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This profile was last updated on 7/17/2017 and contains contributions from the  Zoominfo Community.

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Wrong Thomas Depping?

Thomas J. Depping

Chief Executive Officer

Ascentium Capital LLC

HQ Phone:  (281) 902-1900

Direct Phone: (281) ***-****direct phone

Email: t***@***.com

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Ascentium Capital LLC

23970 Highway 59 N

Humble, Texas,77339

United States

Company Description

As a direct lender, Ascentium Capital specializes in providing equipment financing and leasing solutions that drive growth and profit for equipment manufacturers, distributors as well as direct financing to franchisees and businesses nationwide. The company is...more

Background Information

Employment History

Chairman and Chief Executive Officer

The MSN Newsroom


Chairman

Bank


Affiliations

Main Street Bank

Founder


SierraCities.com Inc.

Founder


Bell Atlantic Corporation

Founder


First Sierra

Founder


Vision Sports

Founder


Education

Eastern Michigan University


Web References(170 Total References)


Leasing News - information, news, education and entertainment for the commercial bank, finance and leasing industry

leasingnews.org [cached]

Tom Depping, Chief Executive Officer at Ascentium Capital, commented: "This upgrade mirrors the accomplishments that Ascentium Capital has achieved in transaction diversification and the ability to maintain a portfolio which enables us to mitigate risk."


Ascentium Capital | (866) 722-8500 | Management Team

aefllc.com [cached]

Thomas Depping
Chief Executive Officer Ascentium Capital's Chief Executive Officer, Tom Depping, has over 30 years of experience in commercial finance and bank lending. Looking to fill a market need to bring efficiency, service excellence and competitive financing products to small businesses, it was Tom's vision that resulted in the creation of Ascentium Capital. In August 2011 Main Street Bank's lending platform was acquired by Ascentium Capital to create an independent finance company built on service excellence. Tom, along with a group of investors, acquired Main Street Bank in 2004 and became its Chairman and Chief Executive Officer. Under Tom's leadership Main Street Bank created a small business lending platform and quickly grew from a local community bank to a national small business lender with $500 million in assets. Prior to his tenure at Main Street Bank, in 1994 Tom founded and served as Chairman, President and Chief Executive Officer of First Sierra Financial, Inc., a publicly-held, small-business finance company. First Sierra, under Tom's direction grew from a start-up to a company with $3 billion in assets and a best-in-class servicing platform which provided unparalleled automation and process efficiency. First Sierra was sold to American Express in 2001. Tom was with SunAmerica Financial Resources and its predecessor, First City Leasing Corporation, from 1981 to 1994 and served as President from 1991 to 1994. SunAmerica Financial Resources was an equipment leasing, merchant bank operation that bought and sold equipment lease portfolios. As President, in a two-year span Tom took the company from $1.1 million in pretax earnings to $13.73 million. Tom was named Houston's financial-services company Entrepreneur of the Year in 1998. Tom is a Certified Public Accountant and began his professional career with KPMG. Tom graduated cum laude from Eastern Michigan University.


News | American Equipment Finance

www.aefllc.com [cached]

Tom Depping, CEO of Ascentium Capital, stated: "We look forward to working with Richard and Len as we reunite a winning sales team from First Sierra.
Richard A. Baccaro noted: "Tom Depping has once again put in place some of the industry's best minds to support a tremendous platform providing manufacturers, dealers and distributors with a war chest of capital to help their clients with cost effective and innovative financing solutions.


khalik - Inline Funding

inlinefunding.com [cached]

"This securitization provides our organization with additional opportunities to meet our growth initiatives," commented Tom Depping, Chief Executive Officer at Ascentium Capital.


Leasing News - information, news, education and entertainment for the commercial bank, finance and leasing industry

leasingnews.org [cached]

Tom Depping
Chief Executive Officer Ascentium Capital. "In less than five years, Ascentium Capital has become a game changer in the equipment financing sector through its technology infrastructure," CEO Tom Depping. "In addition, our flexible product offering, and customized vendor programs developed by our sales, marketing and service personnel, has brought us to our goals. "Our professional talent has helped us achieve transformative results that will continue to drive growth in 2016," Depping added.


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