PRESS RELEASE Q4 2020
Reliant Capital LLC announced its quarter-over-quarter growth showing a 37% percent increase. The Reliant leadership team has provided over $500 million in financing to small businesses across the United States.
“As a small business lender, Reliant had a front-row seat when it came to the pandemic’s effects on the economy. We are proud of our entire teams’ efforts to help our customers and partners navigate through this challenging time” said Jason Bernal, CEO of Reliant Capital “Our positive fourth-quarter results reflect the “Always on Offense” mantra our team ran with during the entire pandemic. Like many of our customers and partners, we feel stronger than ever before going into 2021.”
Over the last three months of 2020, Reliant has increased its year-over-year originations by over 300%, while increasing its employee headcount by 2X. Reliant recently opened its brand new, 5000 square foot Irvine, CA Headquarters, which will allow the company to better serve the financing needs of its customers and vendor partners.
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About Reliant Capital
With more than 100 combined years of experience, our team brings deep industry knowledge to each relationship. Reliant Capital serves as a trusted capital partner to leading manufacturers and distributors in their respective industries. We draw upon years of deal knowledge, diverse industry coverage and situation-specific credit expertise to provide innovative, fast & flexible financing solutions.