Tom Depping, chief executive officer at Ascentium Capital said: “We are pleased with our market execution and the confidence that our ABS investors place in us. The Aaa and AAA ratings from Moody’s and DBRS on our senior class of notes help validate our successful business model.

The ratings were based on several critical factors including the strong financial condition of the company, consistent portfolio performance for over 10 years, and the company’s efficiency-based finance model.

As a direct lender, Ascentium Capital specializes in providing business financing, leasing, and loans for equipment manufacturers and distributors as well as direct to businesses nationwide.

The company is backed by the strength of leading private investment firms Vulcan Capital and LKCM Capital Group, LLC. Ascentium Capital has obtained the ranking as the fifth largest private-independent finance company by volume in the US.

During 2014 the company funded $440,000,000 in transactions representing a 57% increase over the previous year.

Ascentium has momentum for long-term success and has a 2015 business plan focused on organic sales growth in key markets while maintaining focus on a healthy portfolio and a strong net income.

Depping added: “Businesses are strategically leveraging our unique financing capabilities and this is driving the demand for our finance programs across the United States. We have an exciting growth proposition, and in 2015, we’ll provide new products, continue to streamline the finance process for clients, and launch valuable online vendor tools that enable us to comprehensively integrate financing into their business models.

“Our past achievements and future initiatives remain critically tied to our people and processes and this is where we will continue to invest our resources.”

2014 company highlights:

• Earned Moody’s Investors Service and DBRS’ highest ratings of Aaa and AAA respectively, on senior class of asset-backed notes;

• Enhanced the efficiency-based finance model driven by the company’s technology platform; and

• Expanded the company’s national sales offices with representation in over 20 states;

Due to Ascentium’s success, the organization is aiming to attract the industry’s top finance professionals. “Each of our strategic markets are in growth-mode. Our salesforce is prepared with a proactive strategy to win business and to help clients prepare for their own growth,” says Richard Baccaro, EVP of Sales and Marketing.