Anchor Trading Named No. 19 On Inc. 500 List of Fastest-Growing Companies
Leading independent corporate trade firm honored for three-year revenue growth of more than 11,000%
NEW CITY, N.Y., Sept. 18, 2020 /PRNewswire-PRWeb/ -- Anchor Trading, a full-service corporate trade company, has been named number 19 on the prestigious Inc. 500 list, the media brand's annual ranking of the nation's fastest-growing private companies. Anchor Trading was honored for its three-year revenue growth of 11,311%, among other achievements, and will be featured in the September issue of Inc. Magazine.
"Our ability to increase cash flow and improve EBITDA for companies across the country, especially during these difficult times, has been key in our continuing growth," said Sean Magee, founder and chief executive officer of Anchor Trading. Magee is a U.S. Navy veteran with more than 25 years of experience in the corporate trade and media industries. "This honor of being one of the twenty fastest growing private companies in the country is a testament to our team and its strategic, innovative work."
Anchor Trading is a full-service corporate trade company that provides financial and marketing solutions that help companies improve cash flow and EBITDA by recovering losses from underperforming assets including, but not limited to, excess inventory, real estate (owned or leased), fleet vehicles, trade claims and capital equipment. Anchor Trading purchases these assets at full original value with cash, trade or a combination of both. In trade, Anchor Trading provides a host of services including consumer media, retail marketing and sponsorship opportunities.
Each year, Inc. Magazine ranks the top 5,000 companies across the country to create the Inc. 500, which is featured in the print magazine, and the Inc. 5000, which is posted on its website. Not only have the companies on the 2020 lists been very competitive within their markets, but the list as a whole shows significant growth compared with prior lists.
The Inc. 500/5000 are ranked according to percentage revenue growth over a three-year period. Honored companies must be U.S.-based and privately held. Other qualifications include revenue in the initial year of at least $100,000 and revenue in the year prior of at least $2 million.
About Anchor Trading
Anchor Trading is a full-service, independent and veteran-owned corporate trade company that provides financial and marketing business solutions that help companies improve EBITDA and increase cash flow. Anchor is certified by the U.S. Department of Veteran Affairs, New York State Office of General Services, National Veteran-owned Business Association (NaVOBA), and the National Veterans Business Development Council (NVBDC). Founded by U.S. Navy Veteran and Advertising Industry Executive, Sean Magee, the company provides powerful business solutions to some of the most notable global brands. In addition to providing powerful business solutions, Anchor's mission continues to provide employment opportunities to Veterans while supporting select registered 501(c)(3) charities including Carry The Load, Legacies Alive, USO, VFW, Our Military Kids, Snowball Express and The PFC Joseph Patrick Dwyer Program.
To learn more about Anchor, please visit http://www.anchortrading.com or call Michael Pesick, Vice President of Business Development at (845) 582-3304.
SOURCE Anchor Trading
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