Inc. Magazine ranked Channel Partners Capital #176 on its 35th annual Inc. 500, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment— its independent small businesses. Companies such as Microsoft, Dell, Domino’s, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 500.
This is the fourth consecutive year Inc. Magazine has ranked Channel Partners Capital among the fastest growing companies in America. After being honored as an Inc. 500 member in 2013 and an Inc. 5000 member in both 2014 and 2015, Channel Partners Capital ranked #176 in 2016 with 2,074% growth. With this level of growth Channel Partners Capital was twelfth amongst the financial services industry and third within the state of Minnesota.
Channel Partners was established in 2009 and its affiliate Channel Partners Capital in 2011 to hold working capital loans with terms of up to 24 months to a wide range of U.S. based small businesses with revenues typically ranging from $200,000 to $10,000,000. Channel Partners Capital has originated loans to over 4,000 small businesses, generating loan receivables of over $200 million. “It’s an honor to receive this recognition all four years we’ve been eligible,” said Brad Peterson, CEO of Channel Partners Capital.
The Inc. 500/5000, produced annually by Inc. Magazine, uses revenues and other growth metrics over a three-year period to calculate the 5000 companies nationwide showing the most rapid growth. Channel Partners Capital joins a very select group of businesses in being honored four years in a row.
Channel Partners Capital (CPC) is a leading provider of small business working capital loans. CPC delivers loans exclusively through partnerships with equipment leasing and finance companies. Since its founding in 2009, CPC has originated over 4,000 loans generating loan receivables of over $200 million exclusively through these partnerships. CPC is one of a limited number of full service, small business fin-tech lenders making successful efforts to fill the large and growing gap in small business credit availability, which is estimated at over $100 billion.