Ascentium Capital LLC announced surpassing $4 billion in origination volume since the company’s founding in August 2011.
“Our award-winning finance platform, elevated levels of efficiencies and our personalized service continue to drive demand for our financial products. We look forward with great confidence,” said Tom Depping, Chief Executive Officer at Ascentium Capital.
The company has provided financing to over 60,000 businesses since its inception. Initiatives during 2018 will focus on sales and marketing efforts in key industries including, but not limited to, health care, technology, energy, franchise, hospitality, specialty vehicle, waste and construction.
“We invest for the long term as we continue on the path to success. We are proud to support businesses and our vendor partners who serve their needs. Our growth initiatives continue with on-going recruitment across the U.S. as we plan to hire 50 additional sales professionals during the next 12 months,” said Richard Baccaro, Chief Sales and Marketing Officer.
The Texas-based company is the largest private independent finance company in the United States by new business volume, officials said.