Ascentium Capital merges with American Equipment Finance

Officials of Ascentium Capital LLCannounced the company has merged with American Equipment Finance and appointed Richard Baccaro, co-founder and president of American Equipment Finance since 2002,as executive vice president of sales and marketing.

"Richard brings 25 years of sales management experience and the entrepreneurial spirit needed to build a top tier sales force and make Ascentium Capital a premier company in the small ticket market place,” saidTom Depping, CEO of Ascentium Capital, in a release.

Ascentium Capital specializes in providing financial solutions for small businesses nationwide. The company offers a wide variety of equipment loans and leases for capital expenditures.