In an order entered in a class action case filed by doctors alleging Ascentium Capital was involved in a Ponzi scheme, the court said the plaintiffs’ allegations were “woefully deficient” for failing to state claims for relief upon which relief can be granted against Ascentium. read more

APR 21, 2017 - 8:26 am

Kroll Bond Rating Agency assigned preliminary ratings to six note classes of Ascentium Equipment Receivables 2017-1 Trust. read more

APR 21, 2017 - 8:09 am

Several parties are seeking relief from any legal liability for obligations relating to a Ponzi scheme allegedly perpetrated by America’s MHT, Scott Postle, Ascentium Capital and Cliff McKenzie. read more

APR 12, 2017 - 10:46 am

Ascentium Capital reported Q1/17 funded volume of $225.1 million, representing 25.5% growth year-over-year. The company also managed $1.6 billion in assets, representing a 37.7% increase year-over-year. read more

APR 11, 2017 - 7:58 am

As confidence in the equipment finance industry reaches new heights to start 2017, funding sources face a number of challenges as well as opportunities. Paul Menzel of Financial Pacific Leasing, Bob Fisher of Ascentium Capital and Brian Griffin of MB Financial Bank discuss ways to remain competitive, how the new presidential administration will impact business and how liquidity and credit quality have fared.... read more

March/April 2017

Ascentium Capital ranked as the largest private independent finance company by annual funded new business volume in 2016, according to Monitor’s Top Private Independents Rankings. read more

APR 6, 2017 - 6:43 am

In a Monitor Q&A, leaders from the top five private independent equipment finance companies discuss the challenges and opportunities they encountered in 2016, their strategies for staying competitive and their outlook for the year ahead.... read more

March/April 2017

The Alta Group’s Bruce Kropschot and James Jackson provide an update on M&A activity in the equipment finance industry and an outlook for 2017. They offer strategies for sellers and buyers to move a transaction from a letter of intent to a successful closing.... read more

March/April 2017

Kroll assigned ratings to three note classes of Securitized Equipment Receivables Trust 2017-1, supported by the residual certificates from the Ascentium Capital Equipment Receivables 2015-2 Trust transaction. read more

MAR 17, 2017 - 7:19 am

Ascentium Capital was announced as a finalist in the Top Small Business Lending Platform category by LendIt, the world’s largest show in lending and fintech. read more

JAN 20, 2017 - 7:13 am

In 2016, Ascentium Capital reported $898.5 million in funded volume, representing a 28% increase compared to 2015. read more

JAN 11, 2017 - 6:43 am

As it celebrates five successful years in business, Ascentium Capital now has additional growth capital available thanks to a recent announcement that private equity firm Warburg Pincus will acquire the company. The investment will allow Ascentium to continue to focus on what it does best: making the financing process easy for small businesses.... read more

November/December 2016

Ascentium Capital issued a $271 million small-ticket equipment securitization of Ascentium Equipment Receivables LLC, Series 2016-2. read more

NOV 1, 2016 - 6:51 am

Fitch Ratings expects to assign ratings and outlooks to the Ascentium Equipment Receivables 2016-2 Trust notes. read more

OCT 14, 2016 - 7:30 am

In Q3/16, Ascentium Capital obtained a 30% increase in originations over the same period last year. read more

OCT 13, 2016 - 6:59 am