Quantcast

Rifco Ranked as one of Canadas Fastest-Growing Companies by PROFIT Magazine - Live5News.com | Charleston, SC | News, Weather, Sports

Rifco Ranked as one of Canadas Fastest-Growing Companies by PROFIT Magazine

Posted: Updated:

Red Deer, Alberta / ACCESSWIRE / June 12, 2014: Rifco Inc. (TSX.V: RFC) is pleased to announce that the Company has been ranked 261st on the 26th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the July issue of Canadian Business and online at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their revenue growth over five years.

Rifco made the 2014 PROFIT 500 list with five-year revenue growth of 216%.

Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the PROFIT 500 profiles the country’s most successful growth companies. “The members of the PROFIT 500 are the elite of the country’s entrepreneurial community,” says James Cowan, Editor-in-Chief of Canadian Business and PROFIT. “Their stories are lessons in business strategy, innovation, management excellence and sheer tenacity.”

“Rifco National Auto Finance has succeeded because we add value to Canadian automobile dealerships. Increasingly, our speed and service at processing auto loan applications is being recognized.” said Bill Graham, President and Chief Executive Officer. “We look forward to continuing our growth in the years ahead.”

About PROFIT and PROFITguide.com

PROFIT: Your Guide to Business Success is Canada’s preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 32 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it’s a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com.

About Canadian Business

Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a readership of more than 800,000, it is the country’s premier media brand for executives and senior business leaders. It fuels the success of Canada’s business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business–what leadership looks like.

About Rifco Inc.

Rifco Inc. operates through its wholly owned subsidiary Rifco National Auto Finance Corporation to provide automobile loans through its dealership network across Canada.

Rifco National Auto Finance provides consumers with financing options on new and used vehicles. Rifco specializes in building long-term partnerships with dealers by investing time in personalized services through dedicated account representatives. Rifco’s quick credit decisions, common sense lending, and expedited funding processes give its dealers better financing options and more closed deals. Rifco’s most successful partnerships result in “Fast Forward 500 Club” status for its loyal dealerships.

Rifco is committed to continuing growth. Key strategies for achieving this growth include the expansion of its automobile dealer base, excellence in credit and collections processes.

The common shares of Rifco Inc. are traded on the TSX Venture Exchange under the symbol “RFC”. There are 21.03 million shares outstanding and 22.21 million (fully diluted) shares.

CONTACT:

Rifco Inc.

Lance A. Kadatz

Vice President and Chief Financial Officer

Telephone: 1-403-314-1288 EXT 7007

Fax: 1-403-314-1132

Email: kadatz@rifco.net

Website: www.rifco.net

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

ReleaseID: 416798

  • NEWS LocalNEWSMore>>

  • Phone call tip leads to four arrests in Charleston

    Phone call tip leads to four arrests in Charleston

    Tuesday, July 22 2014 11:36 PM EDT2014-07-23 03:36:45 GMT
    Charleston police officers are crediting a concerned citizen for four arrests on Tuesday morning.A department spokesperson said they received a tip about several men with handguns along Norman Street at around 1am.After a responding officer tried to pull over a vehicle with several males inside, the men fled on foot. Four of the men were arrested, while two were able to elude police. Two handguns were located inside the vehicle.Lamar Scott Brisbane, 20, Dontez Alonzo Wright, 25, Aldean Cordre...More >>
    Charleston police officers are crediting a concerned citizen for four arrests on Tuesday morning.A department spokesperson said they received a tip about several men with handguns along Norman Street at around 1am.After a responding officer tried to pull over a vehicle with several males inside, the men fled on foot. Four of the men were arrested, while two were able to elude police. Two handguns were located inside the vehicle.Lamar Scott Brisbane, 20, Dontez Alonzo Wright, 25, Aldean Cordre...More >>
  • US Marshals: Fugitive fatally wounded in St. George was Conn. murder suspect

    US Marshals: Fugitive fatally wounded in St. George was Conn. murder suspect

    Tuesday, July 22 2014 3:58 PM EDT2014-07-22 19:58:52 GMT
    Charleston County Sheriff's officials say a man wanted for murder died at the hospital after SLED agents shot him when he showed a weapon during a foot chase outside a St. George motel on Tuesday.More >>
    Charleston County Sheriff's officials say a man wanted for murder died at the hospital after SLED agents shot him when he showed a weapon during a foot chase outside a St. George motel on Tuesday.More >>
  • Berkeley County School Board bans parent coaches

    Berkeley County School Board bans parent coaches

    Wednesday, July 23 2014 1:33 AM EDT2014-07-23 05:33:28 GMT
    The Berkeley County School Board voted unanimously to ban parent coaches Tuesday evening. It took less than 10 seconds for the board to approve the ban that keeps volunteer parents from coaching their children at both the varsity and junior-varsity levels.
    More >>
    The Berkeley County School Board voted unanimously to ban parent coaches Tuesday evening. It took less than 10 seconds for the board to approve the ban that keeps volunteer parents from coaching their children at both the varsity and junior-varsity levels.



    More >>
Powered by WorldNow