Lease Corporation of America (LCA) rose to 14 on the Monitor’s Top Private Independents list of private independent leasing companies, up from 19 the previous year.

Based on new business volume, LCA was the 5th fastest-growing company to take part in the survey, reporting $148.5 million in new business volume in fiscal year 2015 for an increase of 26.2 percent from the previous year.

“Two years ago, LCA’s leadership decided to grow our companies with a five-year investment plan of adding skilled, experienced and dedicated people to our workforce and state-of-the-art automation tools to enhance our administrative, marketing and sales efforts,” said LCA Chairman John B. Kemp. “These investments have already produced exceptional results, and LCA will remain committed to these efforts to ensure we are providing the highest level of service to our business partners and customers.”

As of the end of February 2016, LCA has booked, accounted for and reported on more than 86,000 leases since 1988, with lease volume over $1.2 billion. The company plans to increase its salesforce and overall workforce by as much as 40 and 20 percent respectively by the end of November 2016.