Rock Hill, NY, Sept. 26, 2012 (GLOBE NEWSWIRE) -- Cinium Financial Services Corporation ("Cinium"), a leader in credit and bonding for the construction trades, has been named to the 31st annual INC 500 list of the fastest growing private companies in America. Cinium has earned a ranking of 257 overall and 16th in the financial services category after displaying significant growth over the last three years. With inclusion to the INC 500 list, Cinium now shares a pedigree with an elite group of companies like Microsoft, Charles Schwab, Facebook, and Levis.
"We are very pleased that the INC 500 recognized all the hard work of our employees. We have an exceptionally dedicated and diligent group of outstanding employees," said Robert Berman, the CEO of Cinium.
Through its retail brand the Ox, Cinium offers a unique and innovative product that supports small and mid-sized contractors throughout the construction process by providing bonding, working capital, and other support services. Cinium's Ox Bonding also offers traditional commercial surety bonds to the millions of American businesses that are required to post a bond under the terms of their licenses. Cinium has also launched Ox Credit this year to offer commercial contractors working capital advances.
"Cinium prides itself in its creative ability to serve our clients. We are very happy to have been able to help our clients compete through the last few years of economic uncertainty," said Jeff Camp, the CFO of Cinium. "Our success is due to our devoted employees and wonderful clients."
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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.
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About Cinium Financial Services Corporation
Headquartered in Rock Hill, NY Cinium Financial Services Corp. subsidiaries include a licensed and admitted property and casualty insurance company, licensed insurance agency, risk management group, and an affiliate that provides financing and working capital advances. Through its brand, the Ox, Cinium offers financial and credit enhancing services to construction trades, including bonding, credit, and payroll.
For more information visit Cinium's website www.cinium.com.