GreenSky eases loan servicing for banks

GreenSky is a fintech that offers point-of-sale loan services to consumers. It has partnered with regional banks to provide loan services to as many people as possible. They have simplified the loan application process, by handling the paperwork needed from the consumer and the bank. They offer quick solutions to the needs of consumers who are in need of crucial services but have no cash to pay. If you are a homeowner and you need some home maintenance work to be done but you lack the money to pay, worry no more because GreenSky will facilitate instant financing of the project through the merchant.

The merchant will apply for a loan with the amount he will charge for the service. They will send relevant loan processing information to the fintech, which will on its part link the borrower with a lender willing to offer the loan. Once a lender is found, the loan is processed instantly. GreenSky has mainly been working with four regional banks namely Sun Trust, Synovus, Fifth Third, and Regions Financial

Regional banks are interested in consumer lending since it attracts high yields, but two obstacles hinder progress in this field. The cost involved in getting customers is too high and the servicing the loan can also be a nightmare. Through GreenSky, regional banks are getting better full benefits of consumer lending. The fintech brings the customers to them and it even facilities servicing of the loan. The role of the bank in the whole process is to offer the money to lend.

GreenSky does not offer interest on the loans as is the case with traditional banking. Customers who will pay back the loan in the agreed timeframe will get the benefit of not repaying even a single cent on top of the principal amount. It is GreenSky who take up the role of repaying the loan during the zero percent APR period. There are huge hopes on this company that it will perform very well in long-term. In the period that they have been in the industry, there has been consistent growth trend. In 2017, they recorded a 30 percent increase from the previous year.

https://www.crunchbase.com/organization/greensky

Stream Energy Proves that they Care in a Unique Way…

You might have heard about the philanthropic efforts of Stream Energy in the news. If you read the patch.com article, however, you would see why these efforts can be easily distinguished from other charitable efforts seen within the business community. Two things distinguish the efforts of Stream Energy.

The people that run Stream Energy and the people that direct sell for them actively participate in each of the charitable programs that the company engages in. This says a whole lot more than merely cutting a check! Also, Stream Cares is the company division handling matters of charity. That’s correct; the company has a dedicated arm for philanthropic efforts. This sort of thing was unheard of years ago yet it occurs a great deal with millennials beginning startups. This dedicated branch teams with other charitable groups to assist Dallas locals (and other Texans) that find themselves needy. Their efforts are impressive.

When Hurricane Harvey tore through Texas, Stream Energy was one of the first companies that donated money to the cause; even beating the federal funds. There were 56 inches of rain in the city of Houston, and Stream Cares was there. Remember when tornadoes hit the northern region of Texas (the day after Christmas?) Stream was there. Stream Energy, through Stream Cares, raised thousands of dollars. Stream’s corporate division matched what the direct seller contractors donated. This is something Stream does to bolster the amount of assistance provided through the arm. When local veterans that were needy where taken to a nice steakhouse only to be fed burgers, ribs, and steaks with all the BBQ fixings? Stream Cares was behind this too! When the rough winds blow or veterans are in need, Stream uses the arm to provide philanthropy with a personalized twist.

Stream sells direct energy, cell phone service and other plans for families that are on the market for cost-effective options. Their associates are direct sellers that are recognized as independent contractors on their tax returns. This means that each associate can provide their own high level of entrepreneurial effort, not only in business and direct selling but in philanthropy too.

https://www.dmagazine.com/publications/d-ceo/2010/october/meet-ceo-rob-snyder-of-stream-energy/

A 3.3 Billion dollar investment that is about to change the Fortress Investment Group

The acquisition of the Fortress Investment Group by SoftBank marked yet another transition for the group from a publicly traded company to a private company. The deal has been in the works for the last two years, but the various legal and financial requirements needed to be ironed out in order to ensure a smooth transition. SoftBank the Tokyo based investment bank has been on a diversification spree and as such required a well-structured company that would help them fulfill this dream. The Fortress Investment Group were ideally placed to take on this role and as they offered a 39 percent premium on the share price opting to buy them out for 3.3 billion dollars.

This deal worked well for both of them SoftBank now had a launch pad for its entry into the American market while the Fortress Investment Group had renewed financial muscle that would enable them to become even more aggressive in their investment. The portfolio held by Fortress is quite impressive by all measures. They own Brightline, a private railroad operator that recently opened the Miami – Palm beach private passenger train. This route is one of those considered too short to fly yet too long to drive. This unique characteristic of such routes is what Brightline is seeking to tap into. The acquisition of Brightline falls under the group’s Transport and Infrastructure portfolio.

