Nationwide Title Clearing Inc. (NTC) has made the Inc. 500|5000 list again this year at number 1900–despite the fact that the nation’s estimated economic growth rate of 1.4 percent so far in 2013 is well below last year’s levels. Inc. magazine, one of the few major business magazines addressed solely to CEOs of fast-growing, private companies. NTC moved up 830 spots from the position they held last year. In a sluggish U.S. economy, NTC has managed to maintain company growth—NTC employs over 350 Palm Harbor, Florida residents, and officially met the specific criteria a company must meet in order to be even considered eligible for the Inc. 500|5000 list:
►A company must have generated at least $200,000 in revenue in 2009 and at least $2 million in revenue in 2012.
►Other qualifications include being privately held, for-profit, based in the U.S., and independent (not a subsidiary or division of another company).
The initiative and drive of the NTC workforce is a major contributing factor to the growth of the company. Because of its ability to deliver highly accurate research and timely mortgage documentation, the growing need for stability in the industry has put NTC into a position of leadership and support to its clients, which are eight of the 10 largest banks in the U.S. The company’s advancement of the mortgage assignment chain verification process, PerfectChain, is another means by which NTC has been working for years to develop much-needed industry best practices in order to help legislators, mortgage lenders, servicers and homeowners gain certainty and confidence in the real estate market.
“It is very encouraging to be recognized among other nationally-ranked companies on this prestigious list—our employees have been working extremely hard for years to establish and perfect the systems we have in place,” said NTC CEO, John Hillman. “Collectively, we consider this award an honor and a testament to our hard work.”
As part of the Inc. 500/5000 list, NTC has been invited to attend the exclusive 32nd Annual Inc. 500/5000 Conference and Awards Ceremony, which is an annual three-day event that brings the nation’s brightest, most successful business minds together. The event will be held in October at Gaylord National in Washington, D.C. NTC representatives are looking forward to attending.