DebtXS has been named one of the nation’s top 100 fastest-growing new companies in the June 2005 issue of Entrepreneur magazine. According to the ranking, DebtXS is the fastest growing company in Texas and has experienced the 17th fastest amount of growth in the United States. Founded in 2002 by Ken Talbert, DebtXS had more than $15 million in sales in 2004 and currently employs 150 people.
“Debt Negotiation is an essential service for consumers who do not want to file bankruptcy,” said Ken Talbert, DebtXS CEO and president. “We are overjoyed with being recognized by Entrepreneur magazine and will continue our commitment to excellence and to customer care.”
About Entrepreneur Magazine
The 11th Annual Hot 100 listing of fast-growing new businesses was compiled with assistance from D&B, a provider of global business information, tools and insight. Entrepreneur collected information and financial statements from up-and-coming entrepreneurial companies pulled from D&B’s massive database. Then, Entrepreneur measured each company’s sales growth from the date of inception, listing the businesses in growth order.
Each company that was considered for Entrepreneur’s Hot 100 list was founded no earlier than 2000, had more than $1 million in annual sales for 2004 and has a founder with a controlling interest in the business who is involved in daily operations. For the complete story and listing, pick up a copy of the June issue of Entrepreneur magazine, available on news stands May 25th.
For more than 25 years, Entrepreneur magazine has been the leading authority dedicated to empowering entrepreneurs worldwide to start and grow successful companies. More than 2 million readers turn to Entrepreneur every month (MRI, Fall 2004) for cutting-edge ideas to help them grow and improve their businesses.
DebtXS is a recognized leader in the debt settlement/negotiation industry and was recently ranked number 17 on Entrepreneur magazine’s Hot 100 list of the fastest-growing companies in the United States.
DebtXS was founded by Ken Talbert in 2002 after identifying a need for a company that would empower consumers with honorable alternatives to bankruptcy through the personalized and proven services of debt negotiation. DebtXS has grown exponentially and now has more than 150 employees, serving more than 12,000 clients and settling more than $2.5 million in consumer debt each month.
As the industry grows and matures, a steadfast approach will make certain that settlement/negotiation becomes a permanent option for the consumer who is burdened with debt and is facing financial hardship. DebtXS actively works with USOBA and other organizations to promote the debt settlement/negotiation industry, as well as to draft new standards and legislation to help consumers.