Once again, RP Funding has established itself as one of the fastest-growing businesses in the nation by placing 1139th on Inc.’s prestigious 5000 list, rising 531 spots from last year’s position.
Our company registered a 368 percent growth rate over the last three years, and we have accumulated almost $70 million in revenue in 2016 alone. RP Funding also made the Inc. 5000 in 2013 and 2014.
Inc. describes RP Funding as a “no-fee, a direct mortgage lender [that] offers low rates on home loans, including FHA, VA and USDA loans.”
Since 1982, Inc. magazine has annually ranked U.S. businesses based on their percentage of revenue growth over a three-year period. To qualify, companies must be privately held and report at least $2 million in revenue from the previous year.
Growing Across Florida
Largely responsible for this rapid growth is our growing presence in both Lakeland and Jacksonville. Just last month, RP Fundings CEO Robert Palmer took ownership of the Jacksonville Armada soccer club, with RP Funding acting as the primary sponsor. Palmer says he hopes to eventually bring the Armada, RP Funding, HomeValue.com, and his other companies together under one roof with a new stadium complex. The venture, according to Palmer, is expected to bring over 180 new jobs to Jacksonville.
Palmer also sees great growth potential in Lakeland, his childhood home. By late 2018, RP Funding Lakeland expects to triple in size and bring at least 80 new career opportunities to local residents.
As a symbol of their impact in the community, The Lakeland Center was recently renamed the RP Funding Center. A staple attraction since 1978, the 8,000-seat area houses the Orlando Magic’s G-League affiliate, the Lakeland Magic, and some of the finest entertainment the city offers.