ST. CLOUD - A St. Cloud company has won a "Torch Award For Ethics" from the Minnesota Better Business Bureau.

Preferred Credit Incorporated was one of two finalists in the category for 175-or-more employees.

Preferred Credit started in 1982. Their website says their mission is “to be the preferred financing company for direct sales in the U.S.”

The Torch Awards recognize companies that strive to go above and beyond with their customers, employees, vendors and community.

The award ceremony was held Thursday morning on the University of Minnesota campus. More than 300 business owners and community leaders attended.