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FOR IMMEDIATE RELEASE August 23, 2006
Contact: Tom Brainerd Vice President Marketing (888) 576-4685 x220 tbrainerd@fivepointcapital.com
San Diego-Based Equipment Leasing Firm, Five Point Capital Ranks No. 82 on the 2006 Inc. 500 With Three-Year Sales Growth of 944.7%
New York, August 23, 2006 Inc. magazine today announced its 25th annual Inc. 500 ranking of the fastest-growing private companies in the country. San Diego-based equipment leasing firm, Five Point Capital, ranks No. 82 on the list, with three-year growth of 944.7%. Five Point Capital (FPC) was founded by David Gilbert and Dan Feder in 1999 under the principle that “leasing can help any company grow.” The firm currently serves thousands of businesses nationwide. Five Point Capital leases almost every type of new and used equipment for a wide diversity of businesses including, but not limited to: trucking, restaurants, health services, automotive repair, construction, excavation, multimedia, manufacturing, telecommunications, printing / publishing, packaging, waste management and more. Currently the San Diego-based firm employs 120 and occupies 37,000 sq. ft. at 10525 Vista Sorrento Parkway in San Diego. Commercial equipment loans range from $5,000 to $500,000. “Being included in the 2006 Inc. 500 is a distinct honor for Five Point Capital. This feat is one all of our employees have earned through their high level of performance and customer service. Our goal is to be the nation’s leading equipment leasing firm,” states CEO, David Gilbert. The 2006 Inc. 500, as revealed in the September issue of Inc., reported the most robust bunch of companies the magazine has ever compiled, with aggregate revenue of $19.7 billion, up from $16.5 billion last year and $12.9 billion in 2000. Most important, the 2006 Inc. 500 companies were engines of job growth, having created more than 90,000 jobs since those companies were founded. “If you want to find out which companies are going to change the world, look at the Inc. 500,” said Inc. Editor Jane Berentson. “These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can’t live without. The Inc. 500 list is Inc. magazine’s tribute to American business ingenuity and ambition.” Five Point Capital helped California achieve the state’s distinction of having the most Inc. 500 companies – 66 (down from 77 last year). Methodology The 2006 Inc. 500 list measures revenue growth from 2002 through 2005. To qualify, companies had to be U.S.-based, privately held independent – not subsidiaries or divisions of other companies – as of December 31, 2005, and have, and have at least $600,000 in net sales in the base year. Visit http://www.inc.com to dig deeper into this year’s Inc. 500 rankings To celebrate the 25th annual Inc. 500 list, Inc.com has assembled an exclusive lineup of interactive resources that includes: • Interactive maps allowing for quick insight into regional and industry trends • A timeline of world events and pop culture trends that shaped the past 25 years that explains how the Inc. 500 corresponds to and is reflected by those events • Slide shows of the top companies and most innovative products from the Inc. 500 class of 2006 • A quiz that includes interesting facts such as which former Inc. 500 CEO won a World Series ring. Inc., http://www.inc.com Inc. is the only major business magazine dedicated exclusively to owners and managers of growing private companies, delivers real solutions for today’s innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Inc., a Mansueto Ventures LLC publication, inspires and informs, with cutting-edge coverage that reflects our readers’ energy, brashness, and imagination.
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