GreenSky Credit works with banks, not against them

The fintech sector has been wracked by systemic problems and unicorns that turned out to be little more than ponies with fake horns strapped on their heads. Many of the industry’s startups were heavy on revolutionary fervor but light on anything resembling a viable business plan. These companies, such as OnDeck and Lending Club, sought to overthrow banking’s old regime and replace it with a radical new model where street people and drug addicts could have access to the same kinds of credit as General Electric. The results have been as clear as they were predictable. With both of those companies’ market values decimated, the fintech sector has been described by some as being on its last leg.

But there is one fintech company that has followed a radically conservative approach. GreenSky Credit, rather than chasing new ways to make NINJA loans work, decided to instead focus in on a tried and true way of making money in the lending business. By lending only to prime borrowers, GreenSky Credit has found a way to add tremendous value in the purchase of big-ticket items.

Unlike some other businesses in the sector, GreenSky Credit understood from the beginning that lending is not the same game as venture capital or futures speculation. The reason that the current banking model places so much emphasis on taking only good risks and being properly compensated for anything approaching subprime is that lenders do not participate in the upside. This means that the relative risks for lenders are not offset by the potential for huge gains. For bankers, those huge gains only come from steadily making solid loans to high-quality borrowers.

GreenSky Credit was able to apply this principle to borrowers who were looking to complete home renovations but who didn’t have the cash on hand to make the deal happen. The company recognized that many such deals were simply falling through as a result of customers underestimating the cost of home renovation projects.

Now, with loans from GreenSky Credit, everyone wins. The customers get their renovations, which often add more value to the homes than the projects cost. Banks get good loans to pad their books, and contractors get jobs that they would have lost.

 

https://en.wikipedia.org/wiki/GreenSky

Organo Gold: Taking The Coffee World By Storm

Some places in the United States are known for their longstanding coffee culture. They include areas such as Portland, San Francisco, and Seattle. These states are known for their tasty coffee brands that are made using one of the most experienced brewers in the nation. In these states, coffee taking is a culture that is not ending anytime soon. Many people will visit the places to have a taste of different makes of coffee drinks.

One of the favorite coffee brands that are highly consumed in the highlighted coffee towns is Organo Gold. This coffee making company is also marketed under the brand name Organo, and Bernardo Chua started it. This coffee is made with the application of the most modern technologies to ensure that coffee enthusiasts can’t stop craving for more. Organo Gold coffee is made the highest quality Arabica beans that are kept in clean conditions to ensure that they are safe for human consumption. The beans are processed using the most sophisticated technologies to ensure that the high quality is maintained throughout the production process. The coffee is just incomparable to other brands in that it retains the antioxidants as well as other crucial nutrients that are lost during roasting.

The company understands that people want a drink that is easy to prepare. They have put their coffee in sachets that are easy to prepare within the shortest period possible. This means that it is possible to make your favorite coffee taste from the comfort of your home without having to undergo the hectic of visiting a coffee shop. Organo Gold has a wide range of varieties that consumers can choose from. This means that those who love dark coffee are considered as well as those who like light drinks. Organo keeps all your coffee needs sorted at all times. Read more on Business for Home to know more.

What Makes the Brand Different?

The founder of Organo Gold, Mr. Bernardo Chua knows that there are innumerable coffee brands in the market. He has, therefore, brought out his products with a uniqueness that makes it the first choice for many coffee enthusiasts. Organo Gold coffee is the only brand that has red reishi mushroom. This natural additive brings a natural flavor to your drink as well as giving your body many beneficial nutrients that it requires for good health. These nutrients include essential amino acids that are necessary for normal functioning of the body organs as well as aiding the healing process. Read more: http://oldcurmudgeoncomics.com/2017/02/09/bernardo-chua-founder-and-ceo-of-organo-gold/

 

