GreenSky Credit has been one of the most instrumental organizations that are trying to bring revolution to the finance sector by embracing technology. With the help of the company’s CEO, Mr. Zalik David, Greensky has been able to establish strong relationships with the financial institutions that lend money to the customers in need hence building a mutual relationship. The deal between these institutions of financial lending and GreenSky Credit is that they should be able to harness customers to borrow money from them. Then, GreenSky comes in to provide the funds to the customers on behalf of the credit firms, but of course at a fee that is charged in the form of commission on the outstanding loan balance of the borrowers.
To smoothen the process of borrowing for the customers and their lenders, GreenSky Credit has designed an online portal which the borrowers can log in and communicate with their creditors. On the same portal, the loan application process is initiated by the borrower by filling in their details and submitting them for approval. After the approval by the financial institutions, GreenSky is granted the green light to credit the clients’ bank accounts with the requested funds. The whole process takes less than 48 hours. The beauty of this platform is that the loan application process has become a walk in the park for the borrowers. Instead of the bulky forms that the customers filled in the past, they are only required to sit with their phones in their houses and complete their loan application. The long time of the approval process has also been alleviated by this platform.
All this has been the initiative of David Zalik, who has been on the front-line to ensure that credit customers are no longer exploited or mishandled by the creditors who had become rogue in their service delivery. By the establishment of GreenSky Credit, a lot of challenges that were facing both the borrowers and the lenders have been addressed, and most of them solved. For instance, many are times when the small creditors could not afford to give credit to customers who required huge amounts of credit. As a result of the emergence of GreenSky, these firms can access funds to give to their customers in need, at a small fee.
Glen Wakeman had a great career in business and finance that spanned over two decades and now he is the CEOF of the LaunchPad Holdings LCC, an SAAS company he co-founded in 2015. Wakeman graduated with a Bachelor of Science in Economic and Finance from the University of Scranton where he graduated in 1981. Wakeman went on to get an MBA in Finance from the University of Chicago in 1993. He has had a successful career working for many large companies including GE Capital. He has also in the past presided over companies such as Nova Four and GE while being recognized as a Growth Leadership role model by the Board of Directors.
Glen Wakeman has been able to lead companies with over 17,000+ employees and that had a total of $15 billion in assets. He was able to help these companies grow and gain success. His work has included also helping startups through his 5 key performance methodology factors that have been proven to help businesses grow including execution, governance, human capital, leadership, and risk management.
Glen Wakeman has been an investor himself in the past and he was able to understand the ways that businesses needed to perform business transformation, work with global affairs, enter the world market, and post regular blogs to their websites to engage customers to help ensure the company’s proper growth and development over time.
Wakeman has helped run operations in 30 different regions worldwide while living in an impressive 6 different countries himself. This international experiences Wakeman has had have helped shape his global perceptions of business to successfully lead more businesses forward in the future to help them achieve better and brighter futures. He gained confidence in his decision making and is able to choose what path works best for the business
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Betsy graduated from a private high school and then received her undergraduate degree from Calvin College. She married into another one of the state’s wealthiest family, the DeVos’. Her husband Dick is the heir to the Amway Corporation, and the DeVos family is one of the largest donors to political and social campaigns. Betsy grew up in a religious family and was involved in politics in college, spreading her influential wings after graduation and marrying Dick DeVos. She has been involved with the Michigan Republican Party since 1982, having been its local precinct delegate since 1986 and their Committeewoman for 4 years. Betsy has been an avid fundraiser for Republican parties, having personally raised more than $150,000 for Bush’s 2004 re-election campaign. Her most recent political post has been her nomination to the position of Secretary of Education under the Trump administration. Check this related article from nypost.com
Mrs. DeVos is more than just a wealthy family member. She has been involved with politics, philanthropy, and business for decades. She is currently a chairwoman at a privately held company that was founded by Betsy and her husband in 1989, the Windquest Group. This company invests in clean energy, manufacturing, and technology. She is also a chief investor alongside her husband, for the group Neurocore. This group offers biofeedback therapy for mental disorders like anxiety, autism, depression, and attention deficit disorder through their brain performance centers. Betsy’s original investment of $5 million into Neurocore has turned into $25 million. Betsy and Dick DeVos have even tried their hand a producing, producing a 2012 Broadway show that was written by Kathie Lee Gifford.
Betsy is part of two very influential families; both involved in philanthropy and politics for many decades. She founded the Dick & Betsy DeVos Family Foundation with her husband in 1989. This faith-driven foundation was created to help support leadership and transformation through organizations that support community, justice, arts, and education. In 2015, the couple donated more than $11.6 million in donations through their foundation, helping the DeVos family reach #24 on Forbes list of the country’s top givers. Betsy has also been involved in arts, nominated by President Bush to lead the Kennedy Center for the Performing Arts’ board of directors. Betsy and her husband Dick funded a center there to teach arts managers how to manage their cultural institutions and fundraise. As an activist for education reform, Betsy DeVos has led campaigns for school choice and school vouchers. She has been a support of organizations like the Foundation for Excellence in Education and the Betsy and Dick DeVos Scholars for Free Enterprise and Entrepreneurship Scholarship.
Read her interview with Philantrophy Table.