Louisville, KY, Sept. 10, 2012 (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. The list represents the most comprehensive look at a critical segment of the economy - America's independent entrepreneurs which are ranked according to their percentage revenue growth over a three year period. This is Quadrant Financial's second year on the list. Quadrant joins Yelp, yogurt maker Chobani, Giftcards.com, KIND, and famed hat maker Tilly's, among other prominent brands featured in the 2012 ranking.
Quadrant Financial ranked number 1235 on the list with a growth rate of 251% over the last three years. The company maintains offices in 8 states, employs approximately 30 industry professionals, and has originated in excess of three quarters of 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," says Inc. Editor Eric Schurenberg.
Upon learning of the distinction, Quadrant CEO John Handmaker noted "When my partner & I founded Quadrant 11 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
Methodology
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
About Inc. Magazine
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.
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