquarie Equipment Finance. He maintained continual employment with CIT and Macquarie generating direct and indirect leasing sales until joining Somerset.

Mr. Norris graduated from Northern Arizona University, earning a Bachelor’s in Accountancy with a minor in Information Technology.