The Different Factors That Roseanne Bennett Considers About Work

When asked about productivity, Roseanne Bennett has provided some really useful tips. One thing that she has said was helpful for her was switching up the day between intense attention and time away in order to think about the day at hand. While at work, she thinks about the many different aspects to her productivity. Among the factors she thinks about are daily goals. One thing she has to consider is whether or not it is sustainable. It can actually be tricky for some people when it comes to finding out what is sustainable. One thing that people need is to learn about their limits. Read more Why Self-Care Is An Important Part Of Any Business Strategy

 

Other things she thinks about goes beyond merely bringing an idea to life. She also thinks about the risks involved. This goes to show that sometimes, just because an idea can be done does not mean that it should be done. In some cases, the idea is not worth the risk involved. This is one thing that Roseanne Bennett thinks about when she is looking at an idea. This is also one of the main reasons that Roseanne Bennett is very successful and admirable. There is also another factor that she thinks about for every idea.

 

Roseanne thinks about her ideas according to how passionate she is about them. She does not look at whether or not they make sense. She sees that if there is no passion in the idea, then the idea is not going to survive. Roseanne Bennett is very passionate about the work she does. She also takes the time to make sure that she is healthy enough to do the work. While she does have a busy day, she has managed to take it on in a way that is organized. Having a schedule is very important to taking on every task of the day. Visit This Page for related information.

 

Roseann Bennett founded the Center for Assessment and Treatment with her husband Todd, Roseann’s mission was to bridge the gap between in-home therapy and outpatient therapy.

 

Hussain Sajwani- The Clever Investor

Hussain Sajwani is the founder and chairman of DAMAC Properties, an international business entity that develops real estate. His journey in the world of business and investments started in the middle of 1990s.

After observing that there was an influx in the number of business people that came to Dubai, he set on building hotels that could offer accommodation. This was a significant step towards the startup of the journey. He founded the DAMAC properties. The business entity has grown to become the most significant property development firm in the region.

The DAMAC owner has made it possible for the company to acquire the know-how and experience in the investment world. Sajwani is one of the individuals that have the marketing, legal, sales, administration and finance knowledge required to build such an empire. Hussain Sajwani’s exceptional ability to be lead and invest has made the firm develop property in different cities such as Jeddah, Amman, Dubai, Abu Dhabi, London and many more.

The DAMAC Properties has almost 2000 employees. They have also been publicly-listed with shares on the Dubai Financial Market.

The business organization has the best track record since its foundation. The company has delivered more than 20,000 homes successfully. Besides, they also have a portfolio of 44000 units under development.

As one of the leading companies in the market, the company has partnered with a lot of different people and company brands. One of the most recognizable partnership is between DAMAC Properties and US president Donald Trump. The two have had meetings in the recent past. The main aim of the conference is the development of the property in the future.

The DAMAC owner is also a philanthropic individual. Hussain has the DAMAC Foundation that is assisting him in the charitable activities. He signed a partnership memorandum to sponsor the One Million Coder initiative. The program is aimed at providing a free programming training platform for one million Arab youth. The program will enable the young Arabs to have future opportunities in coding and language. He has also donated to several other organizations that carry humanitarian services.

Follow this link for additional information: http://www.arabianbusiness.com/property/393676-did-i-foresee-what-would-happen-no-but-i-saw-an-opportunity

The DAMAC owner wrote a two million AED for assisting the disadvantaged.

The Recipe For Success – Vinod Gupta Edition

Mr. Vinod Gupta is one of the least-likely candidates across the globe to become a popular American businessman best known for selling a publicly-traded company for more than $460 million. However, as the old adage suggests, stranger things have happened, a lot stranger than the truth behind the awe-inspiring story of Gupta’s departure from his Indian homeland, his earning of two American college degrees, work as a high-dollar market researcher, and Gupta’s eventual rise to success as the chief executive officer of a handful of companies he founded.

 

How did Mr. Gupta’s early life progress?

