Fountainhead ranked #32 on the Inc. Magazine list of the
ORLANDO, Fla., March 15, 2022 (GLOBE NEWSWIRE) — inc The magazine announced today that Fountainhead is a non-bank direct lender No. 32 on its third annual Inc. 5000 Regionals: Southeast list, the most prestigious ranking of the fastest growing private companies based in Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Puerto Rico, South Carolina and Tennessee. Developed from the annual Inc. 5000 franchise, this regional list provides a unique view of the most successful companies in the Southeast region’s most dynamic segment of the economy – their independent small businesses.
“We are thrilled to be recognized as one of the fastest growing companies in the region,” said founder and CEO Chris Hurn. “This high ranking is only possible because of the hard work and dedication of the entire Fountainhead team over the past two years. Not only have we weathered the economic turmoil caused by the pandemic, but we have also successfully grown and managed to help America’s small businesses through it.”
The companies on this list show a remarkable growth rate across all industries in the Southeast region. Between 2018 and 2020, these 173 private companies experienced an average growth rate of 147%, and in 2020 alone they added 27,794 jobs and nearly $4.9 billion to the Southeast region’s economy. Companies based in the Miami, Florida, Fairhope, Alabama, and Covington, Louisiana areas saw the highest overall growth rate.
The complete Inc. 5000 Regionals: Southeast results, including company profiles and an interactive database sortable by industry, metro area and other criteria, will be available March 15, 2022 at inc.com/southeast.
“This year’s Inc. 5000 regional winners represent one of the most extraordinary and exciting lists of America’s extraordinary growth companies. They are disruptors and job creators, and all have had an outsized impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing from for years to come,” said Scott Omelianuk, Editor-in-Chief of Inc.
Founded in 2015, Fountainhead is one of only 14 Small Business Administration (SBA) authorized Unbanked Direct Lending Companies (SBLCs, or Small Business Lending Companies) nationwide specializing in financing commercial real estate projects and providing growth financing for small to medium-sized businesses have companies using SBA 7(a), SBA 504, conventional low-LTV loans – and more recently PPP (Paycheck Protection Program) loans. Fountainhead made the top 100 list of the most active SBA lenders in the country in its first full year of operation and earned SBA’s coveted Preferred Lending Partner designation in 2019. In seven short years, Fountainhead has grown to become the largest SBA-approved non-bank lender in the Southeast, the third-largest Florida-based SBA lender, and the fastest growing Orlando-based company. The company has lent and funded projects totaling more than $5.45 billion in all 50 states and six territories, which has helped create or sustain an estimated 480,000 jobs.
During the COVID-19 pandemic, Fountainhead’s team of 16 Orlando-based employees and another 13 nationwide funded more than $4.72 billion in relief funds, by far the largest PPP lender in Central Florida. In fact, of all PPP loans made to Florida-based businesses in 2021, Fountainhead originated 6.67% ($40,093 for $487.61 million), more than any other lender in the state. In 2021, the company also received recognition as the sixth most active PPP lender in the country, saving an estimated 430,000 American jobs nationwide.
For more information on Fountainhead or ways to grow your small to medium sized business, visit FountainheadCC.com.
Founded in 2015, Fountainhead is one of 14 U.S. Small Business Administration (SBA) nationally authorized unbanked direct lending firms specializing in financing commercial real estate projects and providing growth financing to small and medium-sized businesses using SBA 7(a ) have specialized. SBA 504 and Traditional Low LTV Loans. The nonbank lender is the largest SBA-approved nonbank lender in the Southeast, the largest Florida-based SBA lender, and was recently named the ninth fastest growing company in Orlando. Fountainhead’s team has been involved in financing projects totaling more than $24 billion throughout their career, making them one of the most experienced teams in commercial lending to small and medium-sized business owners.
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More about inc and the Inc. 5000 Regionals
The 2022 Inc. 5000 Regionals are ranked by percentage revenue growth comparing 2018 and 2020. To qualify, companies must be incorporated and generate revenue by March 31, 2018. They had to be US residents, privately held, for-profit, and independent — not subsidiaries or divisions of other companies — as of December 31, 2019. (A number of companies on the list have since gone public or been acquired.) The for 2018 minimum sales requirement is $100,000; The minimum for 2020 is $1 million. As always, Inc. reserves the right to reject applicants on subjective grounds.
About Inc. Media
The World’s Most Trusted Business Media Brand, Inc. provides entrepreneurs with the knowledge, tools, connections and community to build great businesses. Its award-winning, multi-platform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts and print media. Its prestigious Inc. 5000 list, produced annually since 1982, analyzes company data to identify the fastest growing privately held companies in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best companies the opportunity to connect with an exclusive community of their peers and the credibility that helps them grow sales and recruit talent.
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