Details

Published: December 10 2014

This year, ANF Group, Blue Star Foods, Eastern National Bank, T&G Constructors and Bankers Healthcare Group made their debut in South Florida Business Journal's Top 25 South Florida Hispanic-Owned Businesses of 2014. Brightstar Corporation of Miami sits at the top of the list with $7.2 billion in revenue.

"It's truly an honor to be recognized among other leading Hispanic-owned businesses in South Florida," said Bob Castro, president and co-founder of Bankers Healthcare Group, a leading provider of innovative financing solutions for healthcare professionals and number 16 on the list. "Together, we're contributing to our region's economic development and forging a path for future Hispanic entrepreneurs in the U.S."

Rankings were based on 2013 revenue. In addition to SFBJ's list of 25 businesses, SFBJ referenced a report from WalletHub that demonstrates South Florida's exceptional atmosphere for Hispanic entrepreneurship compared to other U.S. cities.

Using 19 metrics (corporate tax structure, business share, entrepreneur rates, etc.), WalletHub examined minority business in the 150 largest U.S. cities. Pembroke Pines of South Florida topped their list as the best city in the U.S. for Hispanic entrepreneurs.

Other ranked South Florida cities include Fort Lauderdale (17), Miami (42) and Hialeah (72). Outside of South Florida, five otherFlorida cities were also ranked: Jacksonville (6), St. Petersburg (8), Port St. Lucie (65), Cape Coral (73) and Tallahasee (99).

"Our Hispanic business population is a driving force in American business that will continue to grow in success, stature and influence," SFBJ quoted Javier Palomarez, president and CEO of the U.S. Hispanic Chamber of Commerce.

According to WalletHub, the 3.1 million Hispanic-owned businesses in the U.S. collected $486 billion in revenue in 2013. Geoscape and the U.S. Hispanic Chamber of Commerce predict that there will be 3.22 million Hispanic-owned businesses in the U.S. by the end of 2014, a 43 percent increase since 2007. 

About Bankers Healthcare Group, Inc. 
Since 2001, Bankers Healthcare Group has been committed to providing hassle-free financing solutions for healthcare professionals, allowing them to remain focused on delivering high quality care. BHG has provided more than $1 billion in funding to thousands of satisfied customers nationwide. Inc. has recognized the company nine times for growth and job creation. For additional information, please visit www.bhg-inc.com or follow @BHGstat on Twitter.