Ascentium Capital Reports 26.2% Y/Y Increase in Financed Volume in Q1/22



Ascentium Capital reported $392.5 million in financed volume in Q1/22, exceeding its Q1/21 volume by $81.4 million or 26.2%.

“We saw a fairly equal distribution of funding activity across the various markets we serve,” David Lyder, senior vice president of sales and marketing for Ascentium Capital, said. “Demand for financing remains strong in all industries as customers look for ways to maximize liquidity, manage expenses and hedge against inflation. Our approach to service helps differentiate Ascentium Capital, as we work one-on-one with clients to help them build on their success.”

“Particularly over the last two years, businesses have shown they are ready to adapt, innovate and meet the needs of their clients, and while we are mindful of continued uncertainty, such as lingering impacts from the pandemic, we are also seeing optimism, strength and resilience among our clients,” Thomas Depping, executive vice president and group manager at Ascentium Capital, said. “Quarter-over-quarter originations growth remains strong along with our other KPIs. Ascentium’s customer-first focus, passion for delivering fast, flexible financing, and consultative approach all resonate with our customers, keeping them coming back to us to meet their financing and lending needs.”


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