Glendale’s AVANA Companies Selected for 2021 Inc. 5000 List of America’s Fastest Growing Private Companies
The 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 7MM companies the most prestigious ranking of the nation’s fastest-growing private companies. AVANA Companies is one of the top five growing financial service companies in Arizona and the fastest in Glendale.
The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many 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. In the current economic environment where the businesses are facing many challenges, we’re appreciative of our thousands of loyal customers and businesses,” says AVANA CEO Sundip Patel. “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 stunning growth rate of its dynamic portfolio. This recognition is a significant milestone applauding the hard work, dedication and growth trajectory of the company and its people. The staff and management will be celebrating 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 (CRE) and Small and Medium Enterprise (SME) 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 strong 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 available through a unique 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 ever compiled,” says 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 October 19 to 20, 2021. 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.