One of the biggest challenges that people have had over the past 10 years has been getting access to loans when they need them the most. While traditional banks used to be more than willing to provide consumer loans for a variety of personal purposes, the last recession changed the way that banks do business a lot. Since there was a clear need for a lender to provide these loans, one company has stepped up and continued to be a leading provider of consumer loans.
One of the leading providers of consumer loans today is GreenSky . The company, which was founded more than 10 years ago, provides a wide range of consumer loans that are used for many different purposes. When GreenSky provides a loan, a consumer can use it to consolidate debt, make home repairs and renovations, or for any other purpose that they see fit. When GreenSky provides a loan, they are also partnering with a traditional bank that will take on the majority of the risk. GreenSky is then compensated for originating the loan and for servicing it going forward. The company has had more than 1.9 million loans funded since it was founded, which total more than $13 billion in original principal.
Now that the company has been able to establish itself in the field, the company is continuing to find ways to raise capital. Over the past few years, the company’s CEO and founder David Zalik has taken the company through several rounds of venture capital funding. This has provided the company with millions of dollars in capital to fuel the growth.
While the private venture capital method has worked well for GreenSky in the past, the company now has plans that could allow it to raise capital faster than ever before. The CEO of the company is now considering issuing an IPO and taking the company public. By doing this, they will be able to raise a considerable amount of money. Once they do this, GreenSky will be able to invest more in its business and find new areas for growth.
If anyone was wondering what Shervin Pishevar thought about the economy of the United States, their questions have now all been answered. The entrepreneur and Uber investor recently spent 21 hours expressing his views through a series of tweets about a myriad of topics concerning the U.S. economy.
Shervin Pishevar used his Twitter account to unload his opinions regarding bitcoin, the future of the Silicon Valley, and the effects of technology on the markets. In a series of more than 50 tweets, the venture capitalist predicted a massive slowdown of the economy. The sudden explosion of thoughts was the first time Shervin Pishevar has spoken publicly since he stepped down from Sherpa Capital in December 2017 after multiple allegations of sexual misconduct surfaced.
Among the most notable opinions expressed in the tweet storm, Shervin Pishevar used the platform to predict a drop of 6,000 points in the stock market over the next few months. Part of the reason for this dire prediction lies in his belief that volatility in the bond market will cause ripples through the rest of the financial sector. Shervin Pishevar blamed the uncertainty coming out of Washington as a result of the White House stance on trade sanctions as a major reason for the predicted market collapse. In his analysis, Pishevar expressed his opinion that the U.S. will continue to lose business to China because of the escalating decay of the U.S. infrastructure.
Shervin Pishevar also took on the emerging bitcoin technology, pointing out that he believes the industry will continue to crash before it begins to recover and stabilize over the next few years. The future of the Silicon Valley also received great attention from Pishevar when he stated that the area is merely an idea, rather than a stronghold of tech innovation. Pishevar believes that the decline of American-based startups is contributing to the negative impact of too few large companies holding the majority of the power.
Dr. Mark McKenna is a man with many different passions, and as an entrepreneur, he has been able to pursue quite a few of them. OVME, the retail aesthetics company that he founded, works to connect patients who are looking for quality healthcare professionals. This has allowed McKenna to draw on his entrepreneurial skills as well as his experience in medicine, and it is finding interested customers and success. OVME uses some of the latest technology to offer interested patients remote consultations, and these consultations then allow the patient to decide if they would like to pay for any of the services that can help them.
While Dr. Mark McKenna has announced that patients still will need to visit an OVME office, he is working to change that. This is being done through an app that will give patients the power to schedule appointments with the best healthcare professionals right in their office or home. Obviously, this is very convenient and also offers a level of privacy and comfort that no one else does. As a client-driven practice, this is exactly what Dr. Mark McKenna wants for OVME, and he is planning on using more innovations in the future to provide patients even more.
Earlier in Dr. Mark McKenna’s life, he had studied to be a doctor at the Tulane University Medical School in New Orleans. Instead of pursuing medicine in the beginning of his career, he went into real estate. He made plenty of money in New Orleans, but that was before Hurricane Katrina struck. After the tragedy, a lot of his real estate business was devastated, but he stayed around and helped to rebuild the city by working on low income housing for people. After he had done a lot for the people of New Orleans, he decided to move to Atlanta, Georgia and get back into the medical field. After Dr. Mark McKenna created and sold his successful company, ShapeMed, he decided to move on and create OVME. Today, he draws on all of his experience to create the best modern, aesthetic medical company in the United States.
