Sunstone and American Lending Center Recognized by The Financial Times in Fastest Growing Companies in the Americas for the Second Year in a Row
Sunstone and American Lending Center Recognized by The Financial Times in Fastest Growing Companies in the Americas for the Second Year in a Row
Sunstone ranks 222nd, ALC ranks 452nd
LONG BEACH, Calif.--(BUSINESS WIRE)--Sunstone Management and American Lending Center Holding (ALC) have again been recognized by The Financial Times (FT) as two of Americas’ Fastest Growing Companies. Sunstone and ALC are recognized among some of the top drivers of economic development in the world.
FT and Statista present this award to the 500 companies in North and South America that have experienced the fastest growth between 2017 and 2020. Statista, a leader in market and consumer data analytics, compiled the rankings based on the compound annual growth rate (CAGR) in revenue, between 2017 and 2020 of companies across the Americas.
Sunstone has rapidly grown since its founding in 2015, focusing on early-stage investment and grassroots economic development. Sunstone ranks 11th among financial services companies and 222nd overall.
ALC is a community lender providing commercial loans primarily through Small Business Administration (SBA) programs and facilitating significant job growth. ALC ranks 452nd overall and 29th in the financial services industry growth.
“ALC and Sunstone are honored to be recognized among the group of companies leading economic development in the Americas,” stated John Shen, founder of Sunstone and ALC. “The repeat recognition of both enterprises is a testament to the continued growth and commitment to the innovative community.”
“Sunstone’s growth has made us a leader among financial services companies, and we expect to continue growing along with southern California’s innovative ecosystem,” added John Keisler, Sunstone’s newly appointed CEO.
About Sunstone Management
Sunstone Management, with the Sunstone Venture Capital Fund, is a diversified private capital management and investment firm offering comprehensive wealth management solutions to high net worth clients worldwide. Sunstone proactively forges both public-private partnerships with government agencies and industry-academic partnerships with nonprofit educational organizations to promote economic development. In particular, we champion growth in the local innovative ecosystem. Aside from broad engagement in financial services, Sunstone also excels in leading commercial development projects in emerging sectors to support community development and economic recovery under COVID-19.
About American Lending Center
American Lending Center (ALC) is a private non-bank lending institution and nationally recognized leader in small business lending. Between 2009 and 2020, ALC offered strategically structured senior loan products to 80+ qualified SBA 504 projects in 19 states, contributing to a combined construction and business expansion budget of over one billion dollars. During these pre-COVID years, ALC’s lending practice has successfully created more than 12,000 new jobs nationwide. ALC is one of only a handful of nonbank institutions so designated to provide immediate financial relief to struggling small businesses. We have approved PPP loans to almost 30,000 eligible small business borrowers across all 50 states and Washington DC as of end of May when PPP program ended.
Contacts
Dana Doran
202 207 3650
ddoran@rasky.com