INC 5000: Three Cheers for Three Years in a Row!

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INC 5000: Three Cheers for Three Years in a Row!

Ignite Funding moves up the ranks to No. 4,707 on INC 5000’s list of fastest-growing, privately owned companies for the 3rd consecutive year.

To help put this accomplishment into perspective, take a look at the qualification requirements:

2022 Qualifications

A company must have met or exceeded the below qualification requirements to apply.

  • Be privately owned (not a subsidiary or division of another company), and based in the U.S.
  • Had started earning revenue by March 31st, 2018.
  • Had revenue no less than $100,000 in 2018.
  • Had revenue no less than $2M in 2021.

Last Year’s Achievements

Ignite Funding had a banner year last year, which helped contribute to their significant jump up in the ranks. Ignite Funding facilitated 75 loans for 26 borrowers funded with over $250M in private investor capital, and over $20.8M in interest income was paid out to those investors.

Compare it to 2020 where Ignite Funding facilitated 49 loans for 27 borrowers funded with $177M in private investor capital and paid out over $14.3M in interest income to investors.

Poised for Continued Growth

Ignite Funding recently moved into a new office location to make room to grow their team to keep pace with their borrower and investor needs.

“This move doesn’t mean that we are going to grow from 20 to 100 employees overnight,” says Carrie Cook, President of Ignite Funding. “I still believe that what a business needs to be successful is a small group of dedicated professionals, we have already proven that. We will continue to maintain that steady growth in our team as it’s needed over time.”

Thank you

Thank you to the loyal borrowers and investors that have helped Ignite Funding achieve recognitions like this by continuing to choose Ignite Funding to fill the gap in lending and investment opportunities.

Click the image below to watch this special message from the team:

 

By Stephanie on Sep 19, 2022 8:00:00 AM | | | 1 Comment