Hometown Journey

GreenSky Credit Suprises with Strong Q2 Earnings

Point-of-Sale financing is one of the most exciting financial trends of the past decade. And one Fintech company is leading the POS financing movement with surprising Q2 earnings following a successful IPO. That company, GreenSky Credit, is leading the way with strong revenue and a recent alliance with a credit card giant.

According to a recent article in Forbes, GreenSky Credit has been gaining momentum since the announcement of strong Q2 earnings. The results of these earnings comes from the FinTech’s business model of acting as a “middleman” between merchants and borrowers with a strong credit history. Because of this intermediary position, the company bears little risk.

In addition to their strong earnings, GreenSky Credit recently announced a partnership with American Express. This partnership will market the FinTech company’s lending services to American Express’s massive merchant customer base. This partnership has the potential to greatly expand the FinTech company’s portfolio of over 12,000 merchants who are already using the lending app.

This news comes on top of the company’s $800 million IPO in the middle of 2018. GreenSky Credit is known as a “unicorn” company, a term used by Silicon Valley and Wall Street insiders to refer to start-ups with a $1 billion dollar or more valuation. The FinTech company has continued its momentum and is now considered an undervalued by Forbes.

So what exactly does this FinTech do? The company offers a point-of-sale lending platform for a variety of merchants such as general contractors, medical clinics and solar panel installers. The merchant offers instant financing to their clients or customers. This quick lending platform allows the merchant to close more higher ticket sales and gives the customer access to quick financing.

Based in Atlanta, GreenSky Credit was founded in 2006 by its current CEO David Malik. Currently, the FinTech company secures lending from 14 financial institutions including Regions Bank and FifthThird Bank. From 2012 to 2106, the company had loaned out over $5 billion dollars. As the company enters its next decade, GreenSky Credit will look to expand the point-of-sale lending market.

https://finance.yahoo.com/q?s=GSKY

Matt Badiali Explains the Freedom Checks

Freedom Checks is the new way of making money. This is notwithstanding the fact that their popularity has not gotten to many investors. Freedom Checks are said to result to immeasurable benefits to individuals. It should be noted that people in the investment world have for long been associated with taking shorter routes to success. For this reason, many people have expressed their skepticism on Freedom Checks. Indeed, numerous investors have hesitated to trust the blooming opportunity, considering that many scams currently invade investment. Even with this fear, Matt Badiali a renowned Geologist possess first-hand information regarding the opportunity.

Matt Badiali prides in having extensive experience as far as investment is concerned. He was the first person to discover freedom checks. Matt holds a masters degree in earth science and has had the opportunity to visit various countries across the world for the propose of study. These countries include Hong Kong, Haiti, Switzerland, among many other countries. It is while exploring these countries that Matt discovered that his passion for investing was bearing positive fruits in the society. He saw it right to help people invest in natural resources.

Matt Badiali describes Freedom Checks as distributions that are made by masters limited at different intervals, be it monthly or quarterly. Freedom Checks’ mode of operation is similar to that of MLP. With this, people’s doubt about the legitimacy of Freedom Checks is cleared. Matt Badiali says that people have not known about Freedom Checks because most brokers have not understood much about their operations. He says that the checks hail from companies that deal with natural resources, transport as well as store.

Given the respect that Matt Badiali has earned in the field of geology, it is no doubt that the information he offers is valid. Even so, there are people who consider the deal to be too good to be true. Matt assures individuals that Freedom Checks are entirely legitimate, and the pay that one receives is entirely because of the tax structure for MLPs. The risk involved in this investment is minimal, compared to typical investments.