FOR IMMEDIATE RELEASE
CapNet Ranked #1 Fastest Growing Company by San Fernando Valley Business Journal
Los Angeles, November 13, 2007 - Capital Network Leasing Corporation (CapNet) has just been ranked #1 on the San Fernando Valley Business Journal's list of the 50 Fastest Growing Private Companies in the region. Companies from every industry went through an application process that determined rankings based on revenue growth percentages between 2005 and 2006. This groundbreaking research uncovered the region's top emerging growth companies.
Between 2005 and 2006, CapNet experienced 125% revenue growth, and expects to far exceed past annual revenues this year. The company noted its flexibility and ease of loan processes as one of the key factors that attracts clients to work with CapNet. In most cases, no detailed financial history or tax returns are required to secure financing.
Dedicated employees were recognized as the reason for CapNet's exponential growth. "Our growth is really a testament to all the people who work at CapNet," said Blake Johnson, CapNet President. "The real test of a company is its ability to continue to grow and constantly raise the bar. We are extremely honored to have been recognized for this award and we look forward to making the list again next year."
The San Fernando Valley Business Journal is one of four California Business Journals, including the Los Angeles Business Journal, the San Diego Business Journal and the Orange County Business Journal, and is read by business, civic and community leaders. The Valley edition covers a territory that includes Burbank, Glendale and the San Fernando, Santa Clarita, Antelope, Simi and Conejo valleys. Contact the San Fernando Valley Business Journal at www.sfvbj.com, or call 818.676.1750.
About CapNet
CapNet was founded in 1999 on the core principles of integrity, character and the highest quality of service. Ranked #44 on Inc. 5000's list of Top Companies in Financial Services and ranked #5 on the Los Angeles Business Journal's list of the Best Places to Work in Los Angeles, CapNet has quickly become one of the premier equipment leasing companies in the United States serving thousands of businesses nationwide. CapNet is headquartered in Sherman Oaks with offices in Newport Beach and Phoenix. The company is a member of the United Association of Equipment Leasing and the Better Business Bureau. For more information about CapNet, visit www.capnetusa.com, or contact Alana Littler, 877.980.0558 x315 or alanal@capnetusa.com.
Los Angeles
