UPDATE: Working with Brian Abell who perhaps can put all this matter to rest. BEFORE doing business with Ascentium Capital, carefully read all the reviews on yelp. Many of the 1-star reviews here resonate with my own horrible experience working with this lender. Look at their profile at the Better Business Bureau (BBB) and look at the profile on Ripoff Report. First, shame on any equipment manufacturer, for recommending Ascentium just so they could make a sale. I worked with Jason Wise at Ascentium who emailed me an amortization schedule with payoff amounts for each month of my 60-month loan term. He promised me that when it came time to payoff the loan, I would only have to pay the amount on the Amortization schedule. But when I wanted to payoff the loan early, they did not stick to the amortization schedule and instead came up with a payoff amount that was thousands of dollars more than the amount specified on the amortization schedule that Jason Wise provided me. I have email trails and other evidence of this. I would strongly advise anyone considering borrowing money from Ascentium to carefully consider the experience I (and others) have had with them. read more

This company is a scam. They sell your personal information to other funding companies, your phone will ring non stop once they sell your personal info. Do not use. read more

This company has less than honest business practices. They have been fraudulently charging our business 69.95 per month for the last 36 months/ 3 years. I have called, emailed, left messages with no response in read more

Absolutely obnoxious company. Filed a preliminary request for a loan around 3 years ago and they've been calling me non stop ever since despite my telling them every, single time that we are not interested, we are not looking for financing now and we won't be looking for financing in the future. Just today they called me personal cell phone line and when I told them we weren't interested they called my office line no less than 2 minutes later. read more

This is for Brent Hill sale guy for this company don't ever be kind or nice to this man because he is cheater and lier he rid off your money, I can't believe this happened to me in my life I have go brought this, He came up to my salon talks about his company credit machine for salon service I ask all the questions whatever need and convenience for my client and for my company, any way finally he whatever his answer is not in the paper, he know how treat really well wait until I was very busy to make me signed I ask him what this paper for? He says oh just about to make sure you have my machine, I did not know that he lied to me. That was the 4 years contract Tell you this even this machine it's not worse it $100 and they make me rent 4 years .... Even i going shut down my salon I call them to close account they won't let me , they even so you still pay until your contact is over I will send this to the Court being criminal. I don't know why they are active in this place? read more

I cant say enough great things about Ascentinm communication is great, staff is outstanding, knowledgeable, and quick. David Marbin and Justin Dearborn thanks for all you do. Ronald Broadway read more

I wouldn't wish dealing with this company to my worst enemy, when I say they are the absolute worst and most greedy, manipulative company I have dealt with I mean it. I called reps multiple times to cancel my account and they would give me the run-around or gaslight me telling me they couldn't cancel the account or I had to pay fees to get out of an already expired contract! Months after my contract was expired the company continued to charge me even though the contract was never renewed! Never made an attempt to so much as telling me that they needed the equipment returned and when they want it back all shipping fees on your dime! Terrible customer service, terrible company, would not recommend, STAY AWAY!! read more

DO NOT USE THIS COMPANY they are bunch of unethical thieves preying on small businesses. we signed a contract and two years later, started having 4-6 chargebacks a week, around $200-400 weekly was disputed by our customers, saying they were being double charged. This happened in the middle of the pandemic. Their incompetent and rude customer service tried trouble shooting the problem, after failing - they kept coming back with "maybe your staff is double charging the customer". We terminated the contract with the lawyer, and it's been 12 months and I still get harassment calls from them. I wish FBI would look into them. I don't know how it is legal what they do. read more

DO NOT DO BUSINESS WITH THIS COMPANY !!!! I wish we did not finance our equipment with them , my husband keeps receiving their harassment phone calls even though the government has issue the deferred payments options and we worked out the deal with them , and they are treating to send us to a collection and ruin our credit . I tried to look for them on the BBB ( Better Business Bureau ) site and they are not even listed there !!!! So , are they not even legal to do business ??? Now I see why they have only 5 positive reviews (from their own people probably ) and 67 very bad ones !!! RUN FROM THEM FAST !!!! IF I COULD I WONT GIVE ANY STAR ! read more

