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Ascentium Capital Adds Director for Franchise & Hospitality Divisions

December 23, 2015, 07:14 AM

Ascentium Capital announced that Angela Anderson has joined the company to develop their growing regional and national franchise divisions. Anderson comes with a wealth of experience within the industry, having spent 18 years in business financing.

As the Director of Franchise and Hospitality, Anderson will be responsible for the business development efforts within the company’s franchise segments. She will also be driving enhancements to the organization’s sales and service offerings to this niche.

Richard Baccaro, Chief Sales and Marketing Officer at Ascentium Capital states, “Our technology innovations within our finance platform and the increasing demand from our customers led us to look for a key addition to our team. Not only will Anderson bring a tighter focus on franchisor and franchisee relationships, but will also be a great mentor for our specialized sales team.

Ascentium Capital has experienced substantial growth since its inception in 2011. 2015 represents another record year with the franchise division being a key contributor. The company will continue to invest in this niche through industry involvement, franchisor events, and the addition of tenured franchise sales personnel.

Anderson comments, "I am thrilled to be part of Ascentium Capital and to work with the tenured sales executives at Ascentium. I look forward to procuring successful long-term relationships and playing a key role in implementing high quality solutions for our clients.”

As a direct lender, Ascentium Capital specializes in providing business financing, leasing, and loans for equipment manufacturer and distributor programs, national and regional franchisors, as well as direct to businesses nationwide. The company is backed by the strength of leading investment firms Vulcan Capital and LKCM Capital Group, LLC.

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