Resource Financial Services Makes Inc. Magazine’s List of 500 Fastest-Growing Private Companies for Second Time
Staff Report From Columbia CEO
Thursday, August 15th, 2019
Resource Financial Services, a privately owned retail mortgage banking firm serving the Southeast, was recently ranked in the top 10 percent of Inc. magazine’s annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing companies.
Resource Financial is listed at No. 488 on the prestigious list, which represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
This is the second time Resource Financial Services has made the prestigious list, having been named No. 227 in 2012. Of the tens of thousands of companies that have applied to the Inc. 5000, only a fraction have made the list more than once. The company’s revenue jumped 900% percent from 2015 to 2018, the three years tracked by the Inc. magazine editorial team.
“We are continually seeking the best customer experience for our clients, while maintaining a best-of-class culture for our associates and business partners,” said A. Wade Douroux, President and CEO of Resource Financial Services. “We accomplish this by delivering the highest-quality loan solutions, remaining vigilant in quality control and utilizing the industry’s best tools.”
Not only have the companies on the 2019 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
Resource Financial, along with the other top 500 companies, will be profiled in Inc.’s September issue. It will be available at newsstands Aug. 20.