FOR IMMEDIATE RELEASE

FIRST CAPITAL RECOGNIZED AS LEADING FINANCIAL SERVICES COMPANY ON INC. 5000 LIST OF FASTEST GROWING COMPANIES

NEW YORK, NY, and WEST PALM BEACH, Fla., August 26, 2008 – First Capital, a leading financial services firm, specializing in asset-based lending, outsourcing and risk management announced today that the company has been named to Inc. Magazine’s list of the 5,000 fastest-growing privately-held companies in the U.S.

“We are honored to be among the 1,000 fastest growing companies,” said John W. Kiefer, Chief Executive Officer of First Capital. “It’s typically much more difficult to grow a financial company at such a rapid rate.  Our phenomenal growth is a reflection of our never-ending dedication to client service and satisfaction and this acknowledgement is a tribute to all of the smart, hard-working and dedicated professionals who make First Capital the best in our industry.”

First Capital ranked No. 30 in the Top 100 Businesses in Miami-Fort Lauderdale-Miami Beach, FL and also ranked No. 56 in the Top 100 Financial Services Companies.

“Our second annual Inc. 5000 continues the most ambitious project in business journalism,” said Inc. 5000 Project Manager Jim Melloan. “The Inc. 5000 gives an unrivalled portrait of young, underreported companies across all industries doing fascinating things with cutting-edge business models, as well as older companies that are still showing impressive growth.”

Outside the financial services industry, the company ranked 996th among all of the Inc. 5000 businesses nationwide.

Methodology

The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007.  To qualify, companies must be U.S.-based and privately held, for profit, independent – not subsidiaries or divisions of other companies – as of December 31, 2007, and have had at least $200,000 in revenue in 2004, and $2 million in 2007.

About The Inc. 5000

The 5000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent.  Most important, the 2008 Inc. 5000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded. Complete results of the Inc. 5000, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at www.inc5000.com

 

About First Capital

First Capital is a leading commercial financial services firm providing prompt, professional and reliable working capital solutions and outsourcing, primarily for middle-market companies and institutions.  With over $1 billion in total committed lines, First Capital is one of the largest independent and fastest-growing commercial finance companies in the United States.  The firm focuses on asset-based lending, accounts receivable management, credit protection, international supply chain financing and servicing for clients in North America and Asia.  The firm also manages asset portfolios for clients and is an active issuer of receivables-backed securities.  Combining a unique blend of traditional and progressive banking methods, First Capital provides clients with customized support needed to grow and maintain their business.  Based out of West Palm Beach, Florida, the firm has six full-service offices in major cities including New York, Los Angeles, Ft. Lauderdale, Oklahoma City and Atlanta and a subsidiary that is headquartered in Hong Kong. 

Media Contact:
Suzanne Dawson
Linden Alschuler & Kaplan
212-329-1420
sdawson@lakpr.com

 

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