ATLANTA--(BUSINESS WIRE)--FactorTrust, the leading provider of underbanked consumer data, analytics and risk scoring solutions, was recently recognized as one of the fastest-growing private companies in America by Inc. magazine in its 32nd annual Inc. 500|5000. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs.
“We look forward to continuing this pattern of achievement and are honored to be recognized with this prestigious award.”
In addition to being ranked 2406 on the Inc. 5000 list, FactorTrust was ranked 91st in Atlanta Metro Companies, as well as 99th in the Top 100 Georgia Companies, which is indicative of the company’s 150 percent sales growth over the last three years.
FactorTrust provides comprehensive data, analytics and risk management solutions to help lenders make informed lending decisions. This year the company launched the quarterly Underbanked Index, which highlights national data and trends based on expert analysis from FactorTrust’s database of millions of records related to underbanked consumers.
“This recognition as a high-growth company reinforces the growing market demand for a deeper understanding of who underbanked consumers are and how they can be reached,” said Greg Rable, FactorTrust CEO. “We look forward to continuing this pattern of achievement and are honored to be recognized with this prestigious award.”
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
FactorTrust has compiled the most comprehensive data on the underbanked market in the industry through lending portfolios that report data daily, in real time. This daily loan performance data on millions of underbanked consumers is analyzed and combined with leading third-party data attributes in order to provide instant lending decisions using the company’s comprehensive scoring platform. Lenders are continually faced with the challenge of how to effectively and intelligently manage risk to capitalize on this segment. This analysis uses data not typically reported to the credit bureaus, and is invaluable in helping consumers have access to better borrowing options, while also providing a more accurate assessment of the consumer for lenders. For more information, please visit www.factortrust.com or contact FactorTrust at 1-866-910-8494.
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.