Equities First Holdings is a credit services firm that was established 15 years ago in Indianapolis, Indiana. This is one of the organizations that have done a recommendable job in terms of delivering services to the people. Since the organization was started, it has had a huge impact on the financial industry. The founder of the firm, CEO Al Christy believes that the success of the firm comes from its ability to stick to simple matters that the majority of people love when it comes to financing needs. Everyone wants a productive business environment where they can work closely with a financial partner to boost the operations of the business. Equities First Holdings is offering shareholding loans which are easier to repay as compared to other loans. The success of this business model has been in its ability to attract the clients who have not been successful looking for financing from commercial banks. The regulations that guide shareholding loans offered by Equities First Holdings are not lenient and can work with almost every business.
David Zalik, the Chief Executive Officer (CEO) of GreenSky, is not like other CEOs of a major company.
Zalik, a billionaire, does not talk to the media much. He does not accept invitations to conferences. He has not spent last ten years raising outside capital. His employees don’t get free food or play games.
The latest move by his company is definitely something that other Silicon Valley companies would do. The Wall Street Journal believes that Zalik’s company will do an IPO but it will do it confidentiality. This move is unconventional but it will raise his company $1 billion with a $5 billion valuation.
If Zalik does go public, he would not be doing the same as companies like Credit Karma, Stripe and Uber as they don’t plan to go public. Private companies don’t go public because when they do, they are heavily pressured by investors and quarterly earnings. They can keep the cash to keep the company operating and growing.
Zalik’s company could change its mind and it will not do an IPO. It will not fill out the paperwork with Securities and Exchange Commission (SEC). This move would mean that it can prepare without the public spotlight on it.
Zalik, a 44-year-old, founded GreenSkyin 2006 and has, without fanfare, developed one of the biggest financial technology companies in America. Most companies like GreenSky would complain about banks and suggest to the public that they are a better way to do finance. Zalik has no problem with banks and actually has been working with banks for many years. n
One of the keys to GreenSky’s success that its bank partners are the ones who are taking the financial risk. Some of its bank partners are SunTrust, Regions and Fifth Third and they are the ones that GreenSky loans as part of their balance sheets. Zalik’s company will not be in trouble if any of these loans defaults. GreenSky does benefit from their relationship with their bank partners and they pay 1 percent of the balance from GreenSky loans.
Zalik thinks out of the box and so far, has been rewarded for doing so.
The small and medium-sized enterprises in the southern United States have always looked up to Southridge Capital for their financial needs. The company is known for their diversified investments and holdings, which is later used to fund small and medium-sized entrepreneurs. The holdings company is also known for providing business plans to their clients that would make them successful. Southridge Capital is also specializing in financial transactions that help out business people and entrepreneurs in making their business grow. They are instrumental in changing the lives of people who are into the business world, and without their services, it would be difficult for them to achieve success.
Since 1996, Southridge Capital has aggressively invested in a lot of options. One of the company’s costliest investments is the $1.8 billion capital raised for business around the world. They are hoping that the investments they released would help the new generation of entrepreneurs to succeed. These companies have made Southridge Capital their partner, and with the growing number of local and international companies which are forging partnerships with the financial firm, Southridge Capital is expected to make it big worldwide. One of the reviews about Southridge Capital is their willingness to help their clients, and they are also recognized for giving effective advice on how to become successful in the business industry.
Southridge Capital is dedicated to helping their clients succeed, and it is the reason why they partnered with Elite Data Services Inc., a Texas-based Tech Company which manufactures software and applications used for managing a business. Stephen Hicks, the CEO of Southridge Capital, revealed that the financial firm just underwent an equity purchase agreement with the Elite Data Services Inc. He stated that the partnership is essential for the growth of both companies, and with the partnership between Southridge and Elite Data Services Inc., it will be easier for them to cater the needs of their clients. As a part of the partnership deal, Elite Data Services Inc. will also create software exclusively for the use of Southridge Capital and its clients. Stephen Hicks is excited with the new innovate that will result from the partnership. Check out their website southridge.com
See more: http://www.southridge.com/our-services
The UAE’s largest metropolis Dubai, has recently been treated to days of a fun and games festival brought to them courtesy of Sanjay Shah. This event is called Autism Rocks, a philanthropy organization that Sanjay Shah Denmark put together to help raise funds for autism research and cures. The reason Shah has done this is because he’s raising a son who has autism, and the joy he’s experienced doing so is something he wants to share with others. He wants people to know that those with autism can do a lot of special things, and he’s been able to bring artists like Flo Rida and Tyga to perform for this event.
He was raised in the UK by two parents from third world countries, and Shah wanted to help those countries by becoming a doctor when he grew up. Well, his plans to do that didn’t quite work out, so he went into banking and finance instead. While Shah did very well in this profession, he didn’t like the idea of doing the same old commute everyday from home to his office.
In the financial crisis of 2008, Shah was laid off from his job and had to figure out what he was going to do next. He didn’t have much money, but he managed to lease a small office located in a quaint corner of London. He became a financial advisor and launched his own company, Solo Capital. The company grew quickly to million-dollar enterprise that offered investment and wealth management services, as well as proprietary trading.
Eventually, Shah retired and moved to Dubai. He’s spent a lot of time helping his son Nikhil go through different autism phases, and the Autism Rocks Foundation became one of Sanjay’s biggest passions. Autism Rocks has done shows all across the world, from the UK all the way through Africa and Asia.