Scam company. Advertise that they do loans for startups. Upon applying, they told me that they could not give me a loan as my company was a startup lol. Funny thing is that I was only trying to borrow $7k and I have spotless credit. They tried to switch me to some company called clicklease. Bait and switch scammers. Stay away from this company! read more

Do not automatically send titles. Have to inquire. Inquired in January, no title. Asked for a titling department number was told that after account has been terminated, they won't speak to customers and will have to go though customer service. Will consider legal help if not resolved, just out of principal :) read more

Unprofessional group of people who only care about getting you sign a loan and then provide no customer service. No one takes ownership of anything... every person I have had the unfortunate task of communicating with is incredibly unhelpful. One day I contact customer service... get no response for over a week addressing my issue... yet in the meantime get several emails from sales asking about taking out another loan. Stay away from them. Oh, and the customer service issue still goes unresolved. read more

Can I please give zero stars? This company is awful. Their billing is not specific, their collections representatives are rude and pestersome AND they started automatically ACH debiting from our company's bank account without our authorization. This is the only cable company I have ever dealt with that is so adamant about getting their money after 1 month of non-payment. Most companies will just charge late fees and give you at least 90 days to pay, but god forbid you are a few days late with this company, you will get a million calls a week and incredibly rude insistence that you pay and threats to disconnect. Don't use this company! read more

Our merchant services company conned us into signing this agreement with Ascentium Capital for 48 months- DON'T DO IT! We got 1 POS (now old and doesn't even work) $3120.00 Won't replace equipment but no cancelling and PAY IN FULL or else! If we did business like this we wouldn't be in business. There was no reason to finance this 1 POS terminal, salesman very vague in details with no option to purchase the terminal outright. In the past a merchant company would give you one for free. BE CAREFUL AND DON'T WASTE YOUR MONEY! read more

Do not lease thru this company!!!!!! Charge double the amount for leases compared to reputable leasing companies. Rude and condescending customer service team- not willing to work with the customer to fix the situation. read more

This company works with scam credit card companies and try to scam money. It is a shame that such a company would even exist in the U.S.. I wish FBI would get involved and get these guys arrested. My suggestion is when you sign up with a credit card processing company, always check your contract and know the equipment company. After using so many credit card services, we are using square. Their rates may not be the best, but at least up front you know. Just a piece of mind. read more

Rebel Payments sold a lease agreement to Ascentium Capital dated 1/1/21 that I didn't even sign. Who signs an agreement on New Year's Day anyway? The agreement that they were basing our relationship on did not have any total dollar amounts or a term, had my social security number wrong and them timestamp said I received it at a certain time, reviewed it 14 seconds later and signed it another 14 seconds later. Sound fishy? I notified Ascentium after noticing two bank drafts from them and provided them them with plenty or documentation supporting my cancellation of my agreement with Rebel because of fraudulent business practices and overcharges in September 2020 and also told them I did not sign the lease agreement and to refund my money. Not only did they not refund my money but they sent me to collections and I have had multiple collection companies contact me trying to collect but have quickly retreated once I shared the facts of this case. I wanted to give them zero starts but the system would not let me. DO NOT BUSINESS WITH THESE CROOKS UNDER ANY CIRCUMSTANCES!! read more

Horrible!!!!!! $3000 for non functional terminal No support. Working on BBB and state... No support,rude, Very expensive Terminal sits in a draw for $3000 read more

Our hair salon was another one of Ascentium's victims (working in concert with United Card Solutions). They sent us a credit card processing terminal that we did not want or need - we already owned the same exact model. The terminal is available on Amazon for less than $300. We still have the unwanted terminal in its original packaging. Ascentium and UCS refuse to provide a return shipping address. Instead, Ascentium demands we pay $60/month for 48 months (~$3000), and is making threats against both our business and our personal finances. Avoid at all costs. read more

Had a 48 month contract expiring in 2021; when attempted to cancel this service in 2021, was told that I really had a 54 month contract expiring in 2022. Finally found my paperwork, which clearly says 48 month contract! These people are especially heartless to help out a struggling business during the pandemic. read more

This is not a typical loan. They pre calculate the interest and add it to your payment schedule. If you try to pay off the loan next day, you would still have to pay the entire interest read more

