Louisville, KY, Sept. 12, 2011 (GLOBE NEWSWIRE) -- Quadrant Financial, a leading national small business lender, announced today that the company has been named to the esteemed Inc. 5000 list, a compilation of the fastest growing private companies in the United States. This is the company's first year on the list. Businesses are ranked according to their percentage revenue growth over a three year period. Quadrant Financial joins Spirit Airlines, television maker Vizio, Honest Tea, Dunkin Donuts and Metrokane, makers of the Rabbit corkscrew, among other prominent brands featured on this year’s list.
Quadrant Financial ranked number 957 on the list with a growth rate of 318% over the last three years. The company maintains offices in 9 states, employs more than 30 industry professionals, and has originated in excess of half a billion dollars in loans to assist small businesses across the United States.
"Now, more than ever, we depend on Inc. 5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is," said Inc. magazine Editor Jane Berentson.
Upon learning of the distinction, Quadrant CEO John Handmaker noted "When my partner & I founded Quadrant 10 years ago it was as an entrepreneur’s dream. I have been honored to lead the company as it has steadily grown into a thriving business. I am very proud of this accomplishment and grateful to our borrowers, referral sources, and employees, without whom none of this would be possible."
About Quadrant Financial, Inc.
Quadrant Financial, Inc. is a subsidiary of First Chatham Bank (Savannah, GA) which lends nationally and is actively offering SBA 7a, SBA 504, USDA, and Conventional small business loans through a series of loan origination offices in many major U.S. markets. The company’s primary focus is on the superior delivery of small business and government sponsored loan products. This singular focus on one core line of business has allowed Quadrant to become a premier business lender throughout the United States.
For more information about Quadrant Financial, Inc., please visit our website at www.quadrant-financial.com
The company logo is available for download at http://www.globenewswire.com/newsroom/prs/?pkgid=10494
Methodology
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. 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.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.