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Ascentium Capital Announces 47% Growth and 2014 Outlook

January 28, 2014, 06:16 AM
Filed Under: Company Announcements

Ascentium Capital announces a 47% increase in volume in 2013 and strategic initiatives planned for 2014 as it deepens and expands its business partnerships.
As a result of strong business relationships developed with manufacturers and distributors, Ascentium Capital has significant momentum in place for long-term growth. The company has an aggressive business plan for 2014 focused on organic sales growth while maintaining a focus on a healthy portfolio and strong net income.

The company will continue to invest in its proprietary, state-of-the art technology platform that produces a streamlined finance experience. Ascentium Capital will also launch new financial products in 2014 in its quest to continually provide innovative products that meet or exceed market needs. “Year-end results proved to be a year of excellent performance. We’ll seize opportunities as we expand into strategic markets, grow our team of specialized sales professionals and continue to enhance our efficiencies. These efforts also allow us to provide service levels that surpass industry standards,” commented Chief Executive Officer, Tom Depping.

Ascentium Capital, as a direct lender, specializes in providing equipment financing and leasing solutions that drive growth and profit for equipment manufacturers, distributors as well as direct financing to businesses nationwide. The company is backed by the strength of Vulcan Capital, a leading private investment firm and by LKCM Capital Group, LLC.

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