Funds Management

DAVID ZALIK: GREENSKY CREDIT ONLINE LENDER

Founded in 2006 as GreenSky Trade Credit LLC by David Zalik, GreenSky Financial LLC is a private equity firm based in the Southern state of Atlanta. It changed its name in December 2015 and offers quick and paperless financial services, credit and consumer lending to businesses through its online platform. It helps enterprises provide credit to their customers by acting as a program administrator and third-party service provider for federally and state insured chartered banks that offer consumer loans. Besides providing revolving credit products and installment loans it also provides credit programs for elective medical providers, home improvement merchants, and furniture retailers.

Through its merchant, retailer and provider networks all over the US, it serves both consumers and large, medium and small-scale businesses. David Zalik’s GreenSky offers business card service as well as same day funding for submitted invoices, online transaction management, credit services and invoice verification.

ABOUT DAVID ZALIK

Co-Founder and Chief Executive Officer for GreenSky, 43-year-old David Zalik were born in Israel with his family moving to the USA when he was four years old and settling in Alabama. His father became a Mathematics professor at Auburn, and he attended the same school his father was teaching but later dropped out to concentrate on building his computer assembly company, MicroTech. In 1996 then aged 22 years he sold the 20-employee company for a tune a few million dollars and moved to Atlanta. Zalik later founded Outweb Inc., a consultancy for businesses trying to create their websites, in 1999 after a few years of investing in the real estate sector. He helped start the Rockbridge Commercial Bank in 2006 which initially attracted capital from a clique of local investors including billionaire Bernie Marcus, co-founder Home Depot. In three years’ time, it failed making him lose up to $500,000 and lawsuits from the FDIC.

It is after all this that he founded GreenSky, which he named after hearing Willie Nelson’s rendition of Blue Skies. Robert Sheft, an investor, and founder of RMA Home Services, later joined him their big pitch being less hassle in offering their customers financing as compared to stalwarts like Wells Fargo and GE.

David Zalik has also served on the board of directors of The Marcus Community Centre, The Jewish Federation of Greater Atlanta and Hands on Atlanta. He has been a recipient of the 2000 Abe Schwartz Young Leadership award, 2003 catalyst Entrepreneur of the Year Award and 2016 EY Entrepreneur of the Year Award.

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Fiscal Market Specialist Gets it Right

Fiscal success is something in life that many people to achieve. The chance to be able to have a nest egg that is growing and keeping pace with inflation or even beating the market is one that many people seek out. People may find it hard for them to be able to achieve such fiscal success on their own will often find that it helps to have someone on their side who can provide them them with the kind of assistance they need. Someone who understands the markets well and can work within the framework of the market structure is often someone who is able to have the success they really need in life. Skilled financial managers such as Ken C. Griffin are noted for their ability to help people use the market effectively. Griffin has been able to demonstrate his skill with the market and helped show others have the marketplace can be used in order to help people around the world find economic opportunity. His work in this field has helped enjoy a great deal of financial success as well as illustrated his devotion to helping others to the same. Business Insider said his work has also helped lead to the creation of many jobs both locally in the United States and jobs across the world for those who work with him and his associates. His skills and understanding of the market have led him to a fortune that is estimated as one of world’s highest, with a net worth that is in the billions. According to wikipedia, Griffin is one of the world’s richest men as a result of his own skills. Griffin’s understanding of the markets began early when he was just a child. Growing up in a town along the coast of Florida allowed him to observe the marketplace in action. This part of the world attracts many people both from the United States as well as those from abroad who are looking for the chance to escape the cold and snow of their own lands. While here, he was able to prepare for this entrance in Harvard. At Harvard, he continued to explore the world of investments and the ways in which economics and financial markets can make the lives of people better. In doing so, he has helped people from other parts of the world learn as much about the world of finance as he has and have the same chances to be able to invest in the right way to get the kind of results that are ideal for all of their needs. The company that he founded, Citadel, has chosen to focus on the world of hedge fund management. This company is noteworthy as one of the world’s largest funds and one of the world’s most successful with highly impressive returns for all of those who choose to invest in it with Griffin. His dozens of employees are noted for their devotion to the needs of their customers as they help them get needed important fiscal advice.