Fuels

Ascentium Capital Hires New Sales VP

Will help equipment loan provider expand petroleum finance division

KINGWOOD, Texas -- Ascentium Capital, a leading national commercial lender, has announced that Tony Zieglar has joined the company to develop the company’s expanding petroleum finance division.

Ascentium Capital

Zieglar brings more than 17 years of business financing expertise including nearly 10 years within the petroleum niche.

As vice president of sales, Zieglar will be responsible for business development efforts within the petroleum division and other specialized niches.

“Our strong growth in the petroleum market and the increasing demand for our financing programs have led us to expand our specialized salesforce. We are excited to have Zieglar help drive our 2016 sales initiatives,” said Len Baccaro, senior vice president of sales at Ascentium Capital.

The company will continue to invest in this niche through industry involvement and participating at manufacturer and vendor events as well as recruiting additional tenured sales personnel. Zieglar comments, “Ascentium is one of the fastest growing providers of equipment and technology financing solutions and has a strong reputation for providing exceptional customer service. I’m extremely excited to be part of the Ascentium Capital team.”

As a direct lender, Kingwood, Texas-based Ascentium Capital specializes in providing business financing, leasing and loans for equipment manufacturer and distributor programs, national and regional franchisors, as well as direct to businesses nationwide. The company is backed by leading investment firms Vulcan Capital and LKCM Capital Group LLC.

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