(West Hollywood, CA) – Signature Card Services, the leading payment processing company, today announced that it was named one of the fastest-growing companies in America by Inc. magazine. The company is a new addition to the 35th annual Inc. 5000 list, an all-inclusive look at America’s independent entrepreneurs with notable alumni such as Intuit, Zappos, Under Armour, Microsoft, GoPro, Timberland, Clif Bar, Patagonia, and Oracle.
“We are proud to be recognized as one of America’s fastest-growing companies by Inc. magazine and are humbled to be in great company with so many outstanding organizations,” said Cliff Teston, the company’s President and CEO. “The fact that we are considered one of America’s fastest-growing companies after 20 years in business is a huge accomplishment.”
The 2016 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 23), is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 433%. The Inc. 5000’s aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about 8% of all jobs created in the entire economy during that period. 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 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million.
About Inc. Media and the Inc. 500/5000
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. It is the winner of the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has grown significantly – from 2,000,000 in 2010 to over 13,000,000 today.
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success.
About Signature Card Services
Signature Card Services, a 20-year-old provider of payment processing services, offers affordable, convenient, and secure payment processing solutions to retail, ecommerce, mobile, mail/telephone order, and home-based businesses. Signature Card Services is a member of the Better Business Bureau (BBB), the Electronic Transactions Association (ETA), and the Merchant Acquirers’ Committee (MAC). To learn more, please visit signaturecard.com.