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Ascentium Capital Surpasses $1 Billion in Credit Applications

August 22, 2013, 06:56 AM
Filed Under: Industry News

Ascentium Capital announced the company is celebrating its second year of providing innovative finance solutions and delivering a service-rich offering which has allowed the company to surpass $1 billion in applications since its founding.

Important milestones over the last two years include the acquisition of strategic companies focused in specialized segments, the development of technology tools that benefit the sales process as well as the client experience and the substantial expansion of a specialized sales force. Ascentium Capital has opened sales offices nationally and is planning on doubling its sales force over the next year. With over 130 dedicated employees, the company continues to take the lead in developing custom finance programs that benefit manufacturers, distributors as well as direct financing for business owners nationwide.

In addition to serving the financial needs of small businesses, the company also focuses on improving local communities. This has led to active involvement in fundraising that benefit veterans, families in transition as well as education-based initiatives including a four-year scholarship for public school students.

“I applaud each Ascentium Capital employee. It is amazing to see what can be accomplished when dedicated people work together to fulfill a market need,” comments Chief Executive Officer of Ascentium Capital, Tom Depping. “Looking beyond our second year, the company will continue to aggressively develop and deliver finance solutions that bring true value to the diverse business needs of our customers.”

Ascentium Capital, as a direct lender, specializes in providing equipment financing solutions that drive growth and profit for small businesses.

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