July 10, 2017
Ascentium Capital LLC, a leader in small business financing, announced a record quarter in origination volume, reaching $255.7 million. This represents a 14.0% increase quarter-over-quarter.
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May 16, 2017
Ascentium Capital LLC, the top private independent finance company in the United States by new business volume, announced surpassing $3 billion in origination volume since the Company’s inception in August 2011.
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May 03, 2017
Ascentium Capital LLC issued a $237 million small ticket equipment securitization. Ascentium Equipment Receivables 2017-1 Trust featured a senior-subordinated structure with “Aaa” ratings from Moody’s and Kroll.
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April 26, 2017
Ascentium Capital LLC, a national commercial lender, announced receiving the FinTech Breakthrough Award for the Best Business Lending Platform. The mission of the FinTech Breakthrough Awards is to honor excellence and recognize the success of FinTech companies, technologies and products that disrupt and innovate the financial services industry.
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April 10, 2017
Ascentium Capital LLC, a national commercial lender, announced first quarter funded volume reached $225.1 million representing 25.5% growth and manages $1.6 billion in assets, representing a 37.7% increase year over year in the first quarter 2017.
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April 05, 2017
Ascentium Capital LLC, a national commercial lender, was announced as the largest private independent finance company in annual funded new business volume by the Monitor, a publication serving the equipment finance industry. Ascentium Capital rose from third place to first in the rankings during 2016, with year-end funded volume reaching $898.5 million.
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January 20, 2017
Ascentium Capital LLC, a national commercial lender, was just announced as a finalist in the Top Small Business Lending Platform category by LendIt, the world’s largest show in lending and FinTech. Finalists included companies that demonstrate a combination of loan performance, volume, growth, product diversity and responsiveness to stakeholders.
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January 10, 2017
Ascentium Capital LLC today reported $898.5MM in funded volume, representing a 28% increase over last year.
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October 31, 2016
Ascentium Capital issued a $271 million small ticket equipment securitization of Ascentium Equipment Receivables LLC, Series 2016‐2.
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October 12, 2016
Ascentium Capital, a national commercial lender providing comprehensive finance solutions announced strong growth in volume during third quarter 2016. The company obtained a 30% increase in originations over the same period last year.
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October 04, 2016
Warburg Pincus, a global private equity firm focused on growth investing, today announced that funds affiliated with the firm have agreed to acquire Ascentium Capital, the third largest private-independent equipment finance company in the U.S. by origination volume, with assets over $1.1 billion. Tom Depping, CEO of Ascentium Capital, has agreed to roll over his entire equity ownership stake in the business and continue to lead the Company.
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August 04, 2016
Ascentium Capital was founded on the foresight to develop a technologically progressive finance company that serves businesses by providing affordable access to capital, quickly and efficiently. During the first five years, Ascentium Capital has provided over $2 billion in financing nationwide.
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July 06, 2016
Ascentium Capital, a national commercial lender providing comprehensive finance solutions, announces funding $225.4 million during 2Q16 which includes a record month in June with origination volume representing 30% growth over the same period last year.
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May 09, 2016
Ascentium Capital, a leading small business lender and equipment finance company, announced the company reached $1 billion in assets under its management.
“Ascentium’s healthy growth to $1 billion dollars in assets is a sign that our range of products allow us to serve a diverse client base which also positively impacts our portfolio stability. This enabled our bond offering to be well received by the market as we executed our fifth securitization,”
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April 20, 2016
Ascentium Capital, a leading commercial lender, announced that it surpassed $2 billion in funded volume since its inception on August 4, 2011.
“Less than five years ago, we created a new type of independent financing company to meet the changing needs of small businesses. We’ve had success creating a brand that represents fast and flexible financing and our continued success will be driven by our processes, people and proprietary finance platform,”
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April 05, 2016
Ascentium Capital, a national commercial lender providing comprehensive finance solutions, announces a 28% increase in volume over the same period last year with assets near $980 million, representing a 32% increase.
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March 21, 2016
Ascentium Capital, a national commercial lender providing comprehensive finance solutions, announced that DBRS upgraded and affirmed certain small-ticket equipment lease backed securities issued from Ascentium Equipment Receivables 2015-1 LLC.
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March 08, 2016
Ascentium Capital, a national commercial lender providing comprehensive finance solutions, announced that it is now offering a specialized financing program to Independent Sales Organizations (ISOs) and to their clients, retail merchants.
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February 25, 2016
Moody's Investors Service upgraded and affirmed certain small-ticket equipment lease backed securities issued from Ascentium Equipment Receivables 2014-1 and 2015-1 LLC.
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January 11, 2016
Ascentium Capital announced significant growth as the company achieved a 44% increase on total assets and a 56% increase in funded volume year over year.
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October 06, 2015
Ascentium Capital, a leading national commercial lender, announced that it surpassed $1.5 billion in funded volume since its inception on August 4, 2011. Third quarter also resulted in strong financial performance with a funded volume increase of 48 percent over the same period last year.
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July 14, 2015
Ascentium Capital, a leader in providing commercial financing across the United States, announced strong financial results for the quarter ended June 30, 2015, with a record funded volume increase of 51% over the same period last year.
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July 07, 2015
Ascentium Capital, a leader in providing equipment financing across the United States, announces its support of Wayne Fueling Systems (“Wayne”), a global provider of fuel dispensing, payment, automation, and control technologies for retail and commercial fuel stations, through its customized finance program.
