Red Deer company growing quickly

A Red Deer company has earned a place on the PROFIT 100 ranking of Canada’s fastest-growing companies.

A Red Deer company has earned a place on the PROFIT 100 ranking of Canada’s fastest-growing companies.

Rifco Inc. (TSXV:RIFCO) is ranked 41st on this year’s list, based on a five-year revenue growth rate of 1,812 per cent.

The PROFIT 100 list is produced by PROFIT: Your Guide to Business Success, a publication distributed almost exclusively to chief executives of companies with five to 250 employees, and with annual revenues of $1 million to $25 million. The magazine reaches 306,000 readers across Canada.

This year’s list appears in the magazine’s June issue, and can also be seen online at PROFIT100.com.

“We are pleased to count ourselves among this group of elite companies,” said Rifco president and CEO Bill Graham. “Our growth achievement speaks to the size of the opportunity in the Canadian auto finance marketplace.”

Rifco provides non-prime auto loans through a network of new and used vehicle dealers in every province except Saskatchewan and Quebec.