June 2006

Irwin Commercial Finance makes The Monitor 100... Again!

In June, The Monitor, the trade magazine "For the Equipment Leasing Professional" published its annual top 100 companies list. Based on Net Assets, ICF ranked 48th — up four spots from 52nd in 2005. When growth rates year-over-year were analyzed, only five companies that ranked above ICF had growth rates better than ICF.This speaks to ICF's strong ability to generate growth organically rather than by acquisition.

Overall, there did not appear to be much movement in most of the company standings. This was partially due to lower merger and acquisition activities industry wide in 2005 compared to 2004 and prior years.

The Monitor also ranks based on volume; in this area ICF ranked 42nd, down one spot from 41st the year before. The biggest reason for the one spot drop was due to two companies in spot 37 and 40 that went unreported the year before. ICF's growth of 23.3% in this area was surpassed by only 14 of the 41 companies that ranked ahead of it.

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