ForwardLine Financial Named to Inc. Magazine's Annual Exclusive List of America's Fastest-Growing Private Companies--the Inc. 5000
ForwardLine Financial, a leading provider of loans to small businesses, has been ranked as one of the fastest growing companies by Inc. magazine on its annual Inc. 5000 list.
WOODLAND HILLS, Calif., Aug. 14, 2020 /PRNewswire-PRWeb/ -- Inc. magazine ranked ForwardLine Financial as one of the fastest growing companies on its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment—its independent small businesses. ForwardLine joins Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names who gained their first national exposure as honorees on the Inc. 5000.
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000's aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
"At ForwardLine we are committed to responsible, scalable growth and are extremely proud of the achievements we have achieved to date in helping our small business customers grow their businesses" said Steve Carlson, CEO of ForwardLine. "We are excited to make the Inc. 5000 list and will continue to work hard to deliver on our mission of helping improve the financial health of America's small businesses. An effort that has never been more relevant than during the current economic climate."
"The companies on this year's Inc. 5000 come from nearly every realm of business," says Inc. editor-in-chief Scott Omelianuk. "From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism."
About ForwardLine
ForwardLine Financial, a nationwide non-bank lender, has been successfully providing small businesses with fast, convenient financing alternatives to traditional business loans since 2003. ForwardLine combines technology, non-traditional credit algorithms, and a direct sales model to offer attractive pricing and address a market not captured by traditional banks.
For more information, please contact ForwardLine's marketing department at 866.623.4900, email [email protected] or visit the ForwardLine website at https://www.forwardline.com
More about Inc. and the Inc. 5000
Methodology
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 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/inc5000.
About Inc. Media
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.
SOURCE ForwardLine Financial
Share this article