American Lending Center Ranks on the 2023 Inc. 5000 Annual List of Fastest Growing Companies, Fourth Year In A Row
IRVINE, Calif.–(BUSINESS WIRE)–Inc. revealed today that American Lending Center (under American Lending Center Holdings (ALC)) ranks No. 3,053 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
This is the fourth year in a row that ALC has made the prestigious list. ALC is headquartered in Irvine, California.
“This is such an honor and validation of our business approach,” said John Shen, founder and CEO of ALC. “The continued growth of our company is a tribute to the hard work of our dedicated employees and the amazing personal customer service they provide. I am extremely proud of them and their accomplishments.”
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23.
“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
About American Lending Center Holdings: A Financial Times (FT) Americas’ Fastest Growing Company
American Lending Center Holdings is the parent company of American Lending Center, a private nonbank lending institution and nationally recognized leader in small business lending. ALC has offered strategically structured senior loan products to 83 qualified projects in 19 states, contributing more than $1.2 billion to the economy and creating more than 13,000 new jobs nationwide since 2009. ALC is headquartered in Irvine, Calif., doing business across the country and the world. Follow American Lending Center on LinkedIn, Facebook, and Twitter.