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Inc. Magazine Unveils Its Fourth Annual Exclusive List of America's Fastest-Growing Private Companies—the Inc. 5000

Semper Home Loans Ranks No. 3,099 on the 2010 Inc. 5000 With Three-Year Sales Growth of 65%


News provided by

INC. 5000 - NO CHARGE

Sep 15, 2010, 06:46 ET

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PROVIDENCE, R.I., Sept. 15 /PRNewswire/ -- Inc. magazine has ranked Semper Home Loans No. 3,099 on its fourth annual Inc. 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-minded entrepreneurs.

(Logo:  http://photos.prnewswire.com/prnh/20100817/INC5000LOGO)

(Logo:  http://www.newscom.com/cgi-bin/prnh/20100817/INC5000LOGO)

"The leaders of the companies on this year's Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression," said Inc. president Bob LaPointe. "The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs."

A five-year-old Providence-based mortgage broker turned lender, Semper Home Loans (www.semperhomeloans.com) launched a unique employee initiative last spring through which the Company sought to fill 50 new positions in 50 days. Currently employing 50, Semper's staff has grown tenfold since opening in 2005. Earlier this year they moved from a 4,000 square-foot Providence office to a state-of-the art 12,000 square-foot office located in a Providence economic enterprise zone.

"We are extremely pleased that Semper has been recognized as the 3,099th fastest growing company in the Country," said Matthew Sullivan, President & CEO of Semper Home Loans. "When you stop to think that there are over 26 million companies in the U.S., it is quite an accomplishment. It took a lot of hard work, a huge investment of time and money, and a great staff and support team to get to this point. It is an honor to play a part in putting Rhode Islanders to work as we grow Semper into a world-class company – one that is socially responsible, fiscally generous, and committed to bringing a level of service and menu of products to our clients that are best in class."

Inc. and Inc.com annually celebrate the achievements of today's entrepreneurial superstars – the privately held small businesses that drive our economy. The 2010 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2006 to 2009. Complete results can be found on www.inc.com/5000.

About Semper Home Loans

Semper Home Loans, an approved lender with the U.S. Department of Housing and Urban Development and an FHA Full Eagle lender, is a growing mortgage banker lending company headquartered in Providence, Rhode Island. Founded in 2005, it originated as a mortgage brokerage with five loan officers and today it is an industry-leading direct lender with a current staff of 50 employees. Semper is licensed to sell loans throughout Rhode Island, Connecticut, Massachusetts, Maryland, New York, New Jersey, Oregon, Pennsylvania, Virginia, North Carolina, Georgia, and Florida, with licenses pending in California, South Carolina, and Texas. The Company provides an expansive range of mortgage solutions and is an accredited member with the Better Business Bureau and a member of the Mortgage Bankers Association of America.

SOURCE INC. 5000 - NO CHARGE

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