In battered fintech space, GreenSky Credit is last firm standing

GreenSky Credit has become one of the most successful companies in the fintech industry. The company that couldn’t even find loan backing for its launch back in 2006 has gone on to eclipse virtually every other player in the industry. And its growth and continued success has been the product of its founder, David Zalik, and his unique strategic vision to create the best fintech business in the world.

Only the strong survive

One of the key factors in the success of GreenSky has been Zalik’s realism. While competitors like OnDeck and Lending Club were going after the dregs of the lending market, attempting to magically turn natural weakness into strength by extending loans to people who had no way of paying them back, GreenSky went with the philosophy that strength begets more strength.

Zalik only sought to deal with the best borrowers. In making this strategic decision, he made it possible to quickly bring on board some of the top lenders in the country, including names like Fifth-Third Bancorp, Sun Trust and Region’s Bank. These lenders wanted to pair with GreenSky precisely because the company was doing business with borrowers who, on average, had FICO scores above 760. At the same time, the fact that these borrowers were squarely in the prime category meant that the lenders with which GreenSky partnered were willing to not only issue loans instantly but also on some of the best terms that the industry had ever seen.

The typical GreenSky loan entails no interest or payments for the first full year. After that, higher rates kick in. But the vast majority of the company’s borrowers end up paying their loans back, in full, before the higher interest rates take effect.

And what is perhaps the most spectacular part of the company’s business model is that sheer numbers involved. The firm makes mostly big-ticket loans, usually in the five- or even six-figure range. This has enabled the company to do more than $5 billion in loans each year. And the firm is able to make money both from its retail partners as well as a 1 percent annual carrying fee from its lenders.

https://www.forbes.com/sites/greatspeculations/2018/09/05/greensky-now-looks-undervalued-given-strong-q2-performance-alliance-with-amex/#5d78658d5eda

Richard Liu Qiangdong Talks About The Rise Of JD.com From A Simple Brick-And-Mortar Business

 

Richard Liu Qiangdong was recently interviewed by David Rubenstein for Weforum.org titled; “An Insight, an Idea with Richard Liu”. There are a lot of businessmen that want to hear from Richard Liu, as he is often called, because he managed to grow one of the most lucrative businesses in China. Many people have compared his business to other brands such as Amazon and Walmart. Richard Liu Qiangdong believes that in a lot of ways JD.com is better because they offer more product options and better quality items. At the end of the interview he even hence that they will be willing to take on these retail giants on the international stage in the very near future.

 

One of the things that Richard Liu is most proud of is his ability to keep JD.com competitive. Early on in his career, he learned how important it was to remain invested in his business. Many people know of the success that he has experience with JD.com but they are not aware of his once failed restaurant attempt. While this was very long ago and when Richard Liu was in college, he still uses it as a lesson for his future business decisions. He tells David Rubenstein that he wants to always remain invested in his business. David Rubenstein asked him where JD.com came from. Initially, JD.com was Jingdong Mall. Jingdong Mall was Richard Liu Qiangdong’s second attempt to start a business. With this business, he took everything that he learned from his restaurant and applied it. Jingdong Mall did much better. He eventually moved the business to the web when SARS became a major issue for Chinese citizens.

 

Today, there is a lot for Richard Liu Qiangdong to remain thankful for. He has expanded his business to heights that he could once only dream of. This has enabled him to adequately care for his family and the Chinese community. In fact, he tells a David Rubenstein that half of all the earnings that he personally makes from his venture with JD.com is ultimately donated to charities. It seems that the rise of JD.com has been to the benefit of many Chinese citizens and hopefully soon the world. See This Page for additional information.

 

Visit Richard on https://www.crunchbase.com/person/richard-liu-e9b4

A Report from Flavio Maluf on the State of Brazil’s Agribusiness Sector

Most recently, the International Relations Secretariat of Brazil’s Ministry for agribusiness, livestock, and supply released a report on the state of agribusiness exports for the month of June. The agricultural sector carries about 45.6% of the overall international sales of the country. Following this report, Flavio Maluf reports that there is a 0.7 per cent decrease as compared to results of the same month in 2017.

Maluf associates the June disparities with the balance in agribusiness trade. Notably, Soy emerged the most exported product from the report with over half of the total exports in the agribusiness sector. The other major agricultural exports include meat, forestry products, and coffee. The sugar-alcohol complex is also a primary commodity. A significant part of Brazilian agribusiness products is mainly consumed in the Asian regions, especially China. The market orders huge volumes of soybeans as well as cellulose. The European Union is the second in line for Brazil’s exports. Read more about Flavio Maluf on Crunchbase

Moreover, as brought out in the report, Brazil’s agribusiness sector comprises of small, medium, as well as large-scale producers from the rural areas. The efforts of these producers aim at enhancing activities in agriculture and agricultural production. They also help in the processing process, as well as the distribution of end products to consumers.

