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FundThrough Announcements
FundThrough places No. 54 on The Globe and Mail’s third-annual ranking of Canada’s Top Growing Companies
Toronto, ON-FundThrough is pleased to announce it placed No. 54 on the 2021 Report on Business ranking of Canada’s Top Growing Companies.
Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. FundThrough earned its spot with three-year growth of 1,071%.
Propelling the rapid expansion are client relationships with other fast-growing companies; by enabling them to quickly receive cash for their outstanding invoices they skip waiting 30, 60, or 90 days for customers to pay. With FundThrough’s technology-backed invoice funding platform, companies control when they get paid without impacting customer payment terms so that their money is readily available to invest in their business.
“We’re excited and honoured to be included for the third year in a row,” said Steven Uster, FundThrough CEO. “What’s even more exciting is seeing clients on the list who worked with us to fund projects that they wouldn’t have had the cash to take on otherwise, and their growth as a result.”
Launched in 2019, the Canada’s Top Growing Companies editorial ranking aims to celebrate entrepreneurial achievement in Canada by identifying and amplifying the success of growth-minded, independent businesses in Canada. It is a voluntary program; companies had to complete an in-depth application process in order to qualify. In total, 448 companies earned a spot on this year’s ranking.
The full list of 2021 winners, and accompanying editorial coverage, is published in the October issue of Report on Business magazine—out now—and online.
“As we look toward the future, Canada’s Top Growing Companies offer both inspiration and practical insights for other firms facing similar challenges,” says James Cowan, Editor of Report on Business magazine. “The entrepreneurs behind these companies are smart, tenacious and unwavering in their commitment to their goals.”
“Any business leader seeking inspiration should look no further than the 448 businesses on this year’s Report on Business ranking of Canada’s Top Growing Companies,” says Phillip Crawley, Publisher and CEO of The Globe and Mail. “Their growth helps to make Canada a better place, and we are proud to bring their stories to our readers.”
About The Globe and Mail
The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 6.4 million readers every week in print or digital formats, and Report on Business magazine reaches 2 million readers in print and digital every issue. The Globe and Mail’s investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.
About The Globe and Mail
FundThrough is a leading player in the fintech small business working capital space. Based in Toronto, the company accelerates cash flow and enables growth. Its invoice funding platform re-imagines invoicing so that small- and medium-sized businesses can get paid instantly and eliminate “the wait” associated with customer payment terms. For more information, go to http://www.fundthrough.com.
See the Globe and Mail article here: https://www.theglobeandmail.com/business/adv/article-fundthroughs-cash-flow-solution-powers-many-of-canadas-top-growing/