Shortly after GreenSky Credit introduced the online platform for their partners and customers to use, they have decided to take their services a notch higher by declaring their initial public offer. The company is currently preparing to go public, a move that has been eagerly awaited by both the public and other organizations to see how it will impact on their growth. So far, the company has been in operation for slightly over a decade, and the kind of growth that it has recorded is unprecedented. With its initial capital then being $50 million, over the past decade, GreenSky Credit has grown drastically, with its value worth more than $3.5 billion during the previous valuation at the end of last year.
The online medium that GreenSky Credit launched in the recent past has also turned out to be the long-awaited dawn in the financial sector. This is because it has allowed the borrowers to interact with the lenders with no physical movements involved. The borrowers have also been relieved from the rigorous and annoying background checks to which they were subject before. All that is required of them is to fill the loan application details that are then reviewed by the lending companies. After the lenders approve the borrower to receive the stipulated amount of funds, GreenSky Credit is automatically authorized to fund the borrower’s account with the amount required.
In this way, the customer benefits greatly from the platform for the efficiency it offers and also the speed at which the loans are processed and approved. The platform has proved to be beneficial to the financial lenders too. This is because the small creditors may be having a larger customer base than they can sustain. The presence of GreenSky Credit offers the creditors a flexible lending capacity whereby they can lend as much as the customers require and to as many customers as they may have.
Zalik David, the founder and the CEO of GreenSky Credit has greatly contributed to the tremendous accomplishment of the organization. Through his loyal and zealous employees, Zalik has been able to lead the organization to the great heights that it stands today.
Dr. Mark McKenna got his MD at Tulane School of Medicine. He graduated in 1999. Before leaving the school, he realized it was hard to make a lot of money as a doctor. After graduation, he decided not to stick to medical practice and instead went ahead to venture into the Real Estate market of New Orleans.
However, in 2005 he lost millions when Hurricane Katrina struck.
He is currently 43 and is working on opening a new company new early next year named ‘OVME’.
He aims to create a countrywide chain of medical cosmetic offices along with an application that will act as an uber for Botox patients. The residents of Atlanta are eagerly waiting for the medical aesthetic experience. OVME will feature four private luxury treatment rooms along with a separate office for consultations.
For Dr. Mark McKenna OVME is a product of the combination of medical aesthetics and technology. He hopes to help the Atlanta residents discover their true selves. Dr. Mark McKenna has become famous for his advocacy for his patients along with the aim to reduce the risks by ensuring the invasive procedures are as minimal as possible.
Dr. Mark McKenna in his recent interview stated that they are going into design, technology, and data to provide a unique experience for the patients.
There used to be somewhat of a stigma surrounding botox, one which has significantly waned as the product and practice have become increasingly popular. One of the individuals who has decided to not just practice botox injections but to pioneer the field itself, is Dr. Mark McKenna who has recently launched a new project called, OVME (“of me”), which, the good doctor hopes, will be to the cosmetics field what Uber has been for personal transportation.
Dr. Mark McKenna acquired his degree at Tulane Medical School where, after graduating, he discerned that he could forge a more successful career as a entrepreneur than as a practicing doctor.
OVME today operates under the promise of delivering cutting edge “curated medical aesthetic experiences in contemporary and welcoming environments.” In interviews Mr. McKenna has stated that his previous experience has revealed the importance of putting one’s business premium upon user experience, thus, the goal was to build a brand around a already established brand. As McKenna explains it in one of his recent interviews, there is a lot of customer recognition and trust in Botox, but very few retailers and businesses have the same level of trust with the product user base; OVME, hopes to change all of that and present a business which users will appreciate and trust as much as Botox itself.
Perry Mandera is Chief Executive Officer of The Custom Companies Inc and a sits on the seat of several Board of Directors including the Walter & Connie Payton Foundation, and the Jesse White Tumblers.
His Company, The Custom Companies is a Full Service Transportation Provider that services the community of Chicago and specializes in LTL, Truck Load and Air Freight transportation needs.
Perry Mandera started with the company in 1986 after 10 years in the Logistics and Transportation branch of the Marines, this is where he gained knowledge of the Transportation and Logistics Industry. His service in the armed forces, as well as his political career as the Republican Ward Committeeman in Chicago, 26th District helped shape him into the businessman and charitable giver he is today. It is through that service that he realized the needs of the Chicago community.