In Brazil, the Ministry of Agriculture is responsible for integrating the various aspects of the industry with the productive, supply, storage, and transportation sectors. Such aspects include the market, environmental, scientific, technological and organizational, among others. All this is done in line with the agribusiness’ financial policies. Additionally, it seeks to ensure the security of food as well as producing products are in surplus for export purposes.

Flavio also notes that the Ministry of Agriculture, Livestock, and Supply also deals with the coordination of actions and policies relating to Brazil’s productive agribusiness sector.

Flavio Maluf is a renowned entrepreneur and executive. He heads the Eucatex Companies.

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Gregory James Aziz Focuses On Helping Others Through National Steel Car

No matter what Gregory James Aziz does, he does it in a way that allows him the chance to help people. He also knows there are things that can make a difference in any business and uses that to make his own company better. Based on the hard work he puts into the business, Gregory J Aziz believes he can do more than most people. He believes the company continues getting better because of the way things work. It’s his goal to always make sure other people know what they can get. As long as Greg Aziz believes in how his business works, he knows things will change and things will get better for his own company.

Since Greg Aziz found out he was doing things the right way, he felt he could make sure that the business would be the best it could be. He also believed there were chances for positive interactions that would allow him the ability to make more out of the situations he dealt with. Gregory J Aziz felt National Steel Car could redeem itself. He wanted to make sure it was better than it ever was and wanted to bring it back from the hard times he had seen it go through in the end. There were many times when Gregory James Aziz struggled to make sure everything would get better.

After Gregory James Aziz spent time learning about the steel car industry and what he could do to make National Steel Car the best it could be, he felt confident in the opportunities he had. He also felt the industry would change and get better because of the work he did. It was his goal to always give back and always let people know what would happen.

The time he spent learning about the company and doing the best job possible, he felt things were the best opportunities possible. He always wanted other people to see he was the best in the industry. National Steel Car continues changing and getting better thanks to the hard work he put into the business. National Steel Car is set to be better than any of the other steel car companies. While it might not make a full comeback, there are things that might be able to help it get better. These things can also show people what will happen to the rail industry in the future. The company received TTX SECO award for quality, for over a decade and recognized the growth of the company awarding it the ISO 9001:2008 certification.

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Gregory James Aziz Of National Steel Car

 

National Steel Car is Canada’s largest and leading manufacturer of rolling stock. It was formed in the year 1912 in Hamilton, Ontario by a couple of investors led by John Morison Gibson. Currently, the company is operating as a subsidiary of the National Industries Inc. and is being driven by Gregory James Aziz. Ever since its foundation, it has been leading in the manufacturer of rolling stock.

Gregory James Aziz mainly known as Greg is the current CEO and chairman of the National Steel Car Company. Greg Aziz was born on April 30, 1949, in Ontario, Canada. For his early education, he joined Ridley college and later specialized in economics at the University of Western Ontario where he graduated in 1971.

After his graduation in 1971, Greg Aziz resolved to work for his family’s food business. His family’s food company expanded for over 16 years to emerge as the world’s most abundant fresh foods importer from South America, Europe, and Central America. It thus was a major distributor of new foods to all the main wholesale markets across Eastern Canada and the United States of America.

In the late 1980s and early 1990s, Greg Aziz relocated to New York City where he worked for several investment companies and banking firms. His work enabled him to save enough money which would later change the destiny of National Steel Car. In 1944, Greg organized to purchase the National Steel Car from Dofasco.

Greg Aziz aimed at the transformation of once upon a time’s huge Canadian Company into North America’s leader in the manufacturer of railroad wagon cars. To ensure this, Greg put a lot of emphasis on National Steel Car’s team building, engineering abilities, and through significant capital and human investment to make his dream a reality.

The success of National Steel Car under his leadership is evident in the yearly productivity reports which rose from 3500 railcars in a year to 12000 wagons by the year 1999. Significantly, the number of the company’s employees increased from 600 to approximately 3000 employees. Go To This Page to learn more.

Currently, National Steel Car is the leading industry in the innovation of new cars due to its persistence pursuing manufacturing and engineering excellence. As a result, it had been awarded TTX SECO excellent quality award from 1996. Greg is committed to ensuring that National Steel Car continually delivers high-quality services and products to its worldwide clientele.

