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Forward Financing Among 50 Fastest-Growing Businesses in Massachusetts for Third Year in a Row

May 20, 2019 | Company News

May 20, 2019 – Forward Financing, a leading provider of technology-enabled alternative financing solutions for under-served small businesses, announced that it has been recognized by the Boston Business Journal as one of the fastest growing, privately-owned companies in Massachusetts.

The “Fast 50” list designates the region’s 50 fastest-growing privately held businesses, based on research conducted by the Boston Business Journal. To be placed on this list, only firms with headquarters in Massachusetts and those who reported revenue of at least $500,000 in 2015 and $1 million in 2018 were considered.

The list includes privately held businesses in Massachusetts that recorded the largest revenue growth from 2015 to 2018. Forward Financing ranked 6th on the list for 2019, achieving a 572.8% increase in growth. In 2018, Forward Financing ranked 3rd on the list of fastest growing companies and in 2017, the fast growing company ranked 2nd achieving over 1,200% increase in growth from the previous years.

“We are extremely excited to be named in the top 10 of the fastest growing companies for the third year in a row,” said Justin Bakes, Co-founder and CEO. “We are grateful to the Boston Business Journal for this recognition, and to our team for their hard work in achieving this incredible growth. We’ve hit some major milestones over the past few years and we are excited for more great things ahead.”

The Boston Business Journal revealed the rankings of the fastest-growing private companies in Massachusetts at an awards celebration held on May 15th at the Aloft Hotel Seaport in Boston where they announced the rankings for all fifty of the fastest growing companies in Massachusetts. The full Boston Business Journal’s Fast50 list is available here:

About Forward Financing
Forward Financing is a Boston-based financial technology company that provides fast, flexible, and reliable working capital to small and medium-size businesses nationwide. Since 2012, Forward Financing has provided over $500 million in funding to more than 10,000 small businesses. The company is A+ rated by the Better Business Bureau and receives top ratings across all major customer review platforms. In 2017 and 2018, the FinTech company was named by Boston Business Journal as one of the fastest growing companies in Massachusetts. On a national scale, the company was recognized in 2017 and 2018 by Inc. as one of the fastest growing in America, landing on the coveted Inc. 5000 ranking with a three-year growth of more than 1,200 percent.

About Boston Business Journal
The Boston Business Journal is Boston’s leading source of business news, information and events; strategically targeting businesses decision makers. Their media products provide comprehensive coverage of business news from a local, regional and national perspective reaching their readers through the weekly print publications, their website, e-mail products and events.

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