ATLANTA--(BUSINESS WIRE)--Equity Loans LLC, a leader in the residential mortgage industry whose operations extend to more than 30 states, announced today that it has been named to the Inc. 500|5000 list of fastest growing companies in America, achieving a three-year sales growth of 655 percent. The Inc. 500|5000 list is the most comprehensive look at the most important segment of the economy – America’s independent-minded entrepreneurs.
“Atlanta’s Best and Brightest Companies to WorkTM”
In addition to its overall ranking, Equity Loans was ranked in the top 100 financial services companies, top 100 Georgia companies and one of the top companies in the Atlanta metro area.
“Not all the companies in the Inc. 500|5000 are in glamorous industries, but in their fields, they are as famous as household name companies simply by virtue of being great at what they do,” said Eric Schurenberg, editor of Inc. magazine. “They are the hidden champions of job growth and innovation, the real muscle of the American economy.”
“The mortgage industry has been in flux for several years, and Equity Loans’ placement on the Inc. 500|5000 list is a testament to our ability to sustain growth and profitability amidst the challenges in today’s housing market,” said Kunjan “KP” Patel, CEO of Equity Loans. “It is an honor to be recognized among the elite group of the fastest growing private companies in America. The hard work and dedication of our employees have been the driving force behind Equity Loans’ growth, and as the market continues to recover, we expect that growth to continue for years to come.”
This award continues recent momentum for Equity Loans, which was recently ranked as one of the nation’s top mortgage lenders by Scotsman Guide magazine. Earlier this year, Equity Loans was also named one of “Atlanta’s Best and Brightest Companies to WorkTM” for by the National Association For Business Resources (NABR). The lender has also experienced rapid growth in 2013, adding four new offices in two new markets and making several new additions to its management team.
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. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 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 www.inc.com/500.
About Equity Loans
Equity Loans LLC is a leader in the residential mortgage industry whose operations extend to more than 30 states. Headquartered in Atlanta, Ga., Equity Loans provides a full array of lending resources when making Conventional, FHA, VA, Jumbo, Reverse Mortgages and USDA loans. With a dedicated staff of experienced professionals, Equity Loans provides exceptional pricing for thousands of clients annually, without compromising follow through and customer service. For more information on Equity Loans, please visit www.equityloans.com.