Aug. 27 /PRNewswire/ -- Debtmerica, LLC, a negotiated debt settlement company offering debtrelief to consumers nationwide has ranked #34 in the Inc. 500|5000 top 100 fastest growing companies within the Financial Services Industry. Inc. Magazine launched its 3rd annual Inc. 5000 list which includes rankings of the nation's fastest-growing private companies. The various firms are ranked based on their percentage of revenue growth from 2005 through 2008.
The exclusive Inc. 5000 list serves as an extended look at America's private entrepreneurs. The median growth rate of Inc 5000 companies is 126% - Debtmerica more than tripled this median, showing 386.6% growth rate. This places the Company at an overall ranking of 784 and at the top 20% of the Inc. 5000 fastest-growing private companies in America.
California tops the list with the most companies within the state to make it onto the Inc. 5000 list. The list is broken down further to show the top 100 companies in the 5 most robust metropolitan areas, where Debtmerica ranks at #52 within the Los Angeles region.
This list is a true depiction of the positive impact, private businesses, like Debtmerica make on the economy during tough economic times. According to Inc. 5000, these companies are responsible for more than 1 million jobs. Despite the shrinking job market, Debtmerica continues to hire debt consultants with eight (8) new team members joining its ranks in August.
"The Inc. 5000 is an overview of the most successful private business minds in the nation, and to make it on the list and be recognized is a true honor, says Harry Langenberg, co-founder and managing partner of Debtmerica, LLC. "Our major growth and success comes from the dedication, hard work and integrity of our entire staff."
About Debtmerica Relief
Debtmerica Relief, headquartered in Orange County, CA, provides assistance to families
who are experiencing financial difficulties and hardship. Its focus on negotiated debt settlement provides a very powerful solution with the ultimate goal of helping its clients get debt free and remain so. By actually reducing debt balances over the course of the program and providing an affordable monthly payment, consumers can experience lasting benefit to their financial well-being.