Ascentium Capital said its sales volume for Q4/12 increased 323% versus volume in Q4/11.

“Our business continues to build momentum as we increase brand awareness and take market-share in the small and mid-ticket marketplace. Ascentium Capital’s growth and success is about our people and our process; and there is no better place in America to work as a sales person than at Ascentium Capital,” noted Richard Baccaro, EVP of Sales & Marketing.

He added, “We’ve hired twelve new sales associates in Q4 alone and are now laying the groundwork for Ascentium University where we will recruit, train and educate our own business development professionals in addition to hiring experienced sales people. With our current headcount at over 40 sales employees, we are looking to double the size of our sale force in 2013. Vendor customers are demanding that their finance partner be a direct lender, with national coverage as well as having a well-trained and educated sales force. We anticipate that 2013 will be another great year for Ascentium Capital and our people.”

As a direct lender, Ascentium Capital provides manufacturers, dealers and distributors with equipment financing and leasing options for its business customers located nationwide.