Boston Business Journal Names Forward Financing on Fast 50 List for 4th Consecutive Year

November 24, 2020 | Company News

November 24, 2020 – Forward Financing, a leader in alternative small business financing, announced that it has been named on Boston Business Journal’s Fast 50 for the fourth consecutive year. 

The annual list represents the 50 private companies based in Massachusetts that had the largest revenue growth between 2016 and 2019. Companies needed to report at least $1 million in revenue in 2019 and at least $500,000 in revenue for 2016, for consideration. 

With a growth rate of 320%, the company earned the #10 ranking, marking the fourth time it has appeared within the top ten. Forward was named #2, #3, and #6 in 2017 through 2019, respectively.

“Thank you to the Boston Business Journal for recognizing Forward Financing on the prestigious Fast 50 list. We’re honored to be named alongside other innovative companies that are changing the business landscape in Massachusetts,” says Justin Bakes, Forward Financing Co-Founder and CEO. 

“I want to thank our ambitious, determined team for helping us reach this milestone. Despite the challenges 2020 presented us, I’m incredibly proud of how each person has been committed to our mission of helping our customers and people reach their full potential.”

The Boston Business Journal announced the rest of the honorees in a virtual celebration on November 18th. You can find the full rankings here.


About Forward Financing

Forward Financing is a Boston-based financial technology company that provides fast, flexible working capital to small businesses nationwide. Our dedicated account representatives and advanced proprietary technology help our customers spend less time finding capital and more time growing their business. With a simple, secure online application, business owners can trust Forward Financing for approvals within minutes, funding within hours, and personalized support when they need it most.

Since 2012, Forward Financing has expanded Main Street’s access to credit by providing over $750 million in funding to more than 23,000 small businesses. The company is A+ rated by the Better Business Bureau and consistently receives top ratings across all major customer review platforms. Forward Financing has been named by both Inc. Magazine and the Boston Business Journal as one of Massachusetts’ fastest-growing companies each year since 2017. Forward Financing is committed to helping more small business owners succeed and achieve their full potential. To learn more, visit

About the Boston Business Journal

The Boston Business Journal is the region’s premier business media organization, one of 44 markets owned by American City Business Journals. For more information, visit the BBJ website.