Percent Named to Inc. 5000's List of Fastest-Growing Private Companies for Third Consecutive Year, Ranking #85
Driven by 70% revenue growth and $1.5+ billion in transactions, Percent sets a new benchmark in private credit.
NEW YORK, April 3, 2025 /PRNewswire/ -- Percent, the platform powering the modern credit marketplace, today announced the company's recognition on the Inc. 5000 Regionals: Northeast list for the third consecutive year. Fueled by a two-year revenue growth of 70%, Percent ranked #85 out of 154 fast-growing companies in the northeast region, up from #175 in 2024.
This recognition comes amidst significant growth for Percent, which saw $125.2 million funded across 65 deals, with a 16.2% current weighted average coupon rate and a weighted average investment term of 12.4 months so far in 2025. This represents a 41.3% growth in deal count and a 69.7% growth in issuance volume compared to the same period last year. This volume was on the back of a strong presence in the lender finance and asset-based securities vertical, which represented 81.0% of all deal activity on the platform this last quarter. This strong performance bolsters the company's historical performance, which has seen 590 deals fully repaid, totaling over $1.1B in principal returned and $59.8M in interest paid to investors who previously had limited access to the private credit asset class.
"At Percent, growth and innovation aren't just goals – they define how we operate. Our recent achievements are a testament to our team's dedication and the transformative impact we're making in private credit," said Nelson Chu, Founder and CEO of Percent. "We are proud that our investors are seeing not just innovation but results in the form of diverse, short-duration investments that offer more control, transparency and recurring income. By building a smarter, more accessible marketplace, we're equipping investors to navigate uncertainty with new opportunities, all while delivering transparency and efficiency to borrowers and underwriters. Percent is setting a new standard for the future of private credit."
The companies on this list show a remarkable rate of growth across all industries in the Northeast. Between 2021 and 2023, these 154 private companies had a median growth rate of 100 percent; by 2023, they'd also added 9,114 jobs and $6.7 billion to the region's economy.
"The honorees on this year's Inc. Regionals list are true trailblazers driving economic growth in their respective regions, industries and beyond. This list celebrates their achievements and tells the stories of remarkable companies that are fueling growth and adding jobs in local economies throughout the country," said Bonny Ghosh, editorial director at Inc.
This newest ranking follows Percent's placement on Inc. 5000 Regionals: Northeast 2024 and 2023 lists. For complete results of the Inc. Regionals: Northeast, including company profiles, visit www.inc.com/regionals/northeast.
Methodology
The 2025 Inc. Regionals are ranked according to percentage revenue growth over two years. To qualify, companies must have been founded and generating revenue by March 31, 2021. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, a number of companies on the list may have gone public or been acquired.) The minimum revenue required for 2021 is $100,000; the minimum for 2023 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Percent
Percent is unlocking private credit and providing unparalleled access through its modern private credit market, empowering investors, borrowers, and underwriters with innovative technology to increase the speed and frequency of transactions at a fraction of the cost. Founded in 2018, the New York-based fintech and FINRA-registered broker-dealer has facilitated over $1.5 billion in private credit transaction volume across asset-based securities and secured corporate loans. By streamlining everything from deal sourcing and structuring to ongoing surveillance and servicing, Percent creates an ecosystem where investors can discover vetted private credit opportunities while borrowers tap into flexible, competitively priced capital. Backed by leading venture capital firms including SIG Susquehanna, White Star Capital, and B Capital Group, Percent is poised to become the industry's standard for private credit, democratizing access to an asset class previously reserved for institutions.
Learn more at www.percent.com, or follow the company on LinkedIn, X, and Instagram.
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SOURCE Percent / BAM