NEW YORK (PRWEB) AUGUST 22, 2019
Inc. magazine has announced that PIRS Capital is No. 1770 on its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. Founded in 2013, this marks PIRS Capital’s first time on the list, thanks to the company’s explosive 230% growth over the last three years.
PIRS Capital is a leading fintech alternative lender specializing in Merchant Cash Advances. The company has achieved unparalleled results over the past few years after making significant upgrades to their technology and advancements to their credit scoring models. Their ongoing momentum and success speaks to the power of being a direct lender that puts their clients first and makes funding decisions with the business owner’s best interest in mind.
The Inc. 5000 list represents a unique look at the most successful companies within the American economy's most dynamic segment—its independent small businesses. Companies such as Microsoft, LinkedIn, Dell, Chobani, Zillow, Oracle, Zappos, Intuit, and Yelp, and many other well-known names have been previously honored on this elite list.
“We are very thankful for the Inc. 5000 recognition and to be on the most prestigious ranking of the nation’s fastest-growing private companies," said Andrew Mallinger, Chief Operating Officer at PIRS Capital. "Our remarkable growth is a testament to our team, our partners and valued clients. In an ever-evolving industry, PIRS Capital knows the value of ‘doing the right thing’ and focusing on our customers before anything else. It really goes to show that this type of growth can still be realized when making disciplined, smart credit decisions with the best interests of Americas Small Businesses in mind.”
PIRS Capital is one of only 239 companies that topped the list in the financial services industry and is in the top 5 in growth within Merchant Cash Advance companies specifically. In a saturated market, small business owners have many options, but PIRS Capital has successfully differentiated themselves and aims to continue to be at the forefront of innovation in their industry.
“Making the Inc. 5000 list is a major accomplishment” said Faisal Khan, Director of Marketing at PIRS Capital. “Every one of our team members has contributed to our growth and being recognized by INC. further motivates us to provide our clients and partners with services that keep raising the bar time-and-time again.”
The companies on the 2019 Inc. 5000 are top performers within their markets, but the entire list also shows staggering growth compared to prior lists. “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.”
About Inc 5000
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. For more information, see www.inc.com/inc5000.
About PIRS Capital
PIRS Capital launched in 2013 with one objective in mind: to ensure client success when funding small businesses across the nation. Since then, PIRS has always strived to differentiate themselves for their customers and partners by making intelligent, personalized, tech-enabled business decisions that ensure mutual success. Learn more at pirscapital.com
Source: Company press release.