Published: September 07, 2010
PayLease, Inc. Ranked in Inc. Magazine's 29th Annual List of America's Fastest-Growing Private Companies—The Inc. 500
SAN DIEGO - (BUSINESS WIRE) - PayLease,
Inc., an online service provider that streamlines the process of
lease collection, today announced they have been named to the prominent
Inc. 500 list for the first time. PayLease ranked 494th on
the list of the nation's fastest-growing private companies. The list
represents the most comprehensive look at the most important segment of
the economy-America's independent-minded entrepreneurs. In addition to
the Inc. 500 recognition, PayLease ranked in the 2010 Red Herring 100 in
North America and the San Diego Business Journal's annual list of
Fastest Growing Private Companies.
PayLease is a payment processing company with a specific target market
in the property management industry including residential, homeowner
association and commercial management clients. The company currently
processes payments for over 1,100 property management companies
throughout the US ranging in unit size from 100 to over 1.2 million
units while maintaining 95 percent client retention.
"We are thrilled to be included in the Inc. 500 list of fastest-growing
companies," said Ty Kalklosch, president of PayLease, Inc. "Inclusion on
the prestigious list is a testament to our never-ending effort to
simplify online transactions in the real estate property management
industry. We are proud to share our accomplishments with the business
community and look forward to continued success."
The 2010 Inc. 500 is ranked according to percentage revenue growth when
comparing 2006 to 2009. To qualify, companies must have been founded and
generating revenue by June 30, 2006. Additionally, they had to be
U.S.-based, privately held, for profit, and independent-not subsidiaries
or divisions of other companies-as of December 31, 2009. (Since then, a
number of companies on the list have gone public or been acquired.) The
minimum revenue required for 2006 is $80,000; the minimum for 2009 is $2
million. As always, Inc. reserves the right to decline applicants for
subjective reasons. The companies of the Inc. 500 represent the top tier
of the Inc. 5000, which can be found at www.inc.com/500.
About PayLease, Inc.:
PayLease is a privately held corporation located in San Diego,
California. Since incorporating in May 2003, PayLease has grown to now
serve clients in nearly all 50 states. PayLease's mission is to
streamline lease payments and collection processes while providing world
class customer service throughout the United States. Through technology
and years of experience in the residential and commercial property
industry, PayLease has created a payment system that specifically caters
to the property management industry. For more information, please visit https://www.paylease.com.
Zenzi Communications
Bailey Payer, 858-523-9020
bailey.payer@zenzi.com
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