The highest-ranked retail financing company, West Creek continues its significant growth trajectory
RICHMOND, Va.–(BUSINESS WIRE)–West Creek, a financial technology company powered by machine learning and big data, earned the 65th spot on Inc.’s 5000 Fastest-Growing Companies list, and the top spot among retail financing companies. The rankings assess trailing three-year revenue growth for privately-held companies in the US and are considered the most prestigious honor for innovative private businesses and business leaders.
Since 2015, West Creek has grown over 4,400%, and will surpass $200 million in revenue in 2019. The company has partnered with over 10,000 retailers and proudly helped more than 200,000 customers purchase essential items including furniture, mattresses, appliances, tires and HVAC systems. “Since the beginning, we’ve been laser-focused on superior technology and world-class service,” said Rob Finnegan, CEO and Co-Founder. “Seeing West Creek flourish and rise to the forefront of the retail fintech space is truly amazing and there are even more exciting things to come.”
West Creek’s focus on tech, innovation and transparency in the historically mundane and misleading financing space is attracting top talent from across the country. The company, recently certified as a “Top Place to Work,” started with fewer than ten associates in 2014 and now employs more than 200 people. “We’re building an amazing team, and in turn, our product is phenomenal,” says Chief Technology Officer Jim Kresge. “Our first core value is ‘we are technologists,’ and that’s something that we take seriously. We are hiring great talent who apply cutting edge technologies to solve problems.”
The company is closing on a debt and equity raise later this year and is planning to expand its space to accommodate associate growth in 2020. “We are thrilled to take this journey with the West Creek team – they are committed to providing fairness and transparency to a customer segment that so desperately needs it,” said Brock Saunders, West Creek investor and Founding Partner at Summit Action. “The Inc. 5000 honor is well-deserved, speaking not only to the company’s incredible growth rate but also their unmatched focus on tech and putting customers first.”
More about West Creek
West Creek specializes in financing furniture, mattresses, appliances, and tires for retail partners across the nation. It focuses on using big data and technology to optimize underwriting, enabling industry leading approval rates and approval amounts. West Creek was built on a foundation of excellent service, which is a pillar of their business today and one of the main reasons for their success. For more information visit www.westcreekfin.com.
More about the Inc. 5000
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.