There unique investing strategy was also felt when in 2009 after the subprime mortgage crisis, they opted to buy AIG at a time when it was almost collapsing. The deal would cost The Fortress Investment Group 125 Million dollars, but today the company has not only recouped its investment, but what was formerly AIG has metamorphosed into SpringLeaf Financial Limited a company with more than 14 billion dollars assets under management.

As part of the deal, SoftBank had to make some concessions. They agreed that the running of Fortress would be left to the existing board which means that the founding members retain their positions. This will also be subject to the fact that they will also continue injecting profits back into the group while ensuring it continues to enjoy the growth it had previously. Fortress is now no longer listed on the New York Stock Exchange, where it traded as FIG. This means that the board together with its management will have a free hand to make certain investment decisions without the need to go back and convince shareholders of the same.

LinkedIn: https://www.linkedin.com/company/fortress-investment-group

Guilherme Paulus Tourism Entrepreneur from Brazil

Guilherme Paulus is the founding partner of a company called CVC. Today it is a publicly traded company that is a travel agency. It was once a small operation and was started in 1972 and located in Santo Andre in Sao Paulo. In Latin America today it is the largest travel operator. It is the largest retail tourism network in Brazil. Mr. Guilherme de Jesus Paulus was born in 1949 in the city of Sao Paulo. He studied Business Administration and now has almost 50 years of experience in the field. Because of his ability to innovate the company now has a wide portfolio of products to choose from. In 2013 the company went public. It plans to open 100 new stores each year. Visit his facebook to learn more about his platforms.

Guilherme Paulus believes in social responsibility and tries to get young people interested in the field of tourism. He supports the Dr. Klaide Care and Education Institution. It helps low income individuals with supporting schools, psychological and medical care along with leisure activities. He also helps young people with vocational courses. Guilherme Paulus was recognized by the magazine IstoE Dinheiro as being “Entrepreneur of the year” for his work in Brazil in the field of tourism. The magazine states that Guilherme Paulus invested heavily in hotels. He currently employs about two thousand people. He is also the president of GJP group. It is a hotel chain created by him. Even though the 68 year old man could easily retire with the enormous wealth he has accumulated he chooses not to. He does this he says because he likes developing properties and generating jobs for people. He also is aware of the fact that his efforts are good for the country of Brazil. He now owns and operates 20 hotels in 11 states in Brazil. He says that his success is due to his efforts at promoting customer service as one of his main goals. Guilherme Paulus also states that it is important to modernize and not to stagnate and just take things for granted. One must keep up with the times for a business to grow.


More about of Guilherme Paulus: https://br.linkedin.com/in/guilherme-paulus-36955411b

 

How did Jed McCaleb Build Stellar?

Individuals with an interest in bitcoin and other crypto is likely to already know who Jed McCaleb is. He is the CTO of Stellar and is formally the man behind the popular bitcoin exchange network called Mt. Gox. When Jed McCaleb speaks, people listen.

McCaleb first discovered blockchain from an online article in 2010. He almost immediately transformed his company Mt. Gox to accommodate bitcoin. He took the company, which offered a platform for gamers to trade digital assets, and he created the first world wide network of its kind.

“It would be really cool if there was a kind of money that wasn’t centrally controlled,” McCaleb said. “But I didn’t think it was actually possible.”

McCaleb has proved himself wrong, successfully creating Stellar and partnering with organization all over the world.

In a post from Crunchbase, McCaleb sold Mt. Gox in order to pursue wider interests in 2011. McCaleb didn’t simply want to provide a service for bitcoin users; he wanted to create his own cryptocurrency.

Stellar was eventually created in 2014. Jed McCaleb teamed up with Joyce Kim with the intention of creating a non-profit crypto company. They wanted to fix some of the banking industries major problems.

“The vision for Stellar is an internet-level protocol for payments,” McCaleb said, explaining the goals behind Stellar.

Blockchain is beneficial to the banking industry. This isn’t just a statement from Stellar and McCaleb, but it is the general consensus of everyone involved with blockchain. Blockchain can finish transactions faster than any other method on Earth, and its security is top of the line.

Most blockchain currencies require thousands and thousands of nodes, or volunteered machines, to keep records. Stellar doesn’t require nearly as many machines. In fact, Stellar doesn’t even use the mining process that is used with typical blockchain coins.

“If we have a thousand I think that would be good,” McCaleb said.

Jed McCaleb’s experiences in programming and blockchain have enabled Stellar to adapt and change for the better.

Content taken from: https://github.com/jedmccaleb

From Rags to Riches, The Story of Nick Vertucci

Nick Vertucci believes in the philosophy that your past does not dictate your future. After the death of his father when he was only ten, his mother had to step up to bat and become the main breadwinner. His family was well provided for, but they were not that well off. Although, this meant that she had to work long hours and would come home late. At the age of 18, Nick Vertucci was living out of his van and his life was at a record breaking low. Fast forward to a few years later, Nick Vertuci had started his own business that sold computer parts. He enjoyed the freedom of being his own boss and had great success with the company.

