National Funding was recognized as a 2019 fastest-growing privately held company by both Inc. Magazine and the San Diego Business Journal
SAN DIEGO–(BUSINESS WIRE)–#AlternativeLending—National Funding, one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, is pleased to announce two recently recognized growth milestones. National Funding made Inc. Magazine’s 2019 Inc. 5000 7-time Honor Roll, and the company was also recognized by the San Diego Business Journal as one of San Diego’s Fastest-Growing Private Companies for the seventh consecutive year.
Inc. Magazine’s annual Inc. 5000 list is the most prestigious ranking of the nation’s fastest-growing private companies. Companies were ranked according to percentage of growth from 2015 and 2018. National Funding reported three-year revenue growth of 105 percent and ranked No. 3387. Based on its growth, the San Diego-based firm ranked No. 3 out of 10 other San Diego financial service companies on the Inc. 5000. To qualify, companies had to be U.S.-based, privately held, for-profit, and independent and have been founded and generating revenue by March 31, 2015. The minimum revenue required for 2015 was $100,000; the minimum for 2018 was $2 million.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow, or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
“Our seven consecutive years of recognition on the Inc. 5000 and the San Diego Top 100 Fastest Growing Companies lists is a tribute to our commitment to serve our small- to medium-sized business customers nationwide,” said CEO David Gilbert. “Our sustained growth is proof that we are providing a valuable service to business owners.”
National Funding made the 2019 San Diego Business Journal’s Top 100 Fastest-Growing Private Companies list based on the firm’s percentage of verified new growth from 2016 and 2018. National Funding earned its No. 58 rank with a reported 56 percent increase in revenue. To be considered, companies needed to be privately held, based in San Diego County and have earned at least $350,000 in 2016.
For more information about National Funding, visit https://www.nationalfunding.com.
For more information on Inc. and the upcoming Inc. 5000 Conference, visit https://conference.inc.com.
About National Funding
Founded in 1999, National Funding is a leading U.S. specialty finance company serving small- and medium-sized businesses. The company’s foundation is designed to serve American small business owners, by providing funding solutions to meet their needs to re-invest in their day-to-day operations and help them grow. National Funding’s digital loan process has elevated the company’s digital capabilities by delivering a simple and fast online application. Since 1999, National Funding and its subsidiary, Quick Bridge Funding have helped more than 60,000 small- to medium-sized businesses. For more information about National Funding, visit https://www.nationalfunding.com.
For National Funding
Susan Almon-Pesch, Publicist