Inc. magazine ranked Coast Professional, Inc. (Coast) No. 1008 on its sixth annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Coast joins numerous Financial Services organizations on the list and was ranked No. 57 of the total 247 companies in this category.
Everett Stagg, President/COO, and Brian Davis, CEO/CFO, both attributed the company’s success to the Coast Team.
“We are pleased to be recognized by Inc. for our incredible growth over the last three years. Our growth is a direct result of our business partners’ loyalty and success in utilizing Coast’s services and our Management Team’s dedication to exceeding expectations,” said Stagg.
Brian Davis stated, “We are very excited to be recognized as one of the fastest growing companies in America by INC magazine. It is a genuine honor to be part of this prestigious group of the best and brightest and the credit for this achievement is completely due to the dedication and professionalism of our Team. We have the best our industry has to offer and we are thrilled with this latest achievement.”
In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year’s list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion. 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/5000.
“Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. Editor Eric Schurenberg.
Coast Professional, Inc. focuses exclusively on the collection of educational receivables. Since 1976, Coast has worked closely with clients to increase recoveries by assisting borrowers in resolving their financial obligations. Coast’s focus on education is exemplified by higher than average recoveries, superior service, and dedication to the highest levels of compliance.