Ascentium Capital Review | 2019 Feedback and More!

Ascentium Capital ( is a provider of equipment and technology financing solutions.

Among the services they provide would be financing and leasing for manufacturers, distributors, resellers, franchise organizations, and more.

Allegedly providing businesses with over $4 billion to date, Ascentium Capital may sound like a well-established company yet when you analyze community feedback you can’t help but feel some doubt regarding Ascentium Capital.

To learn more regarding the future of Ascentium Capital for 2019 and what past customers are saying we invite you to read our unbiased review.

About Ascentium Capital

Ascentium Capital was founded in 2011 and provides finance programs for manufacturers, distributors, resellers, franchise organizations in addition to direct financing options for small, mid-size and Fortune 500 companies across the United States.

Leasing and financing agreements up to $1.5 million are provided through Ascentium Capital while terms up to 84 months are allotted.

Ascentium Capital allows financing for new or used equipment such as computer hardware and software, office furniture, industrial equipment, commercial vehicles, medical equipment and more.

According to their FAQ, “You may finance 100% of the soft costs, up to 30% of the total amount being financed.”

Soft costs and services may include delivery, installation, tax, maintenance and other expenses.

To determine credit worthiness, Ascentium Capital states that the length of time in business, bank and financing references along with business and credit bureau ratings are all used in the decisioning process.

Personal guarantees are typically required with Ascentium Capital.

While Ascentium Capital states that they do not charge an application fee, if approved, consumers should be aware of a one-time documentation fee for processing and expenses related to credit reports, UCC Filings, etc.

Payments can be made with major credit cards such as American Express, Visa and MasterCard.

How does Ascentium Capital Work?

During the time of writing this review, Ascentium Capital not only offered an online application but also an offline Commercial Credit Application that can be emailed or faxed to their office afterwards.

For applicants who pursue the online application, approval verdicts are said to be rendered within minutes after applying.

If approved, you’ll be able to move forward with Ascentium Capital while denial verdicts may result in recommendations or general financing tips that you can pursue as an alternative.

Who is Behind Ascentium Capital?

According to the Better Business Bureau, Ascentium Capital, LLC is the corporate entity responsible for

Detailed in the company report would be how Ascentium Capital, LLC became a BBB Accredited business on April 14th, 2015 while reflecting a BBB rating of A+.

Mr. Tom Depping is disclosed as the CEO behind Ascentium Capital, LLC while Ms. Lauren Campbell appears to be their Client Service Specialist.

Ascentium Capital Reviews

The reviews regarding Ascentium Capital, when evaluated as a whole, are not encouraging and mostly depict concerning consumer experiences.

Take for instance a couple of the most recent reviews we found at Yelp:

“Our hair salon was another one of Ascentium’s victims (working in concert with United Card Solutions). They sent us a credit card processing terminal that we did not want or need – we already owned the same exact model. The terminal is available on Amazon for less than $300… We still have the unwanted terminal in its original packaging. Ascentium and UCS refuse to provide a return shipping address. Instead, Ascentium demands we pay $60/month for 48 months (~$3000), and is making threats against both our business and our personal finances.”

“This is a terrible financial company. They will rip you and your business apart. They will not negotiate with you. they will sue you and your business until you are bankrupt. Please don’t do any business with this company. This is the worst company for your financial needs. Even if they are the your last option, don’t do business with them. You will be sorry if you signed a contract with them.”

Out of the 26 reviews disclosed at Yelp, Ascentium Capital reflected a cumulative customer review rating of 1.5 out of 5 stars.

To learn about complaints plaguing Ascentium Capital you can visit the complaint section of the Better Business Bureau.

Contacting Ascentium Capital

For questions about Ascentium Capital vendor and partner programs:

Phone: (866) 846-3635
Fax: (281) 921-3499

For questions regarding a credit application:

or contact your finance manager

For inquiries relating to your document package you are advised to contact your Finance Manager.

For questions regarding your existing finance contact:

Phone: (866) 846-3646
Fax: (866) 846-3679

In addition, Ascentium Capital states that you can connect with them via social channels:

Domain Insight was registered by Shirley Hargrove of Ascentium Capital, LLC on April 6th, 2011 through the registrar.

According to SimilarWeb, reflected a global rank of 1,227,867, a US rank of 254,097 along with an investing site rank of 3,170.

Given Ascentium Capital’s poor web rankings, we do not believe their site receives much incoming visitor traffic.

Is Ascentium Capital Trustworthy?

Ascentium Capital does not appear to be the most trustworthy according to relevant community feedback.

Ascentium Capital Scam Review

Ascentium Capital may be able to assist you with a multitude of financing options but whether risking your business and hard-work is a question only you could answer.

Learn from the reoccurring string of consumer complaints shared above and ask yourself, does Ascentium Capital seem right for you?

If so, great.

If not, then it’s not the end of the world!

Just know that there any more reliable and reputable financing solutions than Ascentium Capital available to you so don’t feel pressured in any way, shape or form.

We invite you to share any experiences or feedback you may have below!


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