IOU Financial Ranks No. 32 on the 2014 PROFIT 500 List of Canada's Fastest Growing Companies
13 6월 2014 - 7:47AM
IOU Financial Inc. (TSX-V:IOU) ("IOU Financial", "IOU", or the
"Company") announced today that Canadian Business and PROFIT 500
ranked IOU Financial No. 32 on the 26th annual PROFIT 500, the
definitive ranking of Canada's Fastest-Growing Companies. Published
in the July issue of Canadian Business and online at
PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their
revenue growth over five years.
IOU Financial, an online lender to small businesses, made the
2014 PROFIT 500 list with five-year revenue growth of 1,924%.
"The members of the PROFIT 500 are the elite of the country's
entrepreneurial community," says James Cowan, Editor-in-Chief of
Canadian Business and PROFIT. "Their stories are lessons in
business strategy, innovation, management excellence and sheer
tenacity."
"IOU Financial is honoured to be on the PROFIT 500 ranking,"
says CEO Phil Marleau. "This achievement reflects the strength of
our lending platform and the dedication of our team."
About PROFIT and PROFITguide.com
PROFIT: Your Guide to Business Success is Canada's preeminent
media brand dedicated to the management issues and opportunities
facing small and mid-sized businesses. For 32 years, Canadian
entrepreneurs across a vast array of economic sectors have remained
loyal to PROFIT because it's a timely and reliable source of
actionable information that helps them achieve business success and
get the recognition they deserve for generating positive economic
and social change. Visit PROFIT online at PROFITguide.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving,
best-selling and most-trusted business publication in the country.
With a readership of more than 800,000, it is the country's premier
media brand for executives and senior business leaders. It fuels
the success of Canada's business elite with a focus on the things
that matter most: leadership, innovation, business strategy and
management tactics. We provide concrete examples of business
achievement, thought-provoking analysis and compelling
storytelling, all in an elegant package with bold graphics and
great photography. Canadian Business—what leadership looks
like.
About IOU Financial Inc.
IOU Financial, via its U.S. subsidiary, IOU Central, provides
small businesses throughout the U.S. access to the capital they
need to seize growth opportunities quickly. Typical customers
include medical and dental practices, grocery and retail stores,
restaurant and hotel franchisees and e-commerce companies. In a
unique approach to lending, IOU Central's advanced, automated
application and approval system accurately assesses applicants'
financial realities, with an emphasis on day-to-day cash flow
trends. It makes loans of up to $100,000 to qualified applicants
within a few business days, with affordable charges favorable to
cash-flow management. IOU Central's speed and transparency make it
a trusted alternative to banks.
Forward Looking Statements
Certain information set forth in this news release may contain
forward-looking statements that involve substantial known and
unknown risks and uncertainties. These forward-looking statements
are subject to numerous risks and uncertainties, certain of which
are beyond the control of IOU including, but not limited to, the
impact of general economic conditions, industry conditions,
dependence upon regulatory and shareholder approvals, the execution
of definitive documentation and the uncertainty of obtaining
additional financing. Readers are cautioned that the assumptions
used in the preparation of such information, although considered
reasonable at the time of preparation, may prove to be imprecise
and, as such, undue reliance should not be placed on
forward-looking statements. IOU does not assume any obligation to
update or revise its forward-looking statements, whether as a
result of new information, future events, or otherwise.
The TSX-V has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
CONTACT: For more information, please contact:
Philippe Marleau
Chief Executive Officer
(514) 789-0694 ext. 225
Mayco Quiroz
Chief Financial Officer
(514) 789-0694 ext. 298
IOU Financial (TSXV:IOU)
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