During this, he got married and had three daughters. He enjoyed a lot of success during this period until the dot com crash in the early 2000s, when he nearly lost everything except his house. He had no income for 18 months and was slipping farther and farther into debt. Until a friend of his invited him to a real estate seminar. Nick Vertucci hemmed and hawed about going, but his friend assured him of the powerful things he would learn and, although reluctantly, Nick attended the seminar.

He listened to the speaker on how to make money in real estate. From that day on, he did everything he could to learn about the real estate industry and soaked everything up like a dry sponge. It took him years to learn everything he needed to develop a system that would make him successful, but it was all worth it. After a decade of learning the ins and outs of real estate, Nick developed his method of success. He even went on to start his own school for learning real estate called the Nick Vertucci Real Estate Academy.

The school itself teaches you how to be successful in real estate using Nick Vertucci’s system. It offers a way to overcome the challenges and pitfalls of the real estate industry. Students learn how to use his method to make millions.

Paul Mampilly and Hedge Fund Knowledge

Paul Mampilly is a sincere and straightforward professional who has a job with Banyan Hill Publishing located in Palm Beach County in Florida. He offers his services to various knowledge networks that are part of the Banyan Hill Publishing umbrella. These are True Momentum, Extreme Fortunes and, finally, Profits Unlimited. Mampilly functions as the Senior Editor of the immensely popular Profits Unlimited.

Profits Unlimited is a project that’s extremely close to Mampilly. He established it with good reason, too. His objective from the start was to help people locate stock opportunities that are set to increase considerably. Mampilly has a chaotic lifestyle with all of his newsletter editing responsibilities. He’s always 100 percent happy to take on more work, though. That’s why Mampilly is the head of a pair of trading services. He calls these services True Momentum and Extreme Fortunes.

Mampilly is an investment authority who focuses on typical individuals who live in the United States. He doesn’t think about millionaires in the nation. He gives everything he has to basic individuals who simply want to do better in life. He specifically assists normal citizens who are looking to make money. Mampilly’s many sectors of knowledge include small-cap stocks, technology and investing.

This masterful writer used to work for a company that was called Stansberry Research LLC. He was Professional Speculator’s editor there. He stayed with the Stansberry Research LLC team from the beginning of 2015 all the way into the end of the year. He left in December. Mampilly has been involved in many diverse businesses throughout the years. Some of these are The Capuchin Group, the Royal Bank of Scotland, Kinetics Asset Management, Inc., ING and even Deutsche Bank. He’s held all different kinds of positions with these companies as well. He’s been a publisher, author, co-portfolio manager, managing director, money manager and more.

People who pass Mampilly on the street may recognize him easily. That’s because he has gotten a lot of well-deserved attention from famed media outlets. He’s been seen on Reuters, Hedge Fund Intelligence, Kiplingers, Bloomberg TV, Fox Business News and CNBC. He was the admired recipient of the Templeton Foundation Investment Competition back in 2008 and 2009. He surpassed the rest of the competition easily thanks to his dazzling and strong portfolio. Mampilly is an alumnus of a prestigious school that’s called Fordham University. This institution is in Manhattan in New York City.

To know more click: here.

A Deeper look at the Accomplishments of Sheldon Lavin

Sheldon Lavin is the current Chairman and also the CEO of the OSI Group. He joined the meat supply industry 43 years ago and has therefore acquired a lot of expertise and experience. Sheldon Lavin became involved actively with the OSI Group after the company started looking for financing so as to build a meat processing facility that would expand the meat products they offered to McDonald’s. Ever since Sheldon Lavin joined OSI Group, he has been able to spearhead a lot of transformations which has led the company to become an international food product supplier. Currently, OSI Group has its operations in 17 nations with more than 80 facilities and 20,000 employees working under it.

The career journey of Sheldon Lavin at OSI Group started when he went to serve at the position of a consultant. He went on to become a partner in the company in 1975 and helped expand its operations into South America, Asia and also Europe. During the early 1980’s Lavin bought a controlling interest and was able to take over OSI Group. Before joining this company, Sheldon Lavin was involved in the Banking and Financial services industry. Apart from being an exemplary leader, Sheldon Lavin is also an active philanthropist. He has in the past made contributions to a number of charities such as the Ronald McDonald House Charities, Jewish United Fund, The Inner City Foundation of Chicago, Boys and Girls Club of Chicago, United Negra College Fund as well as The National Multiple Sclerosis Society.

