NewDay USA Named to Inc. 5000 List of America’s Fastest-Growing Private Companies
Leading VA Mortgage Lender Named to Prestigious List for First Time
FULTON, MD – December 18, 2017 – NewDay USA, a nationwide VA mortgage lender, today announced that it has been named to Inc. Magazine’s list of the 5,000 fastest-growing private companies in the U.S. for the first time. NewDay USA was ranked number 3,901 for 2017.
“Each year for 36 years, Inc. has recognized the fastest-growing private companies in America, and this year’s set of winners places the bar very high indeed,” said Eric Schurenberg, president and editor in chief at Inc. Media. “Companies that made the list, on average, have grown six-fold since 2013. During a stretch when the economy grew just 6.7 percent, that’s a result most businesses could only dream of. As an Inc. 5000 honoree, NewDay USA now shares a pedigree with Intuit, Zappos, Under Armour, Microsoft, GoPro, Timberland, Clif Bar, Patagonia, Oracle, Box, Grubhub, and dozens of other alumni that have gone on to become household names.”
NewDay USA is a nationwide VA mortgage lender focused on helping active military personnel, veterans and their families achieve their financial and housing goals. The company’s current headcount stands at 584, up 71% from 341 in 2014. NewDay projects that its total employment will grow to 1000 by 2020. Revenue has increased 61% over the past three years to $188.0 million from $117.1 million in 2014.
“One of our proudest achievements is that we have tripled the number of people employed by the company since 2012,” said Rob Posner, CEO of NewDay USA. “Through our focus on selection, training, and developing our team members, NewDay is honored to be developing the next generation of mortgage bankers in our industry.”