Resource Financial Services Makes Inc. Magazine’s List of 500 Fastest-Growing Private Companies for Second Time

COLUMBIA, SC – Resource Financial Services, a privately owned retail mortgage banking firm serving the Southeast, was recently ranked in the top 10 percent of Inc. magazine’s annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing companies.

Resource Financial is listed at No. 488 on the prestigious list, which represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

This is the second time Resource Financial Services has made the prestigious list, having been named No. 227 in 2012. Of the tens of thousands of companies that have applied to the Inc. 5000, only a fraction have made the list more than once. The company’s revenue jumped 900% percent from 2015 to 2018, the three years tracked by the Inc. magazine editorial team.

“We are continually seeking the best customer experience for our clients, while maintaining a best-of-class culture for our associates and business partners,” said A. Wade Douroux, President and CEO of Resource Financial Services. “We accomplish this by delivering the highest-quality loan solutions, remaining vigilant in quality control and utilizing the industry’s best tools.”

Not only have the companies on the 2019 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.

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/inc5000.

“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”

Resource Financial, along with the other top 500 companies, will be profiled in Inc.’s September issue. It will be available at newsstands Aug. 20.

The annual Inc. 5000 event honoring the companies on the list will be held Oct. 10-12, 2019, at the JW Marriott Desert Ridge Resort and Spa in Phoenix, Arizona. As always, speakers will include some of the greatest innovators and business leaders of our generation.

To learn more, visit Resource Financial Services online at rfsmortgage.com or call 877-748-4545.

Resource Financial Services was established in 2008 as a retail banking firm serving borrowers across the Southeast. The company is licensed in nine states which include Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Virginia. Headquartered in Columbia, South Carolina, the company has nine branches in North Carolina, South Carolina, Florida and Alabama. Resource Financial Services offers a variety of products including adjustable, fixed-rate and jumbo loans, first time homebuyer programs, second home and investment financing, refinancing, construction loans, FHA/VA and state housing loans and USDA rural housing programs. Its approach to customer service features streamlined documentation and a fast approval process that helps responsible borrowers purchase or refinance a home with the most affordable terms available. Learn more online at rfsmortgage.com.

More about Inc. and the Inc. 5000

Methodology
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.

About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.

The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.

For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.