The outstanding management and leadership skills of Sheldon Lavin have led OSI Group to win numerous different awards. Parts of these awards are in the categories of health and environmental management and safety risks. In 2016, the company was awarded the Globe of Honor which is normally given by the British Safety Council. This award was given to OSI Group in recognition of its efforts when it comes to positioning the company in the international platform as well as creating job opportunities across the world. Sheldon Lavin has also in the past received many awards such as the Director and President of the Sheba Foundation, Trustee for Ronald McDonald House Charities, Board member of the Goodman Theatre as well as the Board Member at the Rush University Medical Center. Sheldon Lavin is a good example that hard work and commitment coupled with discipline pays. He has been serving as a mentor to young people in the world who would wish to take leadership roles in the future.

LinkedIn: https://www.linkedin.com/in/sheldon-lavin-a325b98

The Rise of Tony Petrello from a Small Village Mathematician to Nabors Industries LTD CEO

The famous Anthony Petrello is the man who can be described using so many words. He happens to have been the top paid CEO’s in the world. Tony is believed to be a brilliant person who is always dedicated to achieve in life and has been on the front line pushing for success of his dreams. He is the CEO, Executive board chair and also the President of Nabors Holding Ltd which is the global leader in gas and oil production. The great icon has been the person behind the achievements of the company and is believed to be a great company President. He has excellent managerial skills and has been on the frontline pushing for his success.

Petrello happens to be a big name in these industries, but few people recognize their inputs and thus are known by small groups who follow corporate matters. The company has been in existence since establishment in the year 1968, and it used to be called Anglo Energy Ltd. It currently has operations in Africa, USA, Far East and the Middle East. It is also evident that Tony is one of those American CEO’s who have received the highest paid as salaries in the history of the country and is believed to be one of the wealthiest companies bosses existing. He has been able to amass a lot of wealth over the last few years he has worked with the company. Furthermore, it is also prudent to note that Anthony Petrello is also a great and recognized philanthropist and has dedicated his life towards giving back to the society. He has donated a lot of funds to the less fortunate so that they can promote their education and also skills that help them mold their future.

Tony Petrello besides being a great CEO happens to have heard a strong beginning, and it is also prudent to state that he was not born with a silver spoon in his mouth. He has worked for the glory he has in life. His parents struggled to offer him the best education. He was lucky to attend two prestigious universities of America, and they have been of great advantage to his life. He also possesses two powerful degree courses. That is Bachelors of Science in Mathematics and also Law. He has also had vast experience as a business and tax lawyer at Baker & McKenzie which is among the most important law firms in the country.

Tony Petrello info: www.inc.com/profile/nabors-industries

Lung Cancer Discoveries and Eric Lefkosky’s Cause

There are several causes that contribute to lung cancer. Environmental factors (air pollution, exposure to secondhand smoke and inhaled toxins), as well as lifestyle choices (tobacco use) are one of the common risk factors to lung cancer. A recent Dartmouth study revealed lung cancer markers that can help us learn more about the cause of the disease in each case.

Three biomarkers were discovered which helped the scientists learn how the cancer cells develop. Each of the biomarkers showed potential as the subjects were classified per smoking habits and frequency.

There is, however, a caveat to the study. The research was conducted to Caucasian males and may not necessarily be used to conclude for a bigger population with different physical and lifestyle backgrounds. This, however, is a first step to discovering more advancements in the treatment of lung cancer. Oncologists and researchers will be using this data for lung cancer research, diagnosis and treatment.

Cancer has been a battle that most families face. Chances are you have a family member (whether immediate or extended) that is diagnosed with cancer at one point in their lives. Numbers don’t lie and it is a current pressing concern in our country’s health.

Eric Lefkosky is the co-founder and CEO of Tempus. He developed Tempus with a team of equally determined individuals with the goal to lessen cancer mortality rates. The software works by assessing a patient via genetic sequencing. DNA and RNA samples will be tested for cancer markers and risk factors. The physician can make use of this vital report to provide the most appropriate treatment options for each patient.

Lefkosky believes that treating cancer cannot be done only by curing the symptoms. It involves discovering the cause, or the root of the disease. Genetic sequencing is one excellent way of doing so. By figuring out which genetic characteristics express the symptoms of cancer, better treatment options and courses of action can be taken.

According to Lefkosky, Tempus’ services ranges have come down exponentially to be able to help patients afford cancer prevention procedures. As an entrepreneur and philanthropist, he believes that healthcare should not be above anyone’s means. He believes by doing so, families can be informed of the risk factors of the cancer diagnosis, and be able to prevent them through medical decisions and lifestyle choices.

For more information, you can visit Tempus website at www.tempus.com.