Print Page | Sign In | Register
News & Press: Member's Press Releases

Ascentium Capital Surpasses $4.0 Billion in Origination Volume

Wednesday, April 11, 2018   (0 Comments)
Posted by: Ascentium Capital
Share |




Ascentium Capital Surpasses $4.0 Billion in Origination Volume

 

April 11, 2018 - KINGWOOD, TX – Ascentium Capital LLC, the largest private independent finance company in the United States by new business volume, 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,”

comments 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 healthcare, technology, energy, franchise, hospitality, specialty vehicle, waste and construction. Richard Baccaro, Chief Sales and Marketing Officer at Ascentium Capital remarks, “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.”

About Ascentium Capital

As a direct lender, Ascentium Capital LLC specializes in providing a broad range of financing, leasing and small business loans. The company’s offering benefits equipment manufacturers and distributors as well as direct to businesses nationwide. Ascentium Capital is backed by the strength of leading investment firm Warburg Pincus LLC. For more information, please visit AscentiumCapital.com.

 

Media Contact

Monica Bruegl

SVP Marketing

Ascentium Capital LLC

MonicaBruegl@AscentiumCapital.com