Minnetonka, MN, August 30, 2022 – Brad Peterson, President & Chief Executive Officer at Channel, announced the company has earned a place on the Inc. 5000 annual list of the fastest-growing private companies in America for a 10th consecutive year. Just under 45,000 companies have been named to the list since it began in 1982, of which only 90 appeared 10 or more times and even fewer for 10 years consecutively. The list represents a unique view of the most successful companies within a dynamic segment of the economy—its independent businesses.
“Channel’s continued growth and success has always been easily attributed to the power of our people and their intense commitment to our industry and partners,” said Peterson. “To consistently rank among the fastest growing private companies since becoming eligible is truly remarkable and a hard-earned, exciting recognition of our passionate, dedicated team for whom I am extremely proud.”
Adrian Hebig, Chief Operating Officer said, “Our culture is growth, of our relationships with partners, small business owners, and team members. We begin each day thinking about how we can positively impact those we serve, and I believe this dedication is what keeps us among the fastest growing independent companies year after year.”
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Together, those companies added more than 68,394 jobs over the past three years.
“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”
Complete results of the Inc. 5000, including company profiles and an interactive database that may be sorted by industry, region, and other criteria may be found at www.inc.com/inc5000.
Established in 2009, Channel is the only full-service independent lender offering a single source solution for equipment finance and working capital exclusively through equipment finance companies for their SMB customers. The company has grown to more than 120 employees and has funded $1 billion to more than 8,500 businesses to-date. Channel is headquartered in Minnetonka, MN, with offices in Atlanta, GA, Des Moines, IA, and Marshall, MN.