Americor Ranks 24 on Inc. 5000’s Fastest Growing Companies List
Americor Funding has earned the rank of 24 out of the 5000 companies on the list. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.
IRVINE, CALIF. (PRWEB) AUGUST 12, 2020
Inc. Magazine unveiled its annual list of America’s fastest growing private companies this week – the Inc. 5000, the most prestigious ranking of the nation’s top private companies on the rise.
Americor Funding has earned the rank of 24 out of the 5000 companies on the list. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.
This achievement puts Americor in rarefied company including organizations such as Microsoft, Timberland, Vizio, Intuit, Chobani, Oracle, and Zappos.com. These well-known names also gained their first national exposure as honorees on the Inc. 5000.
Americor is one of the few companies to offer a unique hybrid approach to debt relief. It uses multiple relief techniques to save people as much money as possible while trying to preserve a good credit rating.
“Now more than ever, people are looking to trustworthy companies like Americor to help them find relief from mounting debts,” said CEO Benny Ganatra. “By putting people’s needs first, we earn the trust and respect of our customers which has translated into major growth year after year.”
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.
Americor looks forward to continued growth and successes in 2021 and beyond as many people look for a better approach to eliminating debt from their lives once and for all.
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.
About Americor
Americor provides debt solutions to individuals and families all over the country. Americor is a next-generation finance technology company with a proprietary platform designed to help clients get out of debt. Americor partners with people in need of debt relief to develop strategies to achieve a debt-free lifestyle. To learn more about how Americor can help relieve the burden of debt, please visit the company website at americor.com.
The original press release can be found here.
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