Ascentium Capital announced a record quarter in origination volume, reaching $255.7 million, a 14.0% increase quarter over quarter.

“Our people and our finance platform deliver unprecedented flexibility and speed. This enabled us to reach a new milestone during second quarter. Ascentium now averages over $225 million a month in loan applications. We are very pleased with our service levels and our second quarter results,” remarked Tom Depping, chief executive officer at Ascentium Capital.

Ascentium Capital employs more than 110 business development representatives throughout the U.S. and continues to expand. “The demand for our financing programs corresponds to our expanding footprint as we recruit experienced sales representatives to assist in our growth,” commented Richard Baccaro, chief sales and marketing officer.