Ascentium Capital announced a 47% increase in volume in 2013 and strategic initiatives planned for 2014 as it deepens and expands its business partnerships.

As a result of strong business relationships developed with manufacturers and distributors, Ascentium Capital said it has significant momentum in place for long-term growth. The company has an aggressive business plan for 2014 focused on organic sales growth while maintaining a focus on a healthy portfolio and strong net income.

The company said it will continue to invest in its proprietary, state-of-the art technology platform that produces a streamlined finance experience. Ascentium Capital will also launch new financial products in 2014 in its quest to continually provide innovative products that meet or exceed market needs.

“Year-end results proved to be a year of excellent performance. We’ll seize opportunities as we expand into strategic markets, grow our team of specialized sales professionals and continue to enhance our efficiencies. These efforts also allow us to provide service levels that surpass industry standards,” commented chief executive officer, Tom Depping.