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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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Ascentium Capital LLC

23970 Highway 59 North

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

Find other employees at this company (364)

Background Information

Employment History

Chief Executive Officer

American Equipment Finance LLC


Affiliations

Main Street Bank

Founder


SierraCities.com Inc.

Founder


Bell Atlantic Corporation

Founder


First Sierra

Chairman, President and Chief Executive Officer


Vision Sports

Founder


Education

Eastern Michigan University


Web References(169 Total References)


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

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

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.


Ascentium Capital | (866) 722-8500 | Business Financing and Leasing Company

Tom Depping, CEO of Ascentium Capital, has agreed to roll over his entire equity ownership stake in the business and continue to lead the Company.


Ascentium Capital Closes $271 Million Securitization

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


Ascentium Capital Completes Seventh Securitization

We are pleased to see the market interest for bonds backed by high quality assets," remarked Tom Depping, Chief Executive Officer at Ascentium Capital.


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