Tom Depping Related Content

Ascentium Capital Completes Seventh Securitization

Ascentium Capital issued a $237 million small-ticket equipment securitization, its seventh since 2012. read more

Ascentium Named Best Business Lending Platform by FinTech Breakthrough

Ascentium Capital received the FinTech Breakthrough Award for the Best Business Lending Platform. read more

Ascentium Capital Reports 25.5% Y/Y Increase in Funded Volume in Q1/17

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

Ascentium Ranked No. 1 Private Independent Equipment Finance Company

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

Ascentium Capital Reports 28% Y/Y Funded Volume Growth in 2016

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

Just Getting Started: Ascentium Capital’s Private Equity Boost

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

Ascentium Capital Reports 30% Rise in Originations in Q3/16

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

Private Equity Firm to Acquire Ascentium Capital

Funds affiliated with private equity firm Warburg Pincus have agreed to acquire Ascentium Capital. read more

Ascentium Capital Celebrates Fifth Anniversary

Ascentium Capital is celebrating its five-year anniversary this month. During its first five years, the company has provided more than $2 billion in financing nationwide. read more

Ascentium Reports Strong Q2/16 Growth, Record June

Ascentium Capital funded $225.4 million during Q2/16 which included a record month in June with origination volume representing 30% growth over the same period last year. read more

Ascentium Capital Surpasses $2B in Funded Volume

Ascentium Capital has surpassed $2 billion in funded volume since its inception on August 4, 2011. read more

Ascentium Capital Reports 28% Q1/16 Volume Growth

Ascentium Capital reported a 28% Q1/16 increase in volume compared to the same period last year. Additionally, assets for the company are around $980 million, representing a 32% year-over-year increase. read more

Rising Above Regulation: Ascentium Stands By Small Business

Faced with losing small business customers due to regulatory requirements, Tom Depping yielded Main Street Bank’s charter in 2011 and launched Ascentium Capital, an independent finance company that caters to the needs of its small business clients. After five years in business, Ascentium has surpassed Depping’s initial goal for the company and achieved 56% year-over-year growth in new business volume last year.... read more

Ascentium Capital Launches Merchant Finance Division

Ascentium Capital is now offering a specialized financing program to independent sales organizations and to their clients, retail merchants. read more

Ascentium Capital Achieves 56% Increase in Funded Volume

Ascentium Capital achieved a 44% increase on total assets and a 56% increase in funded volume year-over-year in 2015. read more

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