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Ascentium Capital Surpasses $2B in Credit Applications

August 07, 2014, 07:05 AM
Filed Under: Industry News

Ascentium Capital celebrates its three year anniversary and surpasses a key milestone by reaching $2 billion in credit applications since its inception.

“This achievement is a strong example of the far-reaching benefits of our specialized financing,” comments Chief Executive Officer of Ascentium Capital, Tom Depping. “It’s rewarding to see our organization create products and services that drive growth and assist our equipment vendors and clients in meeting critical business initiatives. The company's track record of results is due to its investment in people, processes, and technology.”

Accomplishments over the last three years include receiving Aaa and AAA ratings from Moody’s Investors Service and DBRS, the acquisition of strategic companies, and the opening of sales offices throughout the United States. Ascentium Capital continues to develop a proprietary platform to serve local, regional and national vendor programs and is currently recruiting experienced sales professionals within key markets including healthcare, technology and telecommunications.

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

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