 

For nearly 75 years – or ever since India was founded in 1947 – the Indian state of Uttar Pradesh has boasted one of the lowest statewide gross domestic products of any of the 29 states across the country of India.

Gupta was born in Rampur Maniharan, Uttar Pradesh, India, a dump of a village that featured a lack of any basic infrastructure: no toilets, potable water, electric grid, reliable roadways that held their layout when heavy rains came, or cars.

Read more about Vinod Gupta on Vinod Gupta: Indian-born American Businessman, Investor, and Philanthropist.

 

Gupta’s early adulthood featured lots of work

 

Mr. Vinod Gupta went to the Indian Air Force for three years after his 18th birthday. During that time, he studied at a local school to earn a Bachelor’s of Technology Degree.

Both his schooling and military service weren’t easy, and collectively required far more than the modern American full-time standard of working 40 hours per week.

 

Read This Article for additional information.

 

The move to the land of opportunity

 

Vinod Gupta felt earning a degree in the higher education capital of the world, the United States, was important considering his Indian degree didn’t hold much value.

He went to the University of Nebraska at Lincoln for four years; two years went to a Bachelors Degree in Engineering, the other two were devoted to a master’s of business administration.

Gupta finished his education and found his way to working with a marketing research analyst with Commodore Corporation. Gupta would soon launch his own career leaving Commodore and creating Business Research Services & American Business Lists (ABI). Vinod Gupta had a philosophy of focusing on customer needs.

Vinod Gupta offered excellent solutions and top-notch service. Vinod continued to expand by adding other businesses to his company

 

Visit: http://www.everestusa.net/team/profile/vinod-gupta

 

Gregory Aziz Contributions In Manufacturing

National Steel Car is significant engineering and manufacturing Car Company that is headed by the Greg James Aziz the chairman and CEO of the company. Most of the specialization of the National Steel Car Company is the manufacture of the railroad freights car, making the company have a competitive advantage. However, Gregory James Aziz went to school at University of Western Ontario where he studied Economics. He was born in 1949.

 

The historical background indicates that Gregory James Aziz in his 1980s was serving different investment banks in New York before he established the National Steel Car. The National Steel Car was formerly known as DOFASCO, the Canadian company which Gregory James Aziz transformed it to North America. In North America, no any other company surpasses the contribution of the Nation Steel Car company when it comes to engineering and manufacturing of the railroad freight cars.

 

There is a great track record that Greg Aziz has set in the company since he purchased the National Steel Car company. The number of cars being manufactured yearly has raised up. This is an indication that the demand for cars and other manufactured products from the company has increased as well due to the record in the market. Since the productivity of the company has gone high, the need for more labor is significant. For this reason, Gregory J Aziz has employed more persons that are specialized in engineering in his company so that they can be able to contribute towards its success.

 

Moreover, National Steel Car manufacturing company is popular in North America in great innovation when it comes to modern cars that are on the market. The cars that are sold by the company are outstanding and more so appealing to meet the needs and the taste of the buyer. For over a period of 18 years, the company has been able to maintain the honor of being an ISO certified 9001:2008.

 

Furthermore, Gregory James Aziz ensures that there is a good relationship between the company and the employees both the past and current employees. In so doing, he usually organizes a Christmas party and hosts it so that the employees and their family members can come together and celebrate. Through the party, the employee feels valued since they share a lot concerning their work and how they can impact the production and engineering process so that the National Steel Car Company can grow more and more. See Related Link for more information.

 

Related: http://gregaziz1.strikingly.com/

The Highlights of Igor Cornelsen’s Successful Investment Career

A prominent investment advisor, Igor Cornelsen, was born in Curitiba, Brazil on October 4, 1947. He studied engineering at Parana’s Federal University. During his time, the said school was the solitary institution for students who want to take up engineering in the Santa Catarina and Parana States, thus, entry admissions for the aforementioned school was tough and quite challenging. After taking up engineering for two years, Igor Cornelsen decided to transfer to another department and took up Economics, which he finished in the same educational facility in 1970.

