It is all about determination and innovation; David Zalik


Today, David Zalik is featured among top billionaires by the Forbes magazine. He was born in Israel and later moved to the US when still young. Soon after completing primary school he enrolled at Auburn University. He never attended high school education. His desire to date college ladies fuelled the entrepreneur skills. When still in university he decided to involve himself in computer assembling business. Business was doing great and soon after he dropped out of school so that he could focus on his business. He established a company by the name MicroTech which he later sold in 1996 and moved to Atlanta.

David Zalik decided to invest his fortune in real estate business. His investment grew and felt the need to explore new ideas. The established a web and mobile-development consulting firm called Outweb. It is out of the consultations with his clients that the idea to start GreenSky Credit was born. Zalik is currently the CEO of GreenSky LLC. The company was established in 2006, and its main operating base is in Atlanta. Recently, the company was listed among the top financial technology company in the US. The company facilitates the issuances of loans to clients through the use of technology. Through their platform, they can sign up merchants/clients and link them to willing banks and other financial institutions for loans.

Today the company has employed around 650 people. Besides the company has facilitated billions of loans. Zalik feels that by 2020 the company will have hit the $20 billion goals. The primary source of income is from originating and loan servicing. In September 2016 Fifth Third Bancorp, a bank in Ohio, partnered with GreenSky and also bought a stake worth $50 million. However, David Zalik still owns more than half of the company. According to him there no plans for floating share for the public. It is the same year that he was awarded the National EY Entrepreneur of the Year Award in Financial Services. Making it this far has not been an easy journey. David Zalik has attributed his success to hard work, determination, and innovation.

Equities First Holdings – Importance of Working Capital


Working capital is a piece of the aggregate capital utilized by an organization and is frequently characterized as the variation between short-term assets and short-term liabilities. For all intents and purposes, it is the money required to run the every day, week by week and month to month operations of a business. And hence, no organization can operate well without having enough of the same. The leader in stock-based loans; Equities First Holdings provides support to many firms in ensuring their functions are not interrupted in any way. The process of dealing with working capital incorporates management of liabilities and short-term assets ensuring every company has enough liquidity to operate its functions in a smooth manner.

The proficiency management of working capital can be evaluated through an assortment of strategies and proportions. Financial investigators ordinarily look at the working capital cycle and ratios of other working capitals against company’s peers and industry benchmarks. The most usually utilized measures and ratios are the payable outstanding days, inventory outstanding days, and sales outstanding days. Liquidity is frequently tight in independent ventures because of the size of their investment and operations in working capital which is a drag on liquidity. Most of small businesses do not have the capacity to finance the operating cycle using account payable, hence they have to depend on money injected internally and in tough cases, getting capital from lenders becomes a necessity. And that is where Equities First Holdings comes in.

Managing the working capital well will thus permit the business to function potentially and efficiently and end up freeing up some money to invest in profitable projects and paying debts. Sufficient working capital will permit a business to pay on time its fleeting commitments which may include operating costs, salaries and raw materials. Also, companies with adequate working capital are able to produce more cash flow which leads to greater enterprise value and business valuation. By using stock-based loans from Equities First Holdings, every organization can make a difference.


Why You Should Rely on Equities First US


Every one of us has financial goals that we would like to meet/accomplish. Unfortunately, it can be difficult to meet those very goals unless we have capital to start with. In order for someone to begin their ventures of making money, or doing whatever it is that they may want to do, they may need a certain amount of capital to get started. Where can they find such forms of capital when the money that they earn from their job does not necessarily provide them with the amount that they need? They can apply for a loan from a reliable lender that has been well-reputed as being a reliable company that people can rely on. Equities First Holdings is an organization that provides solutions for anyone who may be seeking a loan for whatever reason it may be. Be sure to contact them to get the most that you can out of a great opportunity.

Equities First Holdings offers loans at very low rates of interest. Such deals may not be found anywhere else. A group of people who often find it difficult to obtain loans are those with high net-worth. Those individuals often have difficult in obtaining loans because they find that nobody really thinks that they need it, or as much as someone else might. Therefore, many lenders have chosen not to offer them loans if they apply.

A high net-worth individual can contact Equities First Holdings as they offer them loans as well. They may want it for non-purpose reasons and that it absolutely fine. Whatever your case may be, please do not hesitate to contact Equities First Holdings as they will be more than happy to guide and assist you with the financial goals that you may have. It would be a mistake for you to note take advantage of the opportunity.