Ascentium Capital said it appointed Steve Schachtel as senior vice president, sales.
Schachtel is a 25-year veteran of the equipment leasing industry, and for the past three years served as the president of US Funding. Prior to that, he was the president of Lakeland Bank Leasing Division.
Richard Baccaro, executive vice president of sales and marketing for Ascentium Capital, stated: “Steve Schachtel is an exceptional leader and has the entrepreneurial spirit that Ascentium Capital values. He has tremendous knowledge of the vendor program marketplace and understands how to coach sales people for long term success in this profession.”
Schachtel said: “I have followed and admired the track record and success of the Ascentium Capital Team. Ascentium Capital is an innovative company that provides the sales team with great flexibility and many tools to maximize the customer experience.”
No tags available
The FASB designed the new lease accounting rules to be as neutral as possible to companies’ financial results. It maintained the current risks and rewards framework for classification, separately reporting the operating lease asset and liability, and kept the profit... read more
The Greek philosopher Heraclitus said, “Change is the only constant in life.” Though most of us resist change, we also yearn for it. Which brings us to the topic of today’s lending environment and its frustrating lack of change. When... read more