National Funding, a small business financial services company, is pleased to announce it made the 2013 Inc. 500|5000 list of America’s Fastest Growing Private Companies. National Funding achieved its No. 3724 rank with a three-year sales growth of 78 percent.
The list represents the most comprehensive look at an important segment of the economy – America’s independent entrepreneurs. The companies on this year’s list reported having created over 520,000 jobs in the past three years, and aggregate revenue among the honorees reaching $241 billion.
National Funding serves the small business community nationwide by offering a range of financial services and products. It is an industry leader in small business lending working with companies in hundreds of communities and industries to lend working capital to business owners who need cash to expand their operations. In addition, National Funding is a leader in equipment leasing and financing, offering small businesses the ability to expand and upgrade their business equipment. Every customer is matched with a National Funding account manager who has specific knowledge about their specific industry. Customers are able to get working capital, merchant cash advances, credit card processing, and equipment leasing.
“Not all the companies in the Inc. 500|5000 are in glamorous industries, but in their fields, they are as famous as household name companies simply by virtue of being great at what they do,” says Inc. Editor, Eric Schurenberg. “They are the hidden champions of job growth and innovation, the real muscle of the American economy.”
“According to the U. S. Census Bureau, in 2010, there were approximately 5.7 million employer business firms. It’s great for our business customers to know that we have met Inc.’s stringent criteria and are amongst the best of the best in the Inc. 500|5000,” said National Funding CEO, David Gilbert.
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 be 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.