IT News Online – Sales Boomerang ranks 19th on Financial Times list of Americas fastest growing companies

Send2Press Newswire
2022-04-06

BALTIMORE, Md., April 6, 2022 (SEND2PRESS NEWSWIRE) — Sales Boomerang, the mortgage industry’s top-rated automated borrower intelligence and retention system, announced today that it has risen to the top of the Financial Times of Americas Fastest Growing Companies, ranked 19th overall, first among fintech companies and third in technology. Now in its third year, the Americas’ Fastest Growing Companies 2022 ranking identifies companies in North, Central and South America with the strongest revenue growth between 2017 and 2020.

Sales Boomerang’s Borrower Information System monitors lender databases and alerts mortgage advisors when a past or potential borrower is ready for a loan. Sales Boomerang’s automated loan opportunity alerts help identify ideal times to present loan opportunities to consumers, providing lenders with an average 20-40% increase in loan volume and customer retention rates that can reach 85%.

The Financial Times is one of the world’s leading news publications. Each year, the Financial Times partners with Statista to research and identify the 500 companies that have shown the most explosive revenue growth over a three-year period. To be eligible, companies must be headquartered in the Americas and have generated at least $100,000 in revenue in 2017 and $1.5 million in 2020.

“As the mortgage industry’s first automated borrower intelligence and retention platform, Sales Boomerang has earned an excellent reputation throughout the housing finance ecosystem,” said Alex Kutsishin, Founder and CEO. by Sales Boomerang. “Sales Boomerang owes its incredible growth to our agile team of data experts and our loyal lending customers, for whom we have identified hundreds of billions of dollars in potential lending opportunities.”

From 2017 to 2020, Sales Boomerang experienced a meteoric growth of 3882% in revenue. In 2021 alone, Sales Boomerang’s automated borrower intelligence alerts provided $468 billion in lending opportunities to more than 150 Independent Mortgage Banks (IMBs), banks and credit unions.

Americas fastest growing companies in 2022 will be featured in the weekday edition of the Financial Times newspaper. A special report featuring the full interactive ranking, along with articles from Financial Times correspondents on the trends highlighted by the research, can be found here: https://www.ft.com/reports/americas-fastest-growing- companies.

About Sales Boomerang:

Sales Boomerang transformed the relationship between mortgage lenders and borrowers with the introduction of the first automated borrower information system in 2017. The company’s smart alerts notify lenders the moment a former client or prospect is ready and qualified for a loan. More than 150 lenders, including brokers, independent mortgage companies, credit unions and banks, trust Sales Boomerang, the mortgage industry’s #1 borrower engagement tool, to help build lasting relationships with borrowers that maximize customer lifetime value. To date, Sales Boomerang alerts have enabled lenders to close more than $150 billion in incremental loan volume that would otherwise have been overlooked and achieve customer retention rates that exceed industry standards. 3 to 5 times on average. To learn more about Sales Boomerang and its No Borrower Left Behind™ philosophy, visit https://www.salesboomerang.com.

About the Financial Times:

The Financial Times is one of the world’s leading business news organizations, recognized internationally for its authority, integrity and accuracy. The FT has a record readership of 1.2 million readers, of which more than a million are digital subscriptions. It is part of Nikkei Inc., which provides a wide range of information, news and services for the global business community.

@SalesBoomerang @FinancialTimes #fintech #digitalmortgage #mortgageindustry #mortgagemarketing #noborrowerleftbehind

News Source: Sales Boomerang

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David A. Albanese