Visit Aziz on https://remote.com/greg-aziz

 

How Teamwork Have Helped National Steel Car To Grow

Some companies have been lucky to have a chance of being led by unique policies which are aimed at bringing relevant changes in the industry. National Steel Car happens to be one of those companies interested in prosperity and have also worked day and night towards meeting their market demand. They have a team of professionals who have been able to manage their departments with a lot of great motivation. They are also driven by great willingness and team work which enhances innovation. When employees of a company are treated with the respect they deserve, they tend to become more productive.

The company was established in 1912 and has been able to remain a regional giant for all those years. They have managed to penetrate the markets with a lot of wisdom and also dedication towards identifying the gaps. They have an appetite for career growth and are always optimistic about making things happen.

National Steel Car led by Gregory James Aziz possess great values aimed at creating an immeasurable customer care service. They have also enhanced great employer-employee relationships and are passionate about their desire to grow in their career. All these factors have been achieved because of the ability to have a willing Chairman and the CEO; Gregory James Aziz. They are the people responsible for major decisions in the companies and thus making it a success calls for maximum dedication.

Gregory James Aziz is the man behind the tremendous achievements at National Steel Car. He is the company’s Chairman, President and also the CEO. He took over the leadership roles in the year 1994 after buying the company from Dofasco. They had worked tirelessly towards meeting the market demand. James Aziz came in with his strategies. As an economist, he still identified so many gaps that the company would serve if they increase on capacity. Click Here to learn more.

National Steel Car managed to have five successful years to succeed perfectly in their operations. They have been so passionate about increasing their capacity and areas of operations and have successfully managed to secure better chances of achievement in the industry. They have been on the frontline working with the aim of maximizing their operations base and have always succeeded in their mission. Increasing from the standard 3,500 units to 12,000 within a short period is not an easy joke. They have worked for that success. This has been followed by a massive recruitment exercise to continue working with the required experts and support staff.

View Source: https://gregoryaziz1.wordpress.com/national-steel-car/

 

Flavio Maluf discusses urgent need for Brazilian tax reform

Flavio Maluf ranks as one of the most prominent businessmen in Brazilian manufacturing. As a head of one of the most important manufacturing companies in the country, he has seen, firsthand, the incredible waste that results from poorly designed tax policies, especially within the context of a corrupt government like the one that has plagued Brazil for generations.

Flavio Maluf first inherited the company called Eucatex from his father more than three decades ago. Since then, he has been able to build it into one of the most formidable manufacturing firms in all of Latin America. The company has innovated dozens of different applications for the eucalyptus plant and its extracts, branching off into the production of high-end laminates, furniture and even automotive parts. Today, the company ranks among the most important diversified manufacturing businesses in the country and accounts for tens of thousands of jobs in the Brazilian states in which it is located. Learn more about Flavio Maluf at InfoMoney

But throughout the course of his career, Maluf came to realize just how severe the punitive effects of high levels of taxation are on small business owners. Maluf says that small business is one of the most important drivers of economic activity that any nation can possibly have. For this reason, he believes that anything that helps small businesses in the best interest of Brazil over the long term.

Maluf says that many small business owners do not feel that they’re being treated fairly. These feelings are magnified in the presence of the endemic corruption that has plagued the Brazilian government at all levels over the past few decades. While large corporations can hire the necessary lawyers, accountants and other experts that are necessary to offshore their operations and shelter themselves from the worst of the tax burden, small businesses are often unable to escape using these same means. Ultimately, says Maluf, this gives large, monopolistic corporations a gigantic competitive advantage and unnecessarily penalizes small businesses for nothing more than not having the adequate capital to compete with their larger peers.

Maluf believes that small businesses should be able to retain as much of their profits as possible.

Visit: http://www.barbacenaonline.com.br/noticia/saude/flavio-maluf-e-o-novo-diretor-da-santa-casa-de-barbacena

 

Felipe Montoro Jens Helps Latin America Prep For The Industrial Revolution 4.0

An expert in the field of public-private partnerships (PPP), Felipe Montoro Jens reported on the Inter-American Development Bank’s (IDB)recent moves in the field. The IDB’s Board of Governors met in Argentina to discuss a recent trend in Brazilian markets. That country has seen a significant uptick in the level of private spending procured for public infrastructure projects.

IDB Minister Dyogo Oliveira is crediting the Brazilian developments for forward movement in the economy. Oliveira has noted that the synergy of government oversight and guarantees combined with private funding has been a net positive force for major projects in Brazil. Learn more about Felipe Montoro Jens at terra.com

Argentinian Board Member Luis Caputo is in full agreement and hopes to leverage the Brazilian successes into projects across Latin America. PPP expert Montoro Jens has indicated that the Spanish government is signaling its interest in investing in the region, singling out Brazil for its PPP successes.

