Ascentium Capital Achieves 34.3% Y/Y Increase in Financed Volume in Q2/22



Ascentium Capital achieved $480.8 million in financed volume and experienced a company record number of applications and approvals in Q2/22, exceeding Q2/21 volume by $122.9 million or 34.3%.

“Demand for financing continues to be strong across the markets we serve,” David Lyder, senior vice president of sales and marketing at Ascentium Capital, said. “Bolstered by competitive products, streamlined operations and strong relationships, Ascentium Capital continues to elevate our customers’ potential. Small and mid-sized businesses are finding ways to adapt and thrive in any situation.”

“I’m proud of the hard work and client focus that our Ascentium Capital associates exhibit day in and day out,” Thomas Depping, executive vice president and group manager of Ascentium Capital, said. “Consistently hitting our targets in not only origination volume, but also portfolio performance, is a testament to the dedication of this team. The passion that our folks have for helping our clients succeed is one of our greatest strengths.”

 


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