At Ascentium Capital we understand that access to capital is critical for your growth and success. It allows companies to invest in themselves and the revenue-generating equipment their businesses need to grow – no matter the market conditions.
Ascentium Capital delivers flexible, small-ticket financing to businesses both acquiring and selling critical equipment assets. We specialize in loan and lease products for industrial equipment, franchise assets, gas stations, convenient stores, car washes, IT, office machines, medical equipment and specialty vehicles.
No matter what your business needs, Ascentium Capital can develop a solution built around your goals and objectives, and we’ll deliver it with the expedient, seamless, service-rich experience associated with the best financial institutions in America.
Our team of industry-leading leasing experts has decades of experience in customizing vendor finance programs and in tailoring leases for the end-user of that equipment. We offer customized payment structures, online account management, managed solutions and fast turnaround. With a nationwide sales and support presence and a proprietary technology platform, we have the resources to process transactions quickly and efficiently.
Based in Houston, Texas, Ascentium Capital was founded with a $105 million equity commitment, primarily from Luther King Capital Management and Vulcan Capital, and operates with an initial $250 million lending facility.
Why Ascentium Capital? Because we strive for opportunity, for growth and for your success.
- Financing to help you succeed
- Quick and easy process
- Industry expertise
- With you every step of the way
- Well-established and trusted resource
Executive Vice President of Sales and Marketing
800-785-3060 ext. 1930
RichardBaccaro@AscentiumCapital.com
Richard, was co-founder and President of AEF, and has over 25 years of experience serving the equipment financing industry. Richard will be responsible for managing the sales operation of Ascentium Capital. Richard was the Executive Vice President at First Sierra prior to its acquisition by American Express and was responsible for the sales team and $1 Billion of annual originations. In 1991 he co-founded Independent Capital Corp. with his brother Len, and then in 1998 merged ICC with First Sierra Financial. He was instrumental in the sale of First Sierra to American Express - where he was responsible for the business integration, and served as EVP Sales and Marketing for American Express Business Finance. In January of 2002, Richard co-founded AEF. Richard graduated from Rowan University with a degree in business.
Senior Vice President of Sales
800-785-3060 ext. 1931
LenBaccaro@AscentiumCapital.com
Len was co-founder and Executive Vice President of AEF, and will be responsible for direct originations in the petroleum, convenience store, car wash and franchise industries. After graduating from Rutgers College in 1982 and working in Manhattan in marketing & advertising, he co-founded Independent Capital Corp. in 1991 with his brother Richard. He was also a partner in the sale to First Sierra Financial in 1998, and after American Express Business Finance acquired First Sierra, Len became a Regional VP, before co-founding AEF in 2002. With more than two decades of industry expertise, Len has become a trusted financing resource for countless sales organizations, spanning multiple vertical markets.
