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ELFA | Ascentium Capital Q4 2012 Volume Increases 323% vs. Q4 2011

Industry News: Around the Industry

Ascentium Capital Q4 2012 Volume Increases 323% vs. Q4 2011

Ascentium Capital LLC sales volume for the fourth quarter in 2012 increased 323% versus volume in fourth quarter of 2011.

Kingwood, TX – Ascentium Capital LLC sales volume for the fourth quarter in 2012 increased 323% versus volume in fourth quarter of 2011.

“Our business continues to build momentum as we increase brand awareness and take market-share in the small and mid-ticket marketplace. Ascentium Capital’s growth and success is about our people and our process; and there is no better place in America to work as a sales person than at Ascentium Capital” noted Richard Baccaro, EVP of Sales & Marketing. “We’ve hired twelve new sales associates in Q4 alone and are now laying the groundwork for Ascentium University where we will recruit, train, and educate our own business development professionals in addition to hiring experienced sales people. With our current headcount at over 40 sales employees, we are looking to double the size of our sale force in 2013. Vendor customers are demanding that their finance partner be a direct lender, with national coverage as well as having a well-trained and educated sales force. We anticipate that 2013 will be another great year for Ascentium Capital and our people.” As a direct lender, Ascentium Capital provides manufacturers, dealers and distributors with equipment financing and leasing options for their business customers located nationwide.

Ascentium Capital is backed by Vulcan Capital, the private investment group of Paul G. Allen, and a group of investors led by Luther King Capital Management. The Ascentium Capital website is located at www.ascentiumcapital.com.

For More Information Contact: Christine Kimball Press Liaison 281-348-2064 ChristineKimball@AscentiumCapital.com

 

Sites of Reference:
http://www.AscentiumCapital.com

Contact Name: Christine Kimball
Organization Name: Ascentium Capital
Phone Number: 281-348-2064
Fax Number: 281-921-3511
E-mail: ChristineKimball@AscentiumCapital.com