After his studies, he was employed at an investment bank. It was expected during that time for engineering graduates or for those who took up engineering subjects to be recruited in banks since they have the knowledge in computing rates for compounded interest by making use of slide rules. Such know-how in those days was quite essential because calculators and computers that are used at present were still scarce then. See more of Igor Cornelsen at angel.co

Due to his hard work and perseverance, Igor Cornelsen was able to show off his aptitude in the tasks assigned to him that qualified him to be positioned in Rio de Janeiro and be an investment banker. Besting the rest of his peers, he was advanced to Multibanco’s board of directors in 1974, and was appointed as the bank’s Chief Operating Officer in 1976.

When Multibanco was purchased by the Bank of America in the year 1978, Igor went off to seek greener pastures. This time he found one in Unibanco, which was one of the best investment banks in the country of Brazil. He served with Unibanco till 1985, when the economy’s inflation rate was at its peak. Then he got the opportunity to be employed with a London Merchant bank called Libra Bank PLC.

The move to Libra Bank had its perks because he was paid in dollars (US), which afforded him the chance to make some investments. After his time with Libra Bank, he went off to Standard Chartered Merchant Bank where he was the representative for Brazil and one of its board of directors.

After 7 years in Standard Chartered Merchant Bank, Igor Cornelsen left to build his own business, which he still oversees at present. Learn more: https://about.me/igorcornelsen1

 

 

Luiz Carlos Trabuco Cappi Hands The Leadership Mantle To Octavio De Lazari

In late 2017, Banco Bradesco’s longest-serving president resigned. Mr. Lazaro de Mello served the bank for three decades. His resignation accelerated a stringent succession process for the country’s largest lender in the private sector. While resigning, he was particular about his predecessor being Luiz Carlos Trabuco Cappi. Supposedly, Luiz Carlos Trabuco Cappi was coming in to replace him for six months after which, the board of directors would elect a somewhat permanent replacement for the bank. Well, he has been dynamic in his leadership role even just as a temporary president.

The Leadership Roles

Recently, Luiz Carlos Trabuco Cappi graced news headlines with reports of the election of a new president. In his words, after a sitting with the board of directors, it was decided that the best candidate for the presidency is Octavio de Lazari. This is in light of respecting the company’s tradition of internal recruitment. Perhaps there have been questions regarding the new appointment because Banco Bradesco is not your typical banking institution. Until 2009, Bradesco was one of the largest financial services companies. From providing internet banking services, insurance, annuities, plans and credit cards, it is factual that Banco Bradesco is continually expanding its territories thanks to the input of the likes of Luiz Carlos Trabuco Cappi.

Describing Luiz Carlos Trabuco Cappi

Luiz Carlos Trabuco Cappi is a business leader and a senior executive in Brazil’s banking industry. A graduate of philosophy and sciences, he attended the University of Sao Paulo for a diploma in psychology and later joined School of Sociology as well as Politics for further studies. After graduating, Luiz Carlos Trabuco Cappi joined Bradesco in 1969. He worked as a clerk and dedicated his entire life to making sure that he provides the best services ever in his capacity. Alongside the strong academic credentials he had, he was set to deliver and of course, prove worthy of the promotions he later earned.

Work Appraisals

In 1984, Luiz Carlos Trabuco was promoted to work as Bradesco’s general manager where he oversaw general operations in the institution. Having mastered the work policies of the bank, he was better placed to offer exemplary leadership skills to his employees. As such, he earned another promotion now working as the chief executive officer. Concurrently, he served as the head cheerleader of Bradesco’s affiliates including Odontoprev and the entire board. Former positions he served include Grupo Segurador and CNF where he was a board member.

