US Business Funding posted its unaudited revenue results for 2018, which included record growth for the company.

Comparing the first half of 2017 to the first half of 2018, US Business Funding generated $89 million in revenue versus $37 million in 2017, a 239% increase. The company is currently on pace to exceed the previous highest full-year revenue by over 100%.

US Business Funding achieved its increase in revenue year-over-year through both new and repeat clients.

CEO Peter Ribeiro commented, “We have been able to grow at a rapid pace due to our proprietary marketing technology that give us unlimited leads with a very lost cost per acquisition compared to the competitors we have in the market. At the same time we have developed a lot of strategic partnerships on the equipment and working capital side of business that has given us a great boost. We anticipate these growth figures to continue to climb as we scale the business.”

Headquartered in Santa Ana, CA, US Business Funding provides small business loans, working capital and equipment leases to new and established businesses. It is an Inc. 500 Featured Company.