Ascentium Capital funded $326.5 million during Q2/18, representing a 28% increase in volume over the same period last year. Since inception, the company has funded $4.3 billion and currently manages $1.9 billion in assets.
“Our recent office opening in Scottsdale, Arizona combined with our increasing market share are a testament to our tactical growth initiatives,” said Tom Depping, CEO at Ascentium Capital. “We look forward to accelerating our momentum and experiencing additional record-breaking months ahead.”
Ascentium Capital’s main sales channels are equipment vendors and direct to small businesses. The company continues to invest heavily in recruitment and sales training, technology and marketing assets to continue building the brand.
“We are very excited about the record we broke this quarter in originations,” said Richard Baccaro, Ascentium Capital’s chief sales and marketing officer. “The value we deliver via our finance programs resonates strongly with equipment providers and businesses across the country.”
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