Ascentium Capital its eighth small-ticket equipment securitization.

The $236 million securitization of Ascentium Equipment Receivables, Series 2017-2 was rated by Moody’s and Kroll and achieved an Aaa rating for the senior notes.

“Our continued success with securitizations represents Ascentium’s strong underwriting practices complemented by our award-winning technology platform and servicing of contracts,” said Tom Depping, CEO at Ascentium Capital.

Evan Wilkoff, executive vice president of capital markets, said, “Our repeat bond investors keep driving demand for our offerings, validating our 13 years of consistent asset performance. This securitization continues to provide us diversified liquidity to help enable us to meet the increasing demand for our financial products.”