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Payment Processor Tops Inc. 500 List Of Fastest Growing Companies

Tags » Processors

Litle & Co., a payment processor for direct marketing merchants, has announced that it was ranked number one on the Inc. 500 list of the country’s fastest growing private companies. Litle & Co. says it topped the list with a three-year sales growth of 5,629% and 2005 revenues of $34.8 Million. The Inc. 500 list can be found in the September print issue and will be available online on September 19th.

“We are truly honored to be recognized by Inc. Magazine as the fastest growing company in the country,” said Tim Litle, Chairman of Litle & Company. “Our unprecedented growth is an amazing accomplishment and can be attributed to our focus on technology, our unmatched direct marketing and payment processing knowledge, our unparalled customer service and our ability to manage risk. This focus not only helps our direct marketing customers increase revenue but it is also what sets us apart from the competition.”

Founded by pioneers in the payment processing industry, Litle & Co. is the only payment processing company focused specifically on direct marketers. Litle & Co.’s technology-forward approach boasts the newest generation of payment processing systems. The company’s solutions are tailored to merchants’ individual needs, without any hidden fees or arbitrary charges, and are based on a philosophy of “truth in pricing” and “truth in reporting.” Litle & Co.’s payment processing solutions help leading direct marketing merchants increase revenue by reducing declined authorizations and eliminating customer frustration.

“If you want to find out which companies are going to change the world, look at the Inc. 500,” said Inc. Editor Jane Berentson. “These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can’t live without. The Inc. 500 list is Inc. magazine’s tribute to American business ingenuity and ambition.”

The 2006 Inc. 500 list measures revenue growth from 2002 through 2005. To qualify, companies had to be U.S.-based, privately held independent – not subsidiaries or divisions of other companies – as of December 31, 2005, and have at least $600,000 in net sales in the base year.


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