KINGWOOD, Texas, Jan. 19, 2017 /PRNewswire/ -- Ascentium Capital LLC, a national commercial lender, was just announced as a finalist in the Top Small Business Lending Platform category by LendIt, the world's largest show in lending and FinTech. Finalists included companies that demonstrate a combination of loan performance, volume, growth, product diversity and responsiveness to stakeholders.
Ascentium Capital was selected out of hundreds of applicants by over 30 industry experts who judged the finalists that represented innovation, emerging talent and top performers. After evaluation, the experts narrowed the Top Small Business Lending Platform category to six finalists. The Company will compete for top honors at The LendIt Awards Ceremony that will be held on March 7, 2017 in New York City.
"Ascentium Capital is honored to be recognized as a balance sheet lender with leading technology that serves small businesses. We continue to invest in our people, processes and platform to ensure we are responsive as well as proactive in delivering products and services that exceed the needs of our clients," comments Tom Depping, Chief Executive Officer at Ascentium Capital.
"Having been on the front lines of emerging and later stage FinTech companies for the past five years, we wanted to unveil our own best of the best industry accolades," said Jason Jones, Co-Founder, LendIt. "We were positively overwhelmed with the high number and high caliber of entries. These finalists represent some of the most innovative companies that are radically improving financial services through technology."
About Ascentium Capital
As a direct lender, Ascentium Capital LLC specializes in providing a broad range of financing, leasing and small business loans. The company's offering benefits equipment manufacturers and distributors as well as direct to businesses nationwide. Ascentium Capital is backed by the strength of leading investment firm Warburg Pincus LLC. For more information, please visit AscentiumCapital.com.
LendIt is the world's largest event series dedicated to connecting the fintech and lending community. Our conferences bring together the leading lending platforms, investors, and service providers in our industry for unparalleled educational, networking, and business development opportunities. To learn more visit: www.LendIt.com.
Sr. Vice President of Marketing
Ascentium Capital LLC
SOURCE Ascentium Capital