PITTSBURGH, Penn. | September 13, 2011
Urban Lending Solutions, a provider of premier residential and commercial mortgage products and services, announced today that it has been ranked No. 205 in the 2011 Inc. 500 list of fastest-growing companies. In addition, the publication also named Chuck Sanders, CEO of Urban Lending Solutions, as one of the top-10 fastest growing black entrepreneurs in the nation.
"We are very proud of the growth we've experienced over the last few years," said T.J. Lewis, executive vice president at Urban Lending Solutions. "Our success in a weak housing market is a testament to Chuck's leadership and the strength of the team we have developed, the clarity of our mission and the confidence--on our part and our industry's--that our economy will be able to bounce back from the downturn."
Urban Lending Solutions saw a 1,529% increase in growth from 2007 to 2010, expanding its company from 50 employees to 700 in the same time. The company generated a127.3 million dollar revenue last year, a huge step up from its 2007 revenue of $7.8 million.
The company was ranked at No. 15 within the financial services industry.