Portland Trail Blazers owner Paul Allen islaunching一家名为Ascentium资本放贷money to small businesses. ------------------------- Ascentium Capital today announced its launch as a lender focused on the important but underserved market for small-balance commercial loans and leases in the United States. Ascentium Capital is backed by Vulcan Capital, the private investment group of Paul G. Allen, and a group of investors led by LKCM Capital Group, LLC ("LKCM"), the alternative investment vehicle for Luther King Capital Management. ... Ascentium Capital will be initially capitalized with $75 million of equity and a $250 million warehouse facility led by UBS Investment Bank. The company will also have access to an additional $35 million of equity capital to fund future growth. Ascentium Capital will be headquartered in the Houston metropolitan area of Kingwood, Texas, and led by the existing Main Street senior management team, including Chairman Tom Depping. The company will originate loans and leases through a national sales staff that will work with equipment manufacturers, distributors and resellers, as well as vendors, franchisors and selected equipment lease brokers. ------------------------- In related news, a newly-minted start-up doing business as "Former Blazers GMs, L.L.C." is rushing to FedEx Kinkos to mail in its loan application. -- Ben Golliver | benjamin.golliver@gmail.com |Twitter