Oliveira’s big push comes on the back of his calls for the Latin American economies to support their countries transitions into the fourth industrial revolution. This evolution from basic projects like water and roads to the coming tech revolution in infrastructure is already underway in much of the world, and Oliveira doesn’t want Latin America to be left behind.

Felipe Montoro Jens notes that the IDB and Oliveira are in agreement that investment levels across Latin America are well below what is needed to meet the coming confluence of technology and infrastructure. The private sector is the only resource with the funding available to meet this challenge, and Oliveira believes Brazil is already at the forefront of this evolving process.

The IDB has reported that over 1000 PPP projects have already been authorized across the region, and as Felipe Montoro Jens points out, IDB loans to Brazil have increased by more than 20% year on year. The rest of Latin America shouldn’t miss out on this opportunity. Learn more: http://maringa.odiario.com/politica/2018/03/veja-com-felipe-montoro-jens-cidade-mineira-investe-em-ppp-para-estimular-o-lazer-e-a-pratica-de-atividades-fisicas-da-populacao/2476577/

 

Innovator, Futurist & Businessman: Gregory Aziz

Gregory Aziz, the president and CEO of National Steel Car, is a man of many talents. The Polish-native has brought an abundance of ingenuity to the freight car manufacturing industry. When it comes to revolutionizing a specific field of work, only a few people would actually make the list. This man has taken a relic of freight car brand and has manifested it into a mega success. Aziz’s journey with National Steel Car came into fruition back in 1994. He was heavily involved in numerous investment opportunities while living in New York. These investment opportunities would lay the groundwork for purchasing the freight car company.

 

National Steel Car’s roots was definitely Canadian, but Greg Aziz was looking to take the company much farther than it has ever gone before. He built a team of associates, and he came up with a monstrous plan to take over the game. One of the most important attributes of the entire plan was to reinvent the freight car. Aziz’s contemporary designs were heaven-sent in a sense and the company began to get plenty of exposure.

Thanks to the copious amounts of exposure, the company began to book some much needed business and the rest was history. Gregory J. Aziz saw the potential of National Steel Car, and he certainly exploited it to the best of his abilities. Dofasco, the previous owner of the freight car company, would’ve never been able to go from producing 3,500 to over 12,000 per year. This is what Aziz has brought to the table, and he most certainly personified it. Go Here for related Information.

 

During this pivotal rebirth of National Steel Car, the company’s employee-base increased considerably from 600 to nearly 3,000 people. That’s right! Facts or facts and numbers don’t lie. James Aziz’s relentless approach to engineering has paid off. The company was certified ISO-9001 in 2008, and it has been presented with the prominent TTX SECO Award since 1996. What more can you say about this progressive-thinking freight car company? Greg James Aziz has been a man on mission, and he has become the standard by which all others are measured.

 

See: https://www.steelcar.com/

Felipe Moreno Jens Reports on the Topics Discussed During the Meeting of Governors from Inter-American Development Bank

A month agoDyogo Oliveira defended the recent increase of private investments from other countries into Brazil’s infrastructure projects. This coincided with the occurrence of a meeting on March 24th which took place in Mendoza, Argentina and was comprised of the Governors of the Inter-American Development Bank IDB). Infrastructure Projects Expert, Felipe Montoro Jens reports that as the Minister of Planning, development, and Management Dyogo Oliveira believes that it is important to establish financial guarantees that will help bring in private investors to help Latin American infrastructure projects.

Luis Caputo who is Argentina’s Finance Minister and also a chairman of the Banks Board of Governors agreed with Dyogo Oliveira’s assessment that the Inter-American Development Bank (IDB) should strive to encourage the use of private investments for Latin America. Felipe Montoro Jens reports that Garrido who is the Secretary of State for Economy and Business Support for the country of Spain emphasized that Brazil was a dynamic market and should be a top priority for investment from Spain. Visit at consultasocio.com to learn more.

According to Oliveira, the investments from other countries are needed to help spur a new industrial revolution that is inevitable and on its way. The difficult part was to start working on bettering the sanitation and providing water to the people while focusing on the investment of infrastructure that will spur the fourth industrial revolution.

Luis Alberto Moreno, the President of the Inter-American Development Bank, has clarified that the Latin American challenge is the meeting of the demands of infrastructure while connecting to other countries. Currently, investments from other countries are below what is needed and will not overcome obstacles detrimental to the region’s growth.

Felipe Montero Jens reported that Dyogo Oliveira has indicated that Brazil has recently formed some public-private partnerships that will focus on public works. The Brazilian governments focus on infrastructure and in securing financing for developing Brazil are within the guidelines set forth by IDB and other agencies. The Ministry of Planning, Development, and Management has revealed that PPP’s or public-private partnerships to secure investments are increasing throughout the Caribbean and Latin America.

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