SAN DIEGO and NEW YORK, Feb. 1, 2018 /PRNewswire/ -- Reliant Funding, a leading small business finance company, today announces the tenth anniversary of the company's founding. The company celebrates a decade of helping clients strategically use its financing to help them capitalize on growth opportunities.
When the company launched in 2008, the economy was facing its most dangerous crisis since the Great Depression. Restricted access to working capital stifled America's small businesses; traditional banks were more risk adverse and less community focused. The Reliant Funding mission was born from the need to fill that financial gap. Since then, it's funded over one billion dollars to 20,000 small businesses nationwide.
"It's been an incredible decade for Reliant. We've evolved from an idea with a staff of less than 10 to a reliable source of capital for American Small Business with a staff of over 150 smart, hardworking people," says Founder and CEO Adam Stettner. "We value our clients and know the funding opportunities we provide make a big impact on the future of their businesses and local economies. Reliant works hard to earn the trust of our clients, we know how important integrity and a predictable source of capital is to small business. We plan to continue to expand and improve our product offerings with customer experience as our priority."
Reliant has been recognized for industry leadership, growth, and entrepreneurship. The company has landed on Inc. Magazine's List of America Fastest- Growing Private Companies for five consecutive years and was named one of the Best Entrepreneurial Companies in America by Entrepreneur Magazine. The company has been included in the San Diego Business Journal's List of the Fastest Growing Private Companies for five consecutive years and gained recognition as one of the healthiest companies and best places to work in San Diego.
"One of our greatest assets is our team in both San Diego and New York. We've been successful in cultivating a positive environment for our employees. We believe in what we're doing, and that comes across in our culture and in the relationships with our clients," says Stettner. "As the company progresses, our mission will remain to advocate for America's small businesses and pave the way for the future of transparent and responsible funding."
2008: Reliant Funding is founded in San Diego, funds over $8 Million Dollars in its inaugural year with a staff of 10
2011: Reliant funds over $40MM to American Small Business (SMB) and employs a staff of 20
2013: Reliant makes the Inc. 500 list for the first time and is in the top 20 fastest growing Financial Services companies in the United States
2014: Reliant funds over $150MM to SMB with a staff of nearly 100
2016: Reliant funds over $225MM and employs over 120 people in CA and NY
2017: Reliant surpasses $1 Billion in total funding and has serviced over 20,000 Small Businesses while employing 150 people
About Reliant Funding
Headquartered in San Diego with offices in New York, Reliant Funding provides customized, short-term funding to small and mid-sized businesses nationwide.