Ascentium Capital Blog

The Equipment Financing and Leasing Industry is a $1 trillion-dollar industry, with approximately 60% of leased and purchased equipment in the United States funded by the equipment financing and leasing industry. Over the past few years, there has been significant growth in this financing sector. Uptrends are expected to continue in 2019, though 2018 was considered a banner year with greater advancement than is expected to be seen in 2019. (Read More...)

As 2017 came to an end, one thing was certain: we have tax reform. There were many gives and takes before we had the final bill pass and this left individuals and corporate America scrambling to figure out what the new tax laws mean and what they could do to maximize their tax benefits for 2017 filings. (Read More...)

With year-end approaching, it is a great time to ask yourself: have you maximized spending on business assets to capture significant tax incentives? If not, or you're not alone. (Read More...)

Binson's locations were still using fluorescent lighting. Not only was low fluorescent lighting a challenge for seeing properly and scanning barcodes, but it did not showcase their products very well. In addition, fluorescent lighting did not offer the cost efficiencies of LED technology. With the number of locations, and sizes of the warehouses and retail spaces, making a dramatic change over to LED in a low margin business was looking cost prohibitive – until they found Ascentium Capital. (Read More...)

For landscape architects, designers and related fields such as masons, lawn irrigation companies, and arborists, the Green Industry has officially entered the busy season. Your small to medium sized business (SMB) growth may rely on these large design projects, however, completing within a shorter window of time puts stress on your company. It requires a company to scale its work force, battle weather constraints, and select the right projects for your team and resources. (Read More...)

Thinking about financing to acquire the equipment or technology your business needs? You’re not alone. According to a recent Equipment Leasing and Financing Association (ELFA) study, 78% of businesses used equipment financing. With a 3% growth in investment in equipment and software anticipated through 2017, the need for financing remains strong. (Read More...)

When the deadline for EMV compliance came and went last October, it was probably no surprise that only 40% of U.S. cardholders actually held the new chip-enabled cards in their wallet. The transition to EMV (EuroPay, MasterCard, Visa) with the October 2015 deadline was established several years ago by the U.S. credit card issuing companies in an effort to combat data security issues, as well as close the gap with Europe – the leaders in implementing credit card chip technology. (Read More...)

With 56% growth in new business volume year-over-year, Ascentium Capital has been named the #3 Top Private Independent Finance Company in 2015 by Monitor, a leading equipment finance industry publication. (Read More...)