Sente Mortgage Named on Inc. Magazine’s 500|5000 List
Sente Mortgage is pleased to announce that Inc. magazine has ranked them No. 1437 on its sixth annual Inc. 500|5000, their exclusive ranking of the nation’s fastest-growing private companies. The list represents a comprehensive look at the most important segment of the economy—America’s independent entrepreneurs.
Sente Mortgage received the ranking by growing revenues 209 percent between 2008 and 2011. The company, now employing just over 100 people across the state of Texas, was ranked No. 82 nationally in the financial services category. Sente Mortgage joins Yelp, yogurt maker Chobani, Giftcards.com, KIND and famed hat maker Tilly’s, among other prominent brands featured on this year’s list.
“Our team at Sente is responsible for this achievement as well as our earlier number 6 ranking on the 2011 Austin Business Journal’s Fast 50 – their list of fastest growing Central Texas private companies. Without our dedicated staff and our business partners this wouldn’t have been possible,” says CEO, Tom Rhodes.
In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year’s list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at here.
“Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. Editor Eric Schurenberg.
About Sente Mortgage
Sente Mortgage is a Texas owned and operated mortgage bank, offering the widest variety of residential loan programs including conventional, reverse, FHA, VA, USDA, and jumbo. Their mortgage bankers, processors and underwriters all work together within the same organization making for an efficient, well-managed loan process. Sente Mortgage has offices in Austin, Dallas/Fort Worth, Houston, New Braunfels, and San Antonio.
In May of 2012 Austin Business Journal named Sente Mortgage one of Central Texas’ Best Places to Work for the second year in a row. In 2011 Sente Mortgage was awarded #6 ranking in the Austin Business Journal’s Fast 50; the publication’s listing of the area’s fastest growing companies.
Sente Mortgage NMLS ID #132111.
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.
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