ROANOKE, VA ? For the third consecutive year, Atlantic Credit & Finance, Inc. (www.atlanticcreditfinance.com) has earned the distinction as one of America?s fastest growing private companies by being named to Inc. Magazine?s 23rd annual Inc. 500. Overall, Atlantic Credit & Finance ranked as the 27th fastest growing company in this year?s Inc .500, and among the top three fastest growing companies specializing in financial services.
?We are extremely proud of our company?s consistent, high-caliber performance in this independent survey,? said Richard Woolwine, Atlantic Credit & Finance Chief Executive Officer (CEO). ?This selection also validates our standing as a premier player in the debt management arena.?
The Inc. 500 ranks privately held companies according to averaged year-over-year sales growth over the past four years. With approximately 75% of all new job creation in the U.S. coming from small businesses, the Inc. 500 is a prescient indicator of the companies and industries that are driving the economy forward.
Established in 1995, Atlantic Credit & Finance is a leading purchaser and manager of unsecured consumer-distressed assets ? managing in excess of $3.5 billion. According to data gathered by Inc. Magazine, Atlantic Credit & Finance experienced a year-over-year sales growth rate of greater than 700 percent.
Woolwine explained that much of Atlantic Credit & Finance?s growth can be attributed to its core strength of quickly evaluating the value of each asset portfolio (many times within 24 hours) and then having the experience and reliable sources of funding to ensure a deal is finalized.
He added that another of the company?s strengths is its philosophical approach to working with customers, placing a keen focus on tailoring programs to help customers repay their debt, thereby helping ensure they have the opportunity to get back on solid financial ground.
?Our employees are dedicated to treating each person with integrity and honesty as they work to understand the customer?s problem and find a workable solution,? Woolwine said. ?This approach also preserves the relationship between the customer and the credit originator as well.?
Atlantic Credit & Finance purchases a diverse pool of consumer-distressed asset types, including:
- Credit card receivables
- Retail credit card receivables
- Automotive deficiencies
- Student loans
- Telecommunication receivables
- Utilities receivables
Atlantic Credit & Finance is a premier purchaser and manager of unsecured consumer-distressed assets. Headquartered in Roanoke, Virginia ? with branch offices in Columbia, Maryland, and Richmond, Virginia ? the privately held company manages in excess of $3.5 billion in unsecured consumer-distressed assets.
