American Lending Center and Sunstone Management Rank on Annual 2022 Inc. 5000 List of Fastest Growing Companies
IRVINE, Calif.–(BUSINESS WIRE)–Today, Inc. revealed that American Lending Center (under American Lending Center Holdings (ALC)) and Sunstone Management are ranked No. 935 and No. 4,167, respectively, on its annual Inc. 5000 list, the the most prestigious of the fastest growing private companies in America. The list represents a unique look at the most successful businesses within the most dynamic segment of the economy – its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia and many other well-known names got their first national exposure as winners of the Inc. 5000.
Leading non-bank lending institution ALC reported a revenue growth rate of 685.69%, while sister company Sunstone Management, a privately held diversified capital management and investment firm, reported growth of 112% . ALC came in at No. 147 in California, No. 66 in financial services and No. 57 in Los Angeles. Sunstone landed at No. 593 in California, No. 278 in financial services and No. 250 in Los Angeles.
“We are honored to be named to this remarkable list for the third consecutive year,” said John Shen, an accomplished financial services entrepreneur and founder of both companies. “ALC and Sunstone’s work supporting U.S.-based small businesses is more important than ever, and we’re excited to see our efforts grow alongside our Southern California community.”
The 2022 Inc. 5000 companies have not only been successful, but have also shown resilience in the face of supply chain issues, labor shortages and the continued impact of Covid-19. Among the top 500, the three-year average median revenue growth rate jumped to 2,144%. Together, these companies have added more than 68,394 jobs over the past three years.
Full results from the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region and other criteria, are available at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23.
“The accomplishment of building one of the fastest growing companies in the United States, in light of recent economic headwinds, cannot be overstated,” says Scott Omelianuk, Managing Editor of Inc. “Inc .is delighted to honor companies that have established themselves through innovation, hard work and the ability to meet today’s challenges.
About the American Lending Center: Fastest growing American company according to the Financial Times (FT)
American Lending Center (ALC) is a private, non-bank lending institution and a nationally recognized leader in small business lending. Between 2009 and 2020, ALC offered strategically structured senior loan products to more than 80 qualified SBA 504 projects in 19 states, contributing to a combined construction and business expansion budget of over $1 billion. ALC’s lending practice has successfully created over 12,000 new jobs nationwide. As one of the few non-bank institutions designated to provide immediate financial assistance to struggling small businesses, ALC has provided PPP loans to nearly 30,000 small businesses in all 50 states and Washington, DC.
About Sunstone Management: Fastest growing American company according to the Financial Times (FT)
Sunstone Management is a diversified private equity firm located in Southern California that invests in diverse early-stage technology entrepreneurs who demonstrate the promise of building great businesses. We believe in the aspirational power of Southern California to attract and inspire the world’s most sophisticated investors and ambitious entrepreneurs. We offer exciting new opportunities for economic growth through the creation of innovative public-private partnerships and our unique experience in the public, educational and private sectors.