Channel Partners Capital, a nationwide provider of small business financing, was ranked No. 1,507 among the 5,000 fastest-growing private companies in the U.S. by Inc. magazine. This is the eighth consecutive year for Channel Partners Capital on the Inc. 500/5000 list.
“Achieving that level of growth year after year represents the strength of our equipment finance company partnerships, the passion of our employees and a product suite that provides convenient access to financing for growing businesses,” Channel Partners Capital Founder and CEO Brad Peterson said. “We are fortunate to have an experienced leadership team that focuses on our partnerships, our brand and our market reputation.”
“Of the tens of thousands of companies that have applied to the Inc. 5000 over the years, only a fraction have made the list more than once,” states Scott Omelianuk, Editor in Chief, Inc. Media. “A mere 1 percent has made the list eight times.” Channel’s eight-year run is truly an extraordinary accomplishment.
In May 2018, Channel closed on a mid-eight figure equity investment and a senior debt facility that will support over $300 million in annual funding, making Channel one of the most financially stable companies in the industry.
In August 2020, Channel Partners added equipment finance to is family of businesses, forming Channel Partners Equipment Finance. The group is based in the Channel Partner’s Minnetonka, MN, office and is being led by industry veteran Cindy Fleck. For more on the founding of the Channel Partners Equipment Finance, see an Equipment Finance Advisor interview with Fleck.
Since its founding in 2009, Channel has originated over 9,000 loans and over $500 million of small business financing; transactions typically range from $10,000 to $250,000. Channel is a full-service funding source successfully filling the gap in small business credit availability.