LBA Ware Climbs Over 1,000 Spots to Clinch Inc. 5000 for Second Consecutive Year

Staff Report

Friday, August 21st, 2020

LBA WareTM, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced it has ranked number 2,173 on Inc. magazine’s annual Inc. 5000 list, a ranking of the nation’s fastest growing companies. This is LBA Ware’s second consecutive appearance on the Inc. 5000 list, which represents a unique look at the most successful companies within the American economy’s most dynamic segment — its independent small businesses.

“We are thrilled to be recognized on the Inc. 5000 for a second consecutive year, advancing 1,293 spots over last year’s ranking,” said LBA Ware Founder and CEO Lori Brewer. “LBA Ware’s sustained momentum is the direct result of our commitment to helping mortgage lenders resolve their most acute business challenges, from managing incentive compensation to extracting actionable, real-time business intelligence from production data.”

Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.

“The companies on this year’s Inc. 5000 come from nearly every realm of business,” said Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”

The complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000.