04.09.2013 23:12:00
|
Advantage Capital Funds Ranks On The 2013 Inc. 500|5000
VAN NUYS, Calif., Sept. 4, 2013 /PRNewswire-iReach/ -- Inc. magazine has just released its exclusive Inc. 500|5000 list: a shining recognition of America's fastest growing private companies. Among the prestigious rankings is Advantage Capital Funds (ACF), a financial provider that hits the list at #920 with an impressive 478% increase in growth over the last three years. Within the Financial Services category alone, ACF sweeps the top 100, coming in at #61.
(Photo: http://photos.prnewswire.com/prnh/20130904/MN74204)
The list, described by Eric Schurenberg, Editor in Chief of Inc. magazine, as "harder to get into this year than ever in its history" is yet another example of the growing popularity of alternative funding. Advantage Capital Fund's inclusion on the list validates the need for alternative funding and illustrates how lenders like ACF are changing the way small businesses access capital.
Nick Shams, COO of Advantage Capital Funds, rings in, "To be recognized as one of the fastest growing companies, amongst millions of businesses, is undoubtedly an accomplishment. Our team's hard work and dedication over the years is being recognized - and that feels extremely rewarding. The demand for alternative funding is increasing every year and we are here to facilitate the unmet financial needs of these businesses."
With the economic struggles of the last few years, small and medium sized businesses have not had access to the capital they need in order to thrive and grow. Traditional lenders tend to neglect the small business niche, impeding on entrepreneurs strict requirements (i.e. perfect credit, personal collateral) and a lengthy funding process. Luckily, ACF's funding options like the merchant cash advance and customized business loans are filling in this specific funding gap.
Nick Shams considers the recognition from Inc. to be a testament to Advantage Capital Funds' diligent hard work in getting small business owners funded.
He explains, "We have helped thousands of businesses by giving them access to the capital they need, and that feels extremely rewarding. It's not often that you are in a business that is making a difference - we feel blessed to be in this position and are honored by the recognition."
As the popularity of alternative funding increases, ACF strives to make a difference for entrepreneurs in need. Should their growth continue at this rate, no doubt this will not be the last of the limelight.
About Advantage Capital Funds
Advantage Capital Funds is a leading provider of working capital to small and medium sized businesses in the US and Canada. With unique underwriting and innovative funding solutions like merchant cash advances, customized business loans and now Advantage MedFund, the limits of traditional funding vanish. The Better Business Bureau has accredited ACF since 2009; for more information on the varied funding programs, visit http://www.advantagecapitalfunds.com.
About Inc.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.
Methodology
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
Media Contact:David Castro, Merchant Resources International, 800-277-1750, david@cashprior.com
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE Advantage Capital Funds
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!