Not a good company. Terrible experience and customer "no-service". We had a cc processing company that apparently contracts their equipment financing through Ascentium. My fault...I blindly signed the equipment contract thinking it was an arm of the processing company. When COVID hit we were shut down for seven months. I canceled the cc processing company because we were closed, but the bills kept coming from Ascentium. They were so rude on the phone and wouldn't even listen to my situation. I am still paying monthly. I will never do business with them again. Buyer beware! read more

Thanks to them I got my truck with zero down! No other finance company would do that! Not to mention within a week my truck was funded! It actually took me longer to get an insurance quote than the actual truck thanks Heidi! read more

Ascentium Capital - Thanks to them I got my truck with zero down! - Business Financing Near Me - Kingwood, Texas

If I could give it one star I would! FRAUD! THIEVES! BEWARE!!!! Somehow they managed to get my bank information and has been taking money out of my account for four months without my knowledge or authorization. Noticed it when doing my taxes! Watch your bank accounts!! read more

Ascentium Capital - This is NOT an authorized withdraw! - Business Financing Near Me - Kingwood, Texas

Es un nido de ladrones por los llamas y les dices que vas a pagar tarde y te cobran y no 10 ni 20 es de 100 para arriba aparte que los llamas para pedir documentos y te dicen que te van a llamar y lo hacen pero te atrasa y empiezan a joder por todo te cobran si pueden buscar dinero por otro lado aganlo pero por este lugar no se van arrepentir ascentium capital es una mierda una basura son unos malditos hijos de puta read more

I PURCHASED a Truck from PENSKE at a price I knew I could afford. The interest rate I was offered was a little high, but I was told that I could pay it off early so I wasn't concerned. About a year into paying off the loan for the PURCHASE I went to do exactly what I initially told them I wanted to do and start sending extra payments to payoff early. I go to the website and can't find ANYTHING that reflects the amount of the truck, payoff amount, or anything of the sort. I email them for a payoff amount and I receive a number that is about 40% more than the purchase price!!! I was very confused, I reached out for clarification...... NO RESPONSE. That's when I realized what they did. Throughout the loan process, I spent 90% of the time talking to the Penske representative. All the paperwork reflected the correct purchase price and everything, it all looked legit. The very last person I spoke to only for a minute was from Ascentium. They pretty much just verified everything and sent the DocuSign. The loan was VERY VERY wordy and just had the number of payments and amount of payments. Mind you I literally just signed and went through what I thought was a contract with Penske and everything was legit. It was as if they did a quick switch at the very end AFTER I read and did everything with Penske to Ascentium and it threw me off. Reflecting on this, there is no doubt in my mind that this was purposeful. There was no way for me to realize what was happening without having a lawyer present. I literally went through it over and over in my head, and yeah they definitely duped me. So now I am finding out, that the very last thing I signed was a LEASE!!! and all the interest had been front-loaded to that lease. This was NEVER explained in any form or fashion. Shame on Penske for being a part of that process, I know that the sales rep from Penske knew that Ascentium was a scam, that's why he kept reassuring me with all of my questions and waited until the last minute to transfer me to them and give me that very last form to sign AFTER we had discussed everything. Ascentium is a disgusting company for what they did, and any seller that uses them is just as bad..... read more

Run far away! They will rip you off just like they do to people every day. This company is a scam. They have 3rd part companies writing Predatory lending contracts you can't get out of. read more

Businesses Beware! Do not use this company for anything . I was solicited in my business to lease a POS system being promised all kinds of discounts which I never received . Read every line of the pages of contracts you sign lots of hidden clauses like you cannot cancel your lease for any reason my business was shut down due to Covid and when I reached out to them they offered no help and told me I must continue paying for two more years didn't offer any relief whatsoever so now I'm stuck with a system I cannot use . read more

a scam company! My agreement for 24 months ON A PURCHASE not a LEASE was completed and they still are charging my account. I have the purchase receipt for the machine with sales tax included to prove that it was a purchase. Craig Collings is the sales rep and he DOES NOT answer any phone calls or respond to voicemails. We have now paid almost $1000 over the sales agreement. This is absurd my bank actually agreed we me and is treating payment as fraud to stop any further ACH transactions. read more

