NEW YORK (PRWEB) NOVEMBER 07, 2019
Crain’s New York has named PIRS Capital, a leading fintech alternative lender specializing in Merchant Cash Advances, on its annual Fast 50 list. Founded in 2013, this marks PIRS Capital’s first time on the list, thanks to the company’s exponential growth of 230% over the last three years.
The Crain’s New York Fast 50 list ranks the fastest growing public and private companies that are outpacing the competition. To qualify for the Fast 50, applicants are required to be at least four years old, generate at least $10 million in 2018 revenue and be headquartered in the New York metropolitan area. Companies such as Peloton Interactive, Policygenius, Oscar, and many other well-known names have made this exclusive list for 2019.
“There are close to 220,000 businesses located in the city and 98% of them are small businesses. To be selected among only 50 other esteemed and high growth companies in the area is an immense honor” said Andrew Mallinger, Chief Operating Officer at PIRS Capital.
Since inception, PIRS Capital has continued to garner attention in the financial services industry as being a reliable direct lender that genuinely cares about the long-term success of their clients. PIRS Capital has prided themselves on making disciplined and intelligent credit decisions with the business owner’s best interest in mind, which has contributed to the growing demand of their services.
In August 2019, PIRS Capital announced ranking No. 1770 on Inc. Magazine’s annual Inc. 5000 list of the nation’s fastest growing private companies. They were one of only 239 companies that topped the list in the financial services industry and top 5 in growth within Merchant Cash Advance companies specifically.
“We’re grateful to have our efforts recognized by Crain’s New York this year” said Faisal Khan, Director of Marketing at PIRS Capital. “We pride ourselves on our customer focused business model and our inclusion in the Crain's Fast 50 is a testament to the value we bring to our partners and small-business owners every day."
A full list of the winners can be viewed in this week’s Crain’s New York Business and online at www.crainsnewyork.com/awards/2019-fast-50.
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
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Source: Company press release.