Kingwood, TX-based Ascentium Capital LLC, a national commercial lender, announced first quarter funded volume reached $225.1 million representing 25.5 percent growth year-over-year.

The company also experienced a record month in March with $259.6 million in credit application volume. “Our momentum demonstrates the demand for our equipment financing programs and broad financial product offering. This will continue to drive our strong performance throughout 2017,” remarked Richard Baccaro, the company’s chief sales and marketing officer.

As a direct lender, Ascentium Capital LLC specializes in providing a broad range of financing, leasing, and small business loans. For more information, visit