OpenRoad Lending Ranks No. 37 on the 2014 Inc. 5000 - OpenRoad Lending

OpenRoad Lending Ranks No. 37 on the 2014 Inc. 5000

NEW YORK, August 20, 2014Inc. magazine today ranked OpenRoad Lending, a direct-to-consumer auto finance company, No. 37 on its 33rd annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies.  The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500|5000.

“We are excited to have achieved this important distinction and to be listed among some of the greatest companies in the country.”  Said Chris Goodman, President and CEO of OpenRoad Lending.  “The growth and success that we have had and continue to enjoy are a tribute to our hard working employees and company commitment to help consumers all over the country either save money on their current auto loan by refinancing or to help them realize the dream of owning that new or pre-owned car, truck or SUV they’ve always wanted.”

The 2014 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 20 to November 30), is the most competitive crop in the list’s history.  The average company on the list achieved a mind-boggling three-year growth of 516%.  The Inc. 5000’s aggregate revenue is $211 billion, generating 505,000 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.

“What surprises me, even though I know it’s coming, is the sheer variety of the paths our entrepreneurs take to success, thematically reflecting how our economy has evolved,” says Inc. President and Editor-In-Chief Eric Schurenberg.  “This year there are far more social media and far fewer computer hardware businesses than there were, say, six years ago.  But what doesn’t change is the fearsome creativity unleashed by American entrepreneurship.”

 

More About OpenRoad Lending

OpenRoad Lending, headquartered in North Richland Hills, Texas is an online Direct-to-Consumer auto finance company.  OpenRoad Lending offers auto finance solutions to consumers with all types of credit in 38 states across the USA.  OpenRoad Lending’s online application and approval process enables consumers to apply for financing in the comfort and privacy of their own home at OpenRoad’s website www.OpenRoadLending.com. Once approved the customer downloads and prints their OpenRoad eCheck that they take to the dealership and use like cash. OpenRoad’s auto finance products include new and pre-owned vehicle purchase, auto refinance and cash-out auto refinance loans.

More about Inc. and the Inc. 500|5000

Methodology

The 2014 Inc. 5000 is ranked according to percentage revenue growth when comparing 2010 to 2013. To qualify, companies must have been founded and generating revenue by March 31, 2010. They had to be U.S.-based, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2013. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2010 is $100,000; the minimum for 2013 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/5000.

AboutInc. and the Inc. 5000

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.  Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today.  For more information, visit http://www.inc.com/ .

The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success.