(Rancho Santa Margarita, CA, August 28, 2023) US Alliance Group, Inc (USAG), parent company to Electronic Cash Systems (ECS), revolutionizing the payment processing industry, today announced it has once again secured a spot on the prestigious Inc. 5000 Fastest-Growing Private Companies in America list for the 9th year.
Together, the 2023 Inc 5000 companies have provided 5,000 examples of how to scale business, generated $358 billion of revenue in 2022, and created 1,187,266 jobs. Nowhere else will you find a list of companies with a greater impact on the American economy.
The 2023 Inc. 5000 ranks companies according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent as of December 31, 2022. The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million.
With the drastic increase in minimum revenue throughout the years, the qualification standard has become more rigorous. However, USAG has risen from its humble startup in 2007 to securing the Inc 5000 List ranking of No. 2462 with a staggering 223% 3-year growth rate. It is a testament to the sheer dedication of each member of the USAG family. Their unwavering commitment, unparalleled dedication, creativity, and relentless pursuit of excellence have made this extraordinary achievement possible.
“The Inc. 5000 ranking is not just a list; it’s a testament to our unyielding spirit and remarkable growth within the nation’s fastest-growing private companies. This accolade is a resounding recognition of our unshakable determination to make our mark and thrive in the dynamic American economy. We’re not just keeping pace; we’re setting the pace for success! As we continue to ride this wave of success, we will not forget the values that brought us here – collaboration, innovation, and an unshakable commitment to our vision and faith.” – Fadi Cheika, CEO, USAG.
What sets the companies on this exclusive list apart is not only their competitiveness within their industries but also their incredible resilience and adaptability, especially in the face of the challenges that 2020 undoubtedly sparked. The payment processing landscape witnessed unprecedented upheavals as businesses nationwide struggled, and many failed, to remain afloat. Yet, USAG emerged stronger and more determined than ever before. Proving that it sees challenges as opportunities in disguise and has shown its ability to pivot with innovation in response.
This achievement is not just a milestone but a stepping stone toward greater heights. USAG is a company that thrives on challenges, grows through adversity, and redefines success at every step. It will continue to define the future of the payment processing industry, setting benchmarks that inspire others to follow.
For more information on the 2023 Inc 5000 List, visit www.inc.com/inc5000/2023.