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April 23, 2015
Ascentium Capital, a leader in providing commercial financing across the United States, announced strong growth during first quarter 2015. The company obtained a 77.3% increase in volume over the same period last year and with assets near $743 million, a 69.3% increase was achieved.
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March 09, 2015
Ascentium Capital issued a $330 million small ticket equipment securitization of Ascentium Equipment Receivables LLC, Series 2015‐1. This represents the company’s third securitization since 2012. The underwriters on this transaction were Credit Suisse, Bank of America Merrill Lynch, and JP Morgan.
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February 18, 2015
Ascentium Capital, a national commercial lender providing comprehensive finance solutions, announced that Moody's Investors Service upgraded the subordinate bonds of Ascentium Equipment Receivables 2014-1 LLC.
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January 19, 2015
Ascentium Capital, a national commercial lender providing comprehensive finance solutions, announced that DBRS upgraded Ascentium Equipment Receivables 2012-1 LLC Classes B and C to “AAA (sf)”.
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January 08, 2015
Ascentium Capital, a national commercial lender providing comprehensive finance solutions, announces significant growth as the company funded $440,000,000 in transactions during 2014, representing a 57% increase over last year.
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November 03, 2014
Ascentium Capital, a leading commercial lender, announced that it surpassed $1 billion in funded volume since its inception on August 4, 2011.
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October 16, 2014
The company continues efforts to strategically grow its business and expand its national presence. The newly built office will have space for more than 20 sales professionals. This sales office will specialize in delivering Ascentium Capital’s flexible lease and working capital loan products directly to small and medium sized businesses across the United States.
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August 06, 2014
Ascentium Capital, a leading national commercial lender, celebrates its three year anniversary and surpasses a key milestone by reaching $2 billion in credit applications since its inception.
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July 01, 2014
Ascentium Capital, a leader in custom financing programs nationwide, announced record gains during second quarter 2014. Over the same period last year, the company obtained 57% growth in financing volume. Additionally, Ascentium Capital’s new business volume has the company ranked higher, in position 62 up from 70, on the Monitor 100 list which classifies the largest equipment leasing and financing companies in the United States.
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April 03, 2014
Ascentium Capital, a leader in providing financing programs across the United States, announced strong growth during first quarter 2014. The company obtained a 35% increase in volume over the same period last year and with assets near $500 million, a 57% increase was also achieved.
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April 03, 2014
Ascentium Capital, a leader in providing financing programs across the United States, announced strong growth during first quarter 2014. The company obtained a 35% increase in volume over the same period last year and with assets near $500 million, a 57% increase was also achieved.
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March 03, 2014
Moody’s Investors Service and DBRS issued the highest possible ratings, Aaa and AAA respectively, on Ascentium Capital’s senior class of notes in their second securitization which closed today. The underwriters of the transaction were Bank of America, Credit Suisse and JP Morgan Chase Bank.
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February 24, 2014
In response to client demand and growth opportunities, Ascentium Capital announces the opening of a second sales office in California.
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January 24, 2014
Ascentium Capital announces a 47% increase in volume in 2013 and strategic initiatives planned for 2014 as it deepens and expands its business partnerships.
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August 21, 2013
Ascentium Capital celebrates its second year of providing innovative finance solutions and delivering a service-rich offering which has allowed the company to surpass $1 billion in applications since its founding.
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August 06, 2013
To support the company's growth strategy, Ascentium Capital LLC announced today the addition of another financial firm, JP Morgan Chase Bank, to its existing lender group which also includes Bank of America, Credit Suisse and Bank of Montreal/Harris Bank. These strategic, multi-year credit facilities will help drive short and long-term growth initiatives.
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January 09, 2013
Ascentium Capital LLC sales volume for the fourth quarter in 2012 increased 323% versus volume in fourth quarter of 2011.
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November 28, 2012
Ascentium Capital LLC announced today that it closed its first securitization of equipment finance contracts, Ascentium Equipment Receivables (ACER) 2012-1, on November 27, 2012. This is the first term securitization for the company and comes just 15 months after being capitalized in August 2012.
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November 06, 2012
Ascentium Capital LLC announces that it added both Bank of America and Credit Suisse to its existing lender group which currently includes UBS and Bank of Montreal/Harris Bank.
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July 11, 2012
Ascentium Capital, a national independent leasing company specializing in small to medium sized business lending, has been recognized by Monitor Magazine, the leading publication in the equipment and finance industry, as one of the top 100 equipment financing and leasing companies in the United States.
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October 18, 2011
Ascentium Capital LLC announced the merger of American Equipment Finance and the appointment of Richard A. Baccaro as Executive Vice President of Sales and Marketing. Baccaro will be responsible for managing the sales operations of Ascentium Capital. As Senior Vice President of Sales, Len Baccaro will be responsible for direct originations in the Petroleum, Convenience Store, Car Wash and Franchise Industries.
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September 16, 2011
Ascentium Capital launches new indirect partner program with the appointment of Bob Fisher as SVP-Business Development. He is responsible for all of the sales and operations of the indirect platform.
Fisher has a 30-year background in credit, sales and management in the equipment financing industry.
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August 15, 2011
Microsoft founder, Paul Allen’s investment in Ascentium Capital is the subject of an August 15th article in Forbes Magazine. Download an eprint of the article.
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August 10, 2011
Vulcan Capital and LKCM Capital Group launch new lender to small businesses, Ascentium Capital.
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