Credit Acceptance Named to 2025 Crain's Fast 50 List

Rhea-AI Summary

Credit Acceptance (NASDAQ:CACC) has been named to the 2025 Crain's Fast 50 list for the ninth time, highlighting its position among metro Detroit's fastest-growing companies. The company reported significant growth with revenue increasing 29.5% to $2.2 billion in 2024 over a five-year period.

The recognition adds to CACC's impressive list of 2025 workplace awards, including ranking #34 on Fortune's 100 Best Companies to Work For®, #2 on Top Workplaces USA, and #4 on Top Workplaces in Financial Services. The company's success is attributed to its unique financing program that enables automobile dealers to serve customers regardless of credit history.

Positive

• Revenue growth of 29.5% to $2.2 billion over five years
• Multiple prestigious workplace recognitions in 2025
• Consistent growth demonstrated by ninth appearance on Crain's Fast 50 list
• Profitable operations maintained over the five-year measurement period

Negative

• None.

Southfield, Michigan, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named to the 2025 Crain’s Fast 50 list for the ninth time.

“It’s an honor to be named one of the fastest-growing companies in metro Detroit,” said Jay Martin, Chief Financial Officer, Credit Acceptance. “Our growth reflects the power of our unique approach—helping automobile dealers finance consumers regardless of credit history. Our program not only sets us apart as market leaders, but it also creates a shared success story for our dealers, consumers, and communities.”

In addition to supporting our mission of changing lives, our work also creates significant financial benefits. Over the past five years, our revenue has increased by 29.5% to $2.2 billion in 2024.

This is the fifth workplace award we have received this year, including reaching #34 on Fortune’s 2025 100 Best Companies to Work For^® list, #2 on the 2025 Top Workplaces USA list, and #4 on the 2025 Top Workplaces in Financial Services list.

Crain’s Fast 50 list spotlights metro Detroit’s fastest-growing companies based on their revenue growth (measured both by percentage and absolute dollar increase) over the most recent five-year period and requires profitability over that same period.

About Credit Acceptance

We make vehicle ownership possible by providing innovative financing solutions that enable automobile dealers to sell vehicles to consumers regardless of their credit history. Our financing programs are offered through a nationwide network of automobile dealers who benefit from sales of vehicles to consumers who otherwise could not obtain financing; from repeat and referral sales generated by these same customers; and from sales to customers responding to advertisements for our financing programs, but who actually end up qualifying for traditional financing.

Without our financing programs, consumers are often unable to purchase vehicles, or they purchase unreliable ones. Further, as we report to the three national credit reporting agencies, an important ancillary benefit of our programs is that we provide consumers with an opportunity to improve their lives by improving their credit score and move on to more traditional sources of financing. Credit Acceptance is publicly traded on the Nasdaq Stock Market under the symbol CACC. For more information, visit creditacceptance.com.

Investor Relations: Jay Brinkley
Senior Vice President & Treasurer
(248) 353-2700 Ext. 6739
IR@creditacceptance.com

FAQ

What is Credit Acceptance's (CACC) revenue growth in 2024?

Credit Acceptance reported revenue of $2.2 billion in 2024, representing a 29.5% increase over the past five years.

What rankings did Credit Acceptance (CACC) achieve in workplace awards for 2025?

In 2025, CACC ranked #34 on Fortune's 100 Best Companies to Work For®, #2 on Top Workplaces USA, and #4 on Top Workplaces in Financial Services.

How many times has Credit Acceptance been named to Crain's Fast 50 list?

Credit Acceptance has been named to Crain's Fast 50 list nine times, with the most recent recognition in 2025.

What is Credit Acceptance's (CACC) business model?

Credit Acceptance provides innovative financing solutions that enable automobile dealers to sell vehicles to consumers regardless of their credit history, while helping consumers improve their credit scores through payment reporting to credit agencies.

Who is the CFO of Credit Acceptance (CACC) in 2025?

Jay Martin serves as the Chief Financial Officer of Credit Acceptance as of 2025.