Advantage Capital Funds Named to Inc 500/5000 List for Second Consecutive Year
Los Angeles, CA, September 3, 2014 (Newswire.com) - For the second consecutive year, Advantage Capital Funds, a leading provider of alternative financing to small and medium size businesses, has been named to the Inc. 500|5000 list of the nation's fastest growing privately-held companies. This year, Advantage Capital Funds ranked No. 63 among Financial Services companies and 2,502 overall, with a 3-year revenue growth of 152 percent.
The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Advantage Capital Fund's inclusion on the list validates the need for alternative funding and illustrates how lenders like Advantage Capital Funds are changing the way small businesses access capital.
Last year, we were recognized as one of the fastest growing companies, amongst millions of businesses, and this was extremely rewarding
Nick Shams, COO
“Last year, we were recognized as one of the fastest growing companies, amongst millions of businesses, and this was extremely rewarding,” said Advantage Capital Funds COO & CFO Nick Shams. “Our inclusion for a second consecutive year is a testament to our team’s continual strive for growth and success.”
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. Alternative lenders like Advantage Capital Funds have transformed how small and medium size businesses’ access working capital. Instead of traditional credit and asset based underwriting models used by traditional lenders, Advantage Capital Funds utilizes data and analytics to provide working capital to businesses.
Mr. Shams further explained, "To be in a position to be able to assist small businesses and have recognition for it as well – is undoubtedly a blessing.”
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 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 2014 Inc. 5000 is ranked according to percentage revenue growth when comparing 2010 to 2013. To qualify, companies must have been founded and generating revenue by March 31, 2010. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2013. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2010 is $100,000; the minimum for 2013 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 http://www.inc.com/5000.
Related Media
