In The News
National Funding makes Inc. magazine’s prestigious Inc. 5000 list five consecutive years reporting 185% growth from 2013 – 2016 for the new 2017 list.
SAN DIEGO, Calif.–(BUSINESS WIRE)–National Funding, one of the country’s leading financial technology companies for small and medium-sized businesses, ranked as one of the nation’s fastest-growing private companies on two prestigious lists. In July, the San Diego Business Journal named National Funding its No. 62 fastest growing San Diego company with 94% growth from 2014 – 2016. In August, Inc. magazine ranked the financial services company No. 2030 on its 36th annual Inc. 5000 with 185% growth from 2013 – 2016.
“It’s a distinct honor to be recognized on the Inc. 5000 for five consecutive years”
The Inc. 5000 is 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- and mid-sized businesses. Companies such as Microsoft, Dell, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.”The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive,” says Inc. President and Editor-In-Chief Eric Schurenberg. “The founders and CEOs of the Inc. 5000 tell us they think determination,”The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive,” says Inc. President and Editor-In-Chief Eric Schurenberg. “The founders and CEOs of the Inc. 5000 tell us they think determination, risk-taking, and vision were the keys to their success, and I believe them.”
“It’s a distinct honor to be recognized on the Inc. 5000 for five consecutive years,” said David Gilbert, CEO of National Funding. “Our sustained growth is a tribute to our exceptional employees and 20 years of delivering more than $1.5 billion in capital for more than 25,000 businesses nationwide. We’ve achieved our longevity by building strategic relationships with small- to medium-sized businesses like those who make the Inc. 5000 list. Our philosophy is to provide solutions that meet and exceed the needs of our customers.”
Methodology
The 2017 Inc. 5000 is ranked according to percentage revenue growth when comparing 2013 to 2016. To qualify, companies must have been founded and generate revenue by March 31, 2013. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2016. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2013 is $100,000; the minimum for 2016 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 https://www.inc.com/inc5000
About Inc. Media
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. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 18,000,000 today. For more information, visit https://www.inc.com
About National Funding
Founded in 1999, National Funding is one of the country’s leading financial technology companies for small and medium-sized businesses, providing working capital loans, equipment financing, merchant cash advances, and merchant services. The company believes in American small business owners, and strives to provide fast turnaround, flexible solutions and great service to all its customers and clients in a diverse range of industries including: construction, excavation, manufacturing, retail, packaging, printing, restaurant, telecommunications, trucking, transportation, and waste management, among others. For more information, please visit https://www.nationalfunding.com
Many people believe that “alternative finance” started in 2005. US giant Lending Club was launched in 2007, two years after the arrival of major UK consumer lender Zopa. However, at least one market participant has been around for much longer. National Funding was launched in 1999. As such, it has weathered the 2002 downturn, and of course the