Perry Mandera finds joy into giving back to community and developed the Custom Cares Charities that services the needs of the Chicago Community. Some of these services include giving winter coats to the children of the Chicago district, providing contributions to a hundred youth sports organizations and has even coached several of these teams in the sports of football, baseball and basketball.
His service with the Marines didn’t end when he unlisted with the armed services. Today Perry Mandera contributes to various organizations that benefit our veterans such as Hiring our Heroes and Marine for Life. He strives to help the men and women who have served in our armed forces with gainful employment upon leaving the service.
Through his success as a businessman in the Transportation he has gained several accolades within the industry. He has garnished such awards as being named in the Top 100 American Transportation executives a prestigious award given by the ITA. He also was given the Bishop Sheil and Citizen of the Year Award by the Illinois State Crime Commission. As well as the Leonard Schaller Businessman of the Year Award
In addition to his business and charitable organizations he is a devoted husband, father, and church member of the Catholic faith.
Shervin Pishevar is an expert in technology incubation. Pishevar was one of the first investors to shell out $26 million to get Uber off the ground. That initial investment is worth billions now. Shervin is also the co-founder of Investment company, but he left the company in December 2017. Pishevar pulled himself out of the investment limelight for a few months until he started his 21-hour tweet performance. That performance was certainly Trump worthy. Pishevar didn’t attack anyone personally during his 50-tweet performance, but he did tweet about Apple, Microsoft, Facebook, Alphabet, and Amazon. He said those companies have an enormous amount of power and that is dangerous. He also said the U.S. is falling behind other developed nations. China infrastructure plan will give China the impetus it needs to become the number one economy in the world, according to a Pishevar tweet.
And when investors read his tweet about the bond market being unstable, he got the attention of investors trying to find an investment vehicle that is safer than the stock market. Shervin’s tweets about the stock market dropping by 6,000 points was an eye-opener for some investors. Pishevar even threw the Bitcoin under his tweeting bus. Shervin Pishevar thinks the future value of a Bitcoin will be $2,000 to $5,000 sometime soon. And his tweet about big companies like Amazon and Apple becoming mini-sovereigns hit a nerve with some investors. Companies like Microsoft, Apple, and Amazon are doing what nations used to do in terms of helping people.
No one is disputing Pishevar’s right to tweet. His investment followers want him to give them the information they can use to make money. Shervin hit on other topics in his recent tweetstorm. He talked about Silicon Valley losing its spot as a startup haven, and he tweeted gold is a solid investment in 2018. And in another tweet, he said the U.S. economy is heading for a recession. And he also thinks the national debt will stop foreign investors from buying treasury bonds.
The Shervin Pishevar tweetstorm was an eye-opener for some investors, and to others, it was just Shervin Pishevar tweeting in his spare time.
One detail that’s grabbed the attention of headlines is the recent outburst by Shervin Pishevar concerning a rather gloomy outlook on the US economy in the coming years, and it seems to be brought on in part by a Bitcoin crash that hasn’t yet finished while a ruined infrastructural support system lags far behind that of other countries. It all seems so odd: The venture capitalist, who formerly headed Sherpa Capital, had disappeared since his resignation from the company back in December. What brought him back in such a furious storm?
For those not yet in the know, Shervin Pishevar was originally forced to exit Sherpa Capital due to overwhelming attention toward allegations of sexual misconduct, and he stated that it was necessary to cut himself off from the company in order to prevent the drama from interfering with its operation. Interestingly enough, his return to media headlines now coincides with a recent lawsuit that was placed on a company known as Definers Public Affairs — a rather official-sounding name if one hadn’t known differently — for allegedly slandering him.
In his 21-hour onslaught of more than 40 tweets outlining a dark future for US enterprisers and consumers alike in the coming years, Shervin Pishevar notes the following:
- The infrastructural support system in the US is in bad shape. It’s difficult to acquire funding for projects anymore, and those that are approved take months or years to finish what the likes of China can knock out in mere hours.
- The big fish in business, namely the five most influential companies (Apple, Amazon, Alphabet [Google], Facebook and Microsoft), will continue to trample start-ups in the country, stifling innovation and discouraging more companies from starting up in the future.
- The stock market is about to see a 6,000-point drop thanks to these conditions and more, one of them being the much-emphasized continuation of the Bitcoin crash. Shervin Pishevar points out that the cryptocurrency is expected to drop by as much as another $5,000 before coming to a rest and then slowly ascending once more.