Inc. magazine revealed that Avana Companies, a family of lending and asset management platforms, has made it to its annual Inc. 5000 list out of 7 million companies.
The list represents a look at the most successful companies within the United States’ independent small businesses.
Intuit, Zappos, Under Armour, Microsoft, Patagonia and other well-known names gained their first national exposure as honorees on the Inc. 5000.
“We are honored to be adjudged as one of the fastest-growing companies in the 2021 Inc. 5000 list,” Avana CEO Sundip Patel said.
“In the current economic environment where the businesses are facing many challenges, we’re appreciative of our thousands of loyal customers and businesses. We’re also immensely proud of our global team, stakeholders and partners, who have been the foundation of our continued growth and improvement.”
Avana’s ranking on the Inc. 5000 list is evidence of the growth rate of its portfolio. The staff and management will celebrate the win by a day of service at the St. Mary’s Food Bank.
Avana Companies collaborates with a diverse group of skilled professionals to foster its mission to build and preserve communities through commercial real estate and small and medium enterprise lending opportunities.
For nearly 20 years, Avana has promoted local ESG (environmental, social and corporate governance) investment opportunities by contributing to the social good and educating potential investors about alternative investments that have a social and environmental impact.
Through Avana’s family of companies, it provides capital to grow and create jobs, stimulate economic growth, and finance diverse renewable energy projects through its portfolio of lending and investment products.
LendThrive, Avana’s newest lending service, provides up to $150,000 fixed rate small-business loans in 24 hours to support entrepreneurs across the United States. It is available through a platform with rate reduction rewards.
Since 2002, Avana Capital has enabled small and medium-sized American businesses in niche industries to grow and thrive through customized commercial real estate loans.
Extensia Financial is Avana’s most seasoned credit union service organization and, since 1998, has helped credit unions diversify their lending portfolios through the origination, underwriting, participation, and servicing of commercial real estate loans.
Avana Fund creates customized commercial debt portfolios of small-business and renewable energy loans for institutional investors across the globe.
“The 2021 Inc. 5000 list feels like one of the most important rosters of companies compiled,” said Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership and the help of a whole lot of people.”
The annual Inc. 5000 event honoring the companies on the list will be held virtually from Oct. 19 to Oct. 20.