Posts in Category: Financing

Equities First Holdings beats traditional banks

Equities First Holdings has operated for less than two decades. It has made a name in a sector which is dominated by many banks some of which are more than two hundred years old. It has been in a position to achieve this due to an innovative business practices. Although a majority of these traditional banks have a huge capital base, they still require security for one to access loans.Moreover, they have many terms and conditions. This is what locks out many borrowers from doing business with them. Equities First Holdings realized the existence of the market gap and decided to take lending to a whole new level. Anybody who owns stock in a publicly traded firm can access investment credit facilities from the firm with minimal terms and conditions. As such, he or he in a position to accomplish his personal, business or professional goals. The firm has served many clients since it started its operations in Indiana.


GreenSky Credit Opens New Avenues

GreenSky Credit is a leading financial technology company that helps connect customers with lenders. It gives customers a way to access funds to be used for home improvement projects. GreenSky Credit is based in Atlanta, Georgia, and it’s lead by David Zalik, CEO.

By dealing with local banks, merchants, and professionals, GreenSky Credit can reach a wide audience base around the country. Their success is due, in part, to the fact that today’s market consist of people who want convenience and mobility. Instead of requiring an individual to head out to the bank with a stack of papers in hand, much of the work can be done through a mobile device. Since today’s routines are governed by our phones, it makes sense that obtaining lines of credit for small projects can also be handled this way.

David Zalik has always been good with numbers. He skipped high school and went straight to Auburn University, starting his first business in his first year of college. This venture, MicroTech Information Systems, involved selling refurbished computers to fellow students and eventually to corporations. Zalik ended up dropping out of Auburn and going on to sell MicroTech, then later launching the Phoenix and Outweb companies. He found his way into the credit business in 2006, when he had a new idea to become a sort of hassle-free middleman.

Now, Zalik oversees an operation that allows people to instantaneously access credit so that funding home projects and medium-sized purchases can be made easier. GreenSky Credit speeds up the process so that customers can scan their driver’s licenses instead of typing in all of their information.

The whole process can take just a few minutes, so you can do all of this in the aisle of a Home Depot while shopping for materials for a new kitchen. What GreenSky Credit does primarily is to open up new options for everyday consumers. The credit that Zalik and GreenSky Credit can provide include loans up to $65,000.

Giving people options is what many businesses are all about, and GreenSky has certainly found a smart way to open up new pathways to making improvements.