FirstClose, an aggregator of mortgage settlement services, has announced that it has been named to Inc. 5000’s 2012 fastest-growing private companies list. FirstClose ranks 2,876 with an industry rank in the real estate category of 47 and notable three-year sales growth of 79 percent.
“We are excited to have earned a spot on Inc. 5000’s coveted list,” said Tim Smith, president of FirstClose. “Since 2008, we have been adding to our solution set and expanding our footprint in the settlement services space, which has us growing at an enviable rate. I attribute this company milestone to the dedication, hard work and emphasis that our employees place on providing second-to-none service to our customers coupled with their commitment to continually advancing our technology platform.”
FirstClose is comprised of a group of senior mortgage banking professionals that hold years of deep experience in the settlement services space. The company developed a proprietary software platform that delivers an end-to-end solution from loan application to closing for mortgage lenders, which is widely used by companies in the mortgage banking industry.
The magazine says that in a stagnant economic environment the median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. It is reported that the companies on this year’s list created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward,” said Inc. Editor Eric Schurenberg. “Growth companies, not large corporations, are where the action is.”