Ascentium Capital announced that DBRS upgraded Ascentium Equipment Receivables 2012-1 LLC Classes B and C to “AAA (sf)”.

Due to the positive performance trends and increased credit support, DBRS recently determined the seasoned transaction sufficient to tolerate stresses at the highest rating level. “We are grateful for the confidence that DBRS places in the Ascentium Capital platform. Record volume in 2014 and projected growth in 2015 will enable us to efficiently access the asset-backed securities (ABS) market going forward as we continue our programmatic issuances,” said Evan Wilkoff, EVP of Capital Markets at Ascentium Capital.

As a direct lender, Ascentium Capital specializes in providing business financing, leasing and loans for equipment manufacturers and distributors as well as direct to businesses nationwide.