Channel Partners Capital Makes Inc. 5000 for Seventh Consecutive Year
AUG 23, 2019 - 6:40 am
Channel Partners Capital, a nationwide provider of small business working capital, was ranked 961 among the 5,000 fastest-growing private companies in the U.S. by Inc. magazine for the seventh straight year in 2019.
“Our consistent growth results from the strong relationships we build with equipment finance partners and their customers,” says Brad Peterson, CEO of Channel Partners. “We work hard to provide convenient, easy access to growth capital for small business customers who are often acquiring equipment at the same time. Leveraging these connections ensures that our partners are in the right place at the right time to help small businesses with their working capital needs.”
“Of the tens of thousands of companies that have applied to the Inc. 5000 over the years, only a fraction has made the list more than once,” said James Ledbetter, editor in chief of Inc. Media. “A mere one and a half percent of companies have made the list 7 times.”
That makes Channel’s accomplishment ranked among the elite.
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 fundings, allowing Channel to continue its trajectory of growth as one of the most financially stable companies in the industry.
Based in Minnetonka, MN, Channel Partners Capital provides small business working capital across the U.S., partnering exclusively with equipment leasing and finance companies. Since its founding in 2009, Channel has originated more than 8,000 loans, generating receivables of over $400 million. Deals typically range from $10,000 to $250,000.
Participating in the circular economy is clearly a good move for the planet. Plus, according to research from Accenture, it could create $4.5 trillion in economic growth by 2030 and up to $25 trillion by 2050. Equipment finance companies are... read more
What does innovation mean to you? What makes a company truly innovative? Deborah Reuben: Innovation is all about new processes, new products, new approaches, new methods, new ways of doing things that really improve the human experience in some way... read more