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RapidAdvance Chairman and CEO Lee J. Jundanian Named Ernst & Young Entrepreneur Of The Year® 2008 Award Finalist in Maryland
Maryland, May 15, 2008 - RapidAdvance, LLC today announced that Chairman and CEO Lee J. Jundanian is a finalist for the Ernst & Young Entrepreneur Of The Year® 2008 Award in Maryland. According to Ernst & Young LLP, the awards program recognizes entrepreneurs who demonstrate extraordinary success in the areas of innovation, financial performance and personal commitment to their businesses and communities. Jundanian was selected as a finalist from nearly 50 nominations by a panel of independent judges. Award winners will be announced at a special gala event on June 19 at the Baltimore Marriott Waterfront Hotel.
RapidAdvance is a leading provider of merchant cash advances in North America. By purchasing a portion of merchants' future credit card receivables, RapidAdvance is able to provide small and midsized business owners with quick and convenient access to the working capital they need to continue to grow and prosper.
"The Ernst & Young Entrepreneur Of The Year award program has been setting the standards for excellence in entrepreneurship for more than 20 years," Jundanian said, "and it is truly an honor to be chosen as a finalist for this respected award."
The Ernst & Young Entrepreneur Of The Year awards program celebrates its 22nd anniversary this year. The program has expanded to recognize business leaders in over 135 cities in 50 countries throughout the world.
Regional award winners are eligible for consideration for the Ernst & Young Entrepreneur Of The Year national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California on November 15, 2008. The awards are the culminating event of the Ernst & Young Strategic Growth Forum, the nation's most prestigious gathering of high-growth, market-leading companies.
Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year awards are pleased to have the Ewing Marion Kauffman Foundation and SAP America as national sponsors.
About RapidAdvance
RapidAdvance, based in Bethesda, Maryland, is a leading provider of merchant cash advances to small and mid-sized business owners looking to obtain additional working capital. Business merchants use RapidAdvance's service to fund expansion, purchase equipment and inventory, pay off debt or leverage a seasonal opportunity. Funding is quick and easy and does not require the traditional guarantees, liens or collateral associated with bank loans. For more information about RapidAdvance's business funding solutions, please call 877.467.2743 or visit www.RapidAdvance.com.
About Ernst & Young's Entrepreneur Of The Year
Ernst & Young's Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. The award makes a difference through the unique way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Ernst & Young Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.
For more information, please visit www.ey.com.
Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
This news release has been issued by Ernst & Young LLP, a member firm of Ernst & Young Global Limited.
