Greensky Credit creates real value for all parties to big-ticket retail loans

David Zalik is one of the more interesting characters in the financial technology industry. A former child prodigy, Zalik got a near perfect score on the SAT test at the age of just 12 years old. This caused him to be invited to attend classes at Auburn University, allowing him to skip high school completely. But it didn’t take long for Zalik to become bored with academia. He dropped out at around the age of 15 to pursue the development of his computer-assembly business, MicroTech.

MicroTech did well. And Zalik was able to sell the firm for approximately $5 million in 1996. At the age of just 22, Zalik had become a millionaire. He invested his capital in Atlanta-area commercial real estate. This proved to be a sound investment. By the time he was 32, Zalik was worth over $10 million. It was during this time that he first became aware of the opportunity presented by generating big-ticket point-of-sale loans.

Working with another one of his companies, e-consultancy firm Outweb, Zalik had noticed that a large number of his home-remodeling customers were losing business at the point of sale. Specifically, customers with little to no experience in contracting were systematically and severely underestimating the final costs involved in home remodeling projects. Contractors who were bidding on these projects found that customers were often so far out of the ballpark of realistic cost expectations that the bridge simply could not be gapped. Contractors were losing sales.

Zalik formed GreenSky Credit as a way to provide promotional financing for customers who couldn’t immediately afford their home-improvement projects. The genius in GreenSky Credit lies in the fact that it creates strong value for literally everyone involved. GreenSky Credit allows the customers to get the home improvements that they need, creating deep satisfaction with their homes and increasing their home’s resale value.

At the same time, GreenSky Credit delivers high-quality loans to lenders while helping contractors to nail sales that would have otherwise been lost. GreenSky Credit provides loans to mostly prime borrowers, almost eliminating the risk that lenders will have to contend with defaults.

Madison Street Capital Confirmed as a Finalist for the M&A Advisor Awards

The M&A Advisor made an official announcement confirming Madison Street Capital as one of the nominees for its 15th annual awards. Madison Street Capital is a global investment-banking firm, which is based in Chicago. The M&A Advisor Awards are widely respected as a paradigm of success and accomplishments in the financial industry. The M&A Annual Awards acknowledges firms’ excellence in restructuring, striking deals, and financing as well. In addition, these globally recognized awards celebrate both the contributions and accomplishments of top specialists as well as companies.

So far, Madison Street Capital has been lucky to land two nominations. These nominations include the Boutique Investment Banking Firm of the Year and International and Industrial Deals of the Year. The latter acknowledges deals, which are below $100 million in value. In the former nomination, Madison Street Capital is honored for its contributions in superintending the well-founded Dowco’s purchase of Acuna & Asociados S.A.

The Chief Executive Officer of Madison Street Capital, Charles Botchway, expressed his unfathomed gratitude for being able to facilitate one of their loyal customers with the Acuna & Asociados S.A purchase. He comprehended that it was the pleasure of his company and team to contest in the internationally valued Boutique Investment Banking Firm of the Year Award. According to Charles Botchway, the firm leverages a team comprising of practical dealmakers who put tremendous effort in connecting clients with unique and growing business ventures, which are capable of meeting clients’ versatile desires for increased growth and prosperity.

Karl D’Cunha serves at Madison Street Capital as the Senior Managing Director. According to him, the acquisition of the Acuna & Asociados S.A was linked with a very complex cross-border transaction. He pointed out the recognition by the M&A as a great motivation to him, the company and the workers. On November 9, 2016, is when the 15th Annual M&A Advisor Awards Gala will take place at the New York Athletic Club. It is during this day that the nominees for various awards will know their fate.

Madison Street Capital is a fast-growing investment banking company with a global touch. The firm is committed to reliability, excellence, and leadership. The firm as well offers exceptional services aimed at delivering corporate financial opinions, financial advisory services, valuation services, mergers, and acquisition. Madison Street Capital extensively addresses the individual needs of businesses in both the private and public sectors.

Madison Street Capital provides excellent investment banking services, which help all its clients to flourish in their global ventures. Over the years, the investment-banking firm has set up a strong base of clientele due to its unconditioned commitment to professional standards and high excellence levels. The company believes in fashioning strong relationships and businesses within communities through the United States. The company is also actively involved in philanthropic activities, and some of its works can be seen through the United Way.