Express Furniture Receives Small Business Award for Revenue Growth and Job Creation

Express Furniture Receives Small Business Award

Express Furniture Receives Small Business Award for Revenue Growth and Job Creation

Express Furniture Rental’s notable 23% growth and significant job generation is rewarded by lender.

SANTA BARBARA, CA, February 17, 2011 — Express Furniture Rental has been recognized with the “Small Business Award” from Cen Cal Business Finance Group in Fresno, CA. This award recognizes Express Furniture Rental’s outstanding growth in both revenue and job creation over the past 5 years. Since 2005, Express Furniture Rental has averaged annual sales growth of more than 23% and employment has expanded more than five-fold.

Each year Cen Cal Business Finance Group chooses recipients of the Small Business Award based on impressive sales growth and job creation. Cen Cal is committed to helping small businesses grow throughout California. In over 25 years, Cen Cal Business Finance Group has provided more than $1.125 billion in SBA 504 loans and other funding, resulting in almost 10,000 new jobs. Working with California Bank and Trust, in 2004 Express Furniture Rental used the Small Business Administration 504 loan program to purchase 1.52 acres located in the Foundry Business Park in south Fresno and constructed a 19,292 square foot office and warehouse building to house the corporate offices of the company.

“We were very proud to receive this award from the Cen Cal Business Finance Group. With the current owners and managers having worked for other national furniture rental and corporate housing companies, we are truly committed to the industry and to growing our business to better serve our clients, both locally and nationally. Over 50% of the ownership of Express is held by the managers who operate Express on a day-to-day basis and we feel we have the best employees in the industry. We look forward to welcoming more as we continue to expand.” – Dan Andberg, President.

About Express Furniture Rental

Express Furniture Rental was originally established in Southern California in 1985 as a subsidiary of McMahons Furniture, Inc. The current owners of Express purchased the last remaining Express Furniture Rental market located in Fresno, CA in 1998 and has since expanded operations in Phoenix, AZ, Tucson, AZ, Portland, OR, Seattle, WA, Sacramento, CA, Los Angeles, CA and San Diego, CA. Express provides furniture rental services to companies within the Temporary Housing Industry: Corporate Housing, Traveling Nurse, Insurance Housing and Student Housing businesses.

For more information about Express Furniture Rental, please visit their website: www.efrental.com. Contact Information: Jennifer Wright [email protected].

Express Furniture Receives Small Business Award for Revenue Growth and Job Creation

 

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