PayLease, a leading provider of online rent payments for the property management industry, today announced it has been featured in the Inc. 5000 list for the fourth consecutive year. The list, which showcases the fastest-growing privately held firms in the nation, ranked PayLease as number 1098 in the financial services category.The company’s rankings were secured through an impressive 383% growth in revenue between 2009 and 2012.
To qualify for the list, companies were required to have minimum revenue of $100,000 in 2009, and $2 million in revenue in 2012. 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, 2012.
Management author Hermann Simon calls these Inc.5000 companies “hidden champions because they deliver outstanding performance while operating in the value chain, supplying machinery, components or processes that are no longer discernible in the final product or service. As such they are sinews, of our economic physiology. But jobs are also created by the thousands of organizations that constitute the Inc.5000’s customers.”
“PayLease has made some significant changes and maintained our brand promise of being safe, easy and cost-effective to do business with,” said Dave Dutch, PayLease CEO. “As we grow, we never forget the significance that revenue growth brings, such as the creation of jobs, and product enhancements. Being part of the Inc.5000 list for the fourth consecutive year is testament that PayLease remains focused in all the right areas.”
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 here.
PayLease (www.paylease.com), is a leading online 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 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.