The Overview

Although his academic credentials were centered on sociology and psychology, they played a pivotal role in the elevation of his people skills as he was now more acquainted with how he should handle his juniors. Such skills additionally assisted him to achieve a higher status as a role model and mentor. Well, because of his knowledge and skills in finance and investment, Luiz Carlos Trabuco Cappi managed to bag various awards with the most memorable one being the designation of 24th on Ultimate Segundo’s ranking where he was among the sixty most influential leaders in Brazil.

Source: https://www.istoedinheiro.com.br/o-bradesco-de-brandao-trabuco/

Felipe Montoro Jens details PPP implementation in Brazil

December 2004 marks the date when the Brazilian Federal Law was passed (Federal Law 11,079 / 04), which details general rules and guideline that govern how public private partnership (PPP) contracting, and project assessment between public and private sectors are managed. Public Private Partnerships are a good way to allow collaboration between public and private sectors to leverage their respective advantages.

Pubic Private Partnerships are a good way to cut cost, due to the fact the private sector is governed by profits, which traditionally private sector players implement the most economically efficient solutions as possible. Brazil, the largest economy in Latin America has recently clawed its way out of what is referred to as the “economic crisis” it has been suffering for quite some time now. Learn more about Felipe Montoro Jens at terra.com

Today Brazil has more public private partnerships than it did 10 years ago, but it’s still not enough to really assist in creating a more optimal economic environment. Felipe Montoro Jens reported some issues with public private partnerships are the taxation of the payments made by the private players are taxed, which balloons the overall cost. In addition there has been payments not being received has been raised by the private sector.

There are success stories for the potential of implementing PPP. In Belo Horizonte has a implemented a 20 year project to upgrade the lighting in the park from the luminary lights to LED a total of 182,000. Belo Horizonte will make history, by being the first capital to implement a project of this magnitude to be entirely implemented using a public private partnership.

The Brazilian government created the Program of Partnerships and Investments (PPI), to create relationships with the public and private players to explore synergies on creating joint solutions. There is a 57 project and 22 sector stimulus (R$44 billion investment), being governed by the PPI implement PPP. Visit: http://www.negociosemfoco.com/newsdino/?releaseid=141832

 

Greg Aziz: Guiding National Steel Car On Future Developments

National Steel Car has been witnessing a number of developments during the past few years, and a lot of this progress has been because of the efforts of Gregory J Aziz, who currently stands as the CEO of the company.

 

Being an engineering company, a lot of the focus of National Steel Car is on the innovation that they bring on. A company must be able to adapt and develop with the times if they want to stand out in the field, which is precisely what National Steel Car has been trying to do. When Aziz took over as the CEO of the company in 2010, Gregory J Aziz made it his main priority to focus on the development of National Steel Car so that he could take the company into the future of the engineering industry.

 

National Steel Car first started its operations in 1912 under the name Imperial Steel Car. The company has been working for over a hundred years, and it has only been because of their constant adaptability and development that the company experienced. By implementing the best technology, coupled with innovation and commitment to the job, National Steel Car has grown to be one of the top Canadian engineering companies.

 

1Greg Aziz first joined the company back in 1994. He started out in the financial department of the company and worked his way up to important executive positions within the company. He has been a great mentor and guide to all the people working at National Steel Car which has, in turn, aided its overall development. Through sheer commitment and drive, Greg Aziz has become one of the most well-reputed leaders of the company.

 

The first experience that Aziz had when he was working with the company was while he was working at a banking firm in New York. During this time, he was asked to come on board and start working alongside a few executives at National Steel Car, which was at the time undergoing a few financial changes. Using his knowledge and experience, he was able to guide National Steel Car and overall benefited the company. See This Article to learn more.

 

Seeing his contribution and drive, he was offered a position at the company, in the financial department. Aziz knew the opportunities that he would be presented if he joined National Steel Car, which is why he decided that this would be an excellent approach to join them full time. Soon, this proved to be one of the most beneficial decisions that Aziz made during his career.

 

Source:   https://ca.linkedin.com/in/gregaziz