Ascentium Capital announced that it surpassed $2 billion in funded volume since its inception on August 4, 2011.

“Less than five years ago, we created a new type of independent financing company to meet the changing needs of small businesses. We’ve had success creating a brand that represents fast and flexible financing and our continued success will be driven by our processes, people and proprietary finance platform,” comments Tom Depping, Ascentium Capital’s President and CEO.

Ascentium Capital develops customized financing programs that benefit equipment vendors and manufacturers as well as small businesses nationwide. The company takes a specialized, consultative sales approach in key industries including healthcare, technology, franchise, hospitality and other vertical markets. Chief Sales and Marketing Officer, Richard Baccaro, comments on how the company positions itself for growth. “Our mission is to be the financier of choice in the markets we serve. This requires us to constantly evaluate, evolve and execute service levels that exceed client expectations.”

Ascentium Capital, as a direct lender, specializes in providing equipment financing, leasing, and working capital solutions for equipment manufacturers and distributors as well as direct to businesses nationwide. The company has obtained the ranking as the third largest private-independent finance company by volume in the United States.