Ascentium Capital Reports 41% Y/Y Increase in Originations in Q2/21

Ascentium Capital reported 41% year-over-year origination growth in Q2/21.

“The company’s continued growth highlights the dedication of Ascentium associates to providing financial solutions focused on our equipment vendors and business clients,” Tom Depping, executive vice president and Ascentium group manager at Ascentium Capital, said.

Ascentium Capital offers equipment financing and business loans to businesses in the U.S. The company also provides finance programs for equipment manufacturers and distributers to help businesses in an array of industries, including the commercial vehicle, energy, franchise, healthcare, industrial and technology industries.

“We have achieved 15% growth quarter over quarter in originations, influenced by our increased operational and sales efficiencies to enhance the delivery of ongoing value to our customers,” David Lyder, senior vice president of sales and marketing at Ascentium Capital, said. “Our tenured national sales force is highly skilled in working with our customers to meet their financing business requirements to assist in growing their business.”

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