ACCELERATING ACHIEVEMENT
OVER $7 BILLION IN CAREER FUNDING SMALL TO MID-SIZED BUSINESSES NATIONWIDE
Tom Depping, with more than three decades of commercial finance and bank lending, has the distinction of being a visionary entrepreneur. He is admired for his ability to accelerate achievement from a start-up position and escalate it quickly with aggressive growth while managing risk. Depping has been a disruptor in shaping financing for SMBs while ensuring long-term investor value.
Repeatable success + aggressive growth while managing risk.
Fox Ridge Capital: Founded in 2026, Depping created a best-in-class team to serve small to mid-sized businesses nationwide with achievement-focused, scalable financing. Fox Ridge Capital is innovation-born: the agile and adaptive business financier of choice that empowers clients. The company serves businesses and equipment and technology providers who offer financing to their clients. Team Fox Ridge takes client goals and transforms them into exceptional results, accelerating achievement. To learn more, visit FoxRidgeCapital.com.
Tom Depping's Distinguished Accomplishments
Ascentium Capital: Formed in 2011, Ascentium Capital was created from the purchase of assets and the operating platform from Main Street Bank. As Ascentium's Chief Executive Officer, the company became a leading and distinctive national commercial equipment lender specializing in a wide array of financing, leasing and working capital solutions for small companies to Fortune 500 organizations. His vision and repeatable success caught the attention and interest of several potential buyers. The company reached the rank as the largest independent equipment finance company in the United States. Ascentium Capital was acquired by Regions Bank in 2021.
Main Street Bank: Depping, along with investors, acquired Main Street Bank in 2004. As Chairman and Chief Executive Officer, Main Street Bank evolved into a successful small business lending platform and transformed from a small local community bank to a national powerhouse as a small business lender with $500 million in assets.
First Sierra: In 1994 Depping, founded and served as Chairman, President, and Chief Executive Officer of First Sierra Financial, Inc., a publicly held business finance company. First Sierra, under Tom's guidance, launched as a start-up that grew to $3 billion in assets with an industry-recognized servicing platform that provided unequaled process efficiency. The company reached the rank as the largest independent small ticket equipment finance company in the United States. Due to the health and future projection of First Sierra, American Express acquired First Sierra in 2001.
SunAmerica Financial Resources: and its predecessor, First City Leasing Corporation from 1981 to 1994. Depping served as President from 1991 to 1994. SunAmerica Financial Resources was an equipment leasing and merchant bank organization that acquired and sold equipment financing portfolios. As President, Depping took the company from $1.1 million in pretax earnings to $13.73 million in just 24 months.
Tom Depping graduated cum laude from Eastern Michigan University. Depping is a Certified Public Accountant and began his professional career with KPMG.