Irvine, CA (PRWEB) September 18, 2013
Rescue One Financial, a full-service financial firm and debt management company, has been named to Inc. Magazine’s 2013 annual 500|5000 list, an exclusive ranking of the nation's fastest-growing private organizations. The company ranked number 21 in the Financial Services Industry, up from number 23 last year; number 28 in Los Angeles; and number 310 which is up 69 positions from last year’s 379, among the overall Inc. 500 companies.
Rescue One Financial, which was founded in 2007, showed a three-year growth rate of 1,406 percent, growing from revenues of $2.1 million in 2009 to $31.6 million in 2012. The firm has grown from 10 employees to 53 today. As of August 2012, Rescue One Financial manages $2,000,000,000 of consumer debt, and has helped more than 200,000 people avoid bankruptcy and get back on the path to financial security.
Total client debt settled by the company to date equals $2 billion, and the total value of client savings equals $750 million. “We are proud to be recognized on the Inc. 500 list,” said Brad Smith, Rescue One Financial's CEO. “We continue to meet the needs of individuals looking for creative strategies for getting out of debt. We attribute our growth to our focus on our clients' needs and being able to offer multiple services that should fit every client’s situation.”
Smith said that the company’s negotiations department has settled more than $750 million worth of unsecured debt on behalf of its clients, with an average settlement rate of less than 50 percent of debt owed (not including program costs). Initial client consultations are free and confidential, and Rescue One Financial collects its fees only after a client’s debt has been reduced.
Rescue One Financial offers several different debt reduction programs that promise to get clients out of debt ten times faster than simply making minimum monthly payments and about three times faster than traditional Consumer Credit Counseling. “We believe our program truly is the fastest way out of debt without filing for bankruptcy,” said Smith. Smith says the company’s mission is to negotiate client debt to a fraction of what is owed. “With our outstanding Customer service, we can provide a fast and ethical way for our clients to become debt free and reclaim their financial freedom.”
If you have any questions regarding information in this press release please contact the company listed in the press release.
Headquarters: 2101 Business Center Drive, Ste. #120, Irvine Calif. 92010
Website: http://www.rescueonefinancial.com; Email: Brad Smith
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, 2011. (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 $2million. 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/500.