PayLease, a leading online payments provider for the property management and HOA industry, today announced it has been featured on the Inc. 5000 list for the fifth consecutive year. This year’s Inc. 5000 list ranked PayLease as the 1347th fastest-growing privately held company in the nation.
The company’s ranking was secured through an impressive 320% growth in revenue between 2010 and 2013.
To qualify for the list, companies were required to have a minimum revenue of $100,000 in 2010, and $2 million in revenue in 2013. Additionally, they had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011.
“PayLease has experienced tremendous growth over the past 5 years while still maintaining our brand promise of being an easy, safe and cost-effective company to do business with,” said PayLease CEO, Dave Dutch. “Upholding these core business principles has been paramount to PayLease’s success and has led us to be on the Inc. 5000 list for the fifth consecutive year, “ he also added.
In a statement announcing the 2014 list, Inc. said, “Our annual ranking of America’s fastest-growing private companies proves that even without tailwinds from the overall economy, some companies can achieve impressive acceleration.”
Complete results of the Inc. 500|5000 list can be found here.
PayLease (www.paylease.com) is a leading electronic payments provider for the property management industry, specifically targeting the multifamily, single family, HOA and commercial markets. PayLease provides property managers the ability to accept and manage rent payments and HOA payments through a secure online interface. With PayLease, residents are able to pay their property manager using an E-check or with a credit card. Since its inception in 2003, PayLease has grown to serve thousands of property management companies nationwide and is among the fastest growing technology companies in the United States. For more information, please visit www.paylease.com.