Orlando, FL. August 25, 2017 - Once again, RP Funding has established itself as one of the fastest-growing businesses in the nation by placing 1139th on Inc.'s prestigious 5000 list for 2017, rising 531 spots from last year's position.
The Inc. 5000 showcases the most successful, fastest growing, privately held companies in the United States. Since 1982, Inc. magazine has annually ranked U.S. businesses based on their percentage of annual revenue growth over a three-year period. To qualify, companies must be privately held and report at least $2 million in revenue from the previous year.
RP Funding registered a 368 percent growth rate over the last three years and accumulated almost $70 million in revenue in 2016 alone. The company also made the Inc. 5000 in 2013 and 2014 after experiencing tremendous revenue growth from 2.6 million in 2009 to 12.1 million in 2012, producing an astounding increase of 359 percent. In 2013, RP Funding earned a highly revered place as number 1170 on the Inc. 5000.
Placement on the Inc. 5000 is a clear indication of RP Funding's substantially quick growth and success as an innovative mortgage lender. Receiving this recognition is one of the most notable achievements for entrepreneurs in the United States.
"We are especially honored by our placement on Inc. 5000 as it is a nationwide recognition," says Robert Palmer, RP Funding President and CEO. "Our success reflects our diligence, innovativeness, and focus on consumer empowerment. We would like to thank our clients as they are our inspiration and driving force."
Inc. describes RP Funding as a "no-fee, direct mortgage lender [that] offers low rates on home loans, including FHA, VA and USDA loans." In addition to their website, Inc. magazine has a notable 30-year history as a leading print publication for entrepreneurs.
A wonderful opportunity for entrepreneurs to meet, network, inspire one another, and celebrate their success, the Inc. 500/5000 Conference and Awards Ceremony is held annually during the month October in Washington, D.C.