Ascentium Capital has no clue how to provide good customer service. Don't ask them for anything specific or out of the 'norm'. I need a lien release form filled out that is specific for my state, and they can't seem to get it right; even after our local county clerk contacted them with specific instructions, they seem to now be just ignoring all of us. My first request for a corrected form netted an email that essentially said - ' You have what we sent and that's all you're going to get '. My next stop is social media. Don't do business with these folks. I'm glad that our transportation company is done doing business with these guys. read more

Crooks..plain and simple, can't believe they are still allowed to be in business.... I paid almost $1000 to pay off a lease on a credit card machine I signed up with them for, my stupidity, and they are now saying they are taking me to collections when I have the canceled check! They ripped me off for over $3000.. not going to take their abuse anymore, they will be hearing from my attorneys next time they call.. read more

Got a loan at Ascentium Capital on some equipment. We made payments on our loans for aprox. a year finding out that were paying interest payments only. Nothing toward the principle of the loan. On a loan usually the interest is prorated through the loan. The interest usually gets lower as you make payments. Also your payments go towards the principle of the loan. Were finding out that we have been paying interest only for about a year thus we still owe the same amount that we paid for the equipment to begin with. Then that's not all. We were supposed to have full coverage on the equipment we purchased. We got insurance from day one. Come to find out they have been charging us insurance even though we had it covered with our own insurance company. I'm not to happy with this company to pull these kind of scams on us. Stay clear of this finance co. read more

This company is rapidly developing a bad reputation about there customer service. Avoid them read more

Absolute churls, these people keep telling me my insurance is not acceptable so the can charge me a property tax of 359.00 a month on top of my loan payment, Then less than two weeks ago my insurance was accepted via email but today 3/29/23 The verbiage needs to be redone per Sarah. this company will get your bank account direct withdraw, overcharge and then have some excuse, my insurance from State Farm a 1,000,000 policy does not meet there criteria. So I also happened to find out the reviews and its the same thing over and over so I also think a class action lawsuit is in order , because I will be seeing them in court one way or another. I have had enough of the hold times , attitudes when I call in and the verbiage changes to my policy, all a game, Lets see churls, you screwed with the wrong person! read more

This is a horrible business. I just tried to return my terminal for covid reasons and this is the ONLY business that has been unwilling to negotiate. They are predators pure and simple. Their basic response was "too bad, your stuck with this and we don't care." If someone tries to lease you equipment through them RUN don't WALK. read more

I purchased a piece of equipment through INMODE which I now hold partially accountable for recommending me to this crooked company. I just discovered 2 years after signing that they charged me $36k to borrow $120k. I could have never known because of their presentation and vague website that never shows you where you are on your loan amount. I literally had to ask for a payoff to see how much was still owed. When I discovered that I had made all these payments but still owed $112k I realized they charged me $161k!!!! I never signed anywhere agreeing to this. They will be hearing from my attorney. read more

They front load all the interest on their loans. If you're ok with this then this is the bank for you. I was told I had a loan with a particular interest rate with no prepayment. They instead front loan all the interest for the entire term of the loan on the front end. In my case this meant only the interest portion of my loan was being reduced in the first 18 months or so. If you go to payoff the loan early you are hit with whatever front loaded interest is remaining plus the original principal. I'd stay away and look at other reputable equipment lenders. read more

A one-star review on this company is being generous. Read your contract very carefully and be aware that canceling the lease even after you fulfill the terms of the contract is very very difficult . read more

Horrible bank to deal with, this is coming from a dealership, so it dosent say a whole lot for the bank. They make it very hard for customers to pay off their auto loans. They are the worst....worse than the strictest credit unions at providing information and then provided the wrong information on more than one occasion. They then had the title released to the wrong address, of no relation to the customer or the dealer. They spend more time at securing every way imaginable on keeping the customer's money and one has to wonder why that is especially with all of banking news recently. read more

From someone who worked there.! Stay away from this company. ! Any business owner who has a solid head on their shoulders should look elsewhere for a loan. Managemet here only cares about one thing.. It's not the employees and it's not the customer.! read more