Visual Lease, a provider of lease accounting and management software, was named No. 10 on NJBIZ’s list of New Jersey’s 50 Fastest Growing Companies in 2020.

The awards program honors New Jersey companies that contribute to the state’s economic growth and stability. Visual Lease’s revenue nearly quadrupled from 2017 to 2019, and to support its ongoing expansion, the organization has grown its headcount by 325% over the last three years.

“We are incredibly honored and humbled to be named among the fastest-growing companies in New Jersey,” Marc Betesh, founder and CEO of Visual Lease, said. “Visual Lease’s debut on this list can be attributed to our industry-leading lease optimization software and unparalleled customer experience. Our 98% customer retention rate is undoubtedly powered by a dedicated and growing team, and I look forward to what we will continue to accomplish together.”

To qualify for this award, companies must have reported revenue of at least $500,000 each year from 2017 to 2019.

Earlier this year, Visual Lease gained recognition within the top 10% on the Inc. 5000 list of fastest growing companies in America and the top third of high-growth companies on the Deloitte 2020 Technology Fast 500. Visual Lease also was recognized by NJBIZ as one of the Best Places to Work in New Jersey. Since 2016, Visual Lease has grown its employee base by more than 1,000%. The company plans to increase headcount by an additional 50% in 2021.