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The banking industry is changing in multiple ways. Numerous people are tired of dealing with national banks that do not prioritize customer service. In response, many banks now offer an online banking option.

GreenSky is a bank that functions entirely online. By only offering online services, the bank can reduce costs and increase profits. The GreenSky credit program has positive reviews from various customers. People who want to work with a bank that prioritizes customer service should consider working with GreenSky.

Founding GreenSky

GreenSky was founded less than a decade ago. The founder was tired of dealing with large banks that offered expensive loan products. Although the first few years of the company were tough, GreenSky is now profitable and looking to expand in various areas.

One of the most significant obstacles while running a bank is capital management. The GreenSky credit program is known for the inexpensive automobile and home loans offered to clients. With the rising popularity of GreenSky, the bank has had to become more stringent with lending standards.

The GreenSky credit program allows people to borrow money without an extensive background check. Instead, the people who work at GreenSky look at a person’s income and current financial position. This approach is different from most of the national banks.

Mortgages

The housing market is booming in many cities. Millions of people are interested in purchasing a home. The typical mortgage application process takes multiple days to complete. The GreenSky credit program offers a mortgage option with immediate approval. Offering fast approval is an excellent way for GreenSky to stand out against other banks. With the competitive housing market, many home sellers will not consider an offer without a mortgage pre-approval.

Future Goals

Although GreenSky is still a small bank, it is expanding quickly. Looking at online reviews, it is clear that many customers enjoy interacting with the online staff.

https://www.bbb.org/atlanta/business-reviews/loan-servicing/greensky-trade-credit-in-atlanta-ga-27259210/reviews-and-complaints

Many investors try in vain to find consistent investment opportunities. One huge fund manager, however, has been able to discover ways to profit in all types of market conditions. That hedge fund leader, Sam Adrangi, has been known as one of the most astute short sellers on Wall Street.

So who is Sahm Adrangi? Mr. Adrangi is a founder and managing principal at Kerrisdale Capital. Since 2009, Mr. Adrangi has used the firm to help his clients find short selling opportunities. With starting capital of about $1 million, Mr. Adrangi has been able to build up fund to over $150 million dollars of assets under management.

The key to Mr. Adrangi’s success has been his dedication to research in finding short selling opportunities. When Mr. Adrangi finds a stock which he believes his overpriced, he shares that information on his website as well as social media. Recently, Mr. Adrangi has shared his research on Sage Therapeutics and Proteostasis Therapeutics.

Sahm Adrangi first rose to fame when he exposed a number of fraudulent Chinese companies almost a decade ago. Some of the Chinese companies exposed included China Marine Food Group, Lihua International and China-Biotics. Mr. Adrangi’s research was not only able to protect shareholders from investing in these companies, it was also able to help Mr. Adrangi’s clients profit on the short side of these trades.

Over the years, Kerrisdale Capital has been known to specialize in certain sectors where Sahm Adrangi holds some special expertise. One of those sectors is the Biotech industry. Some of the biotech companies covered by Mr. Adrangi include Bavarian Nordic, Zafgen, Unilife, and Pulse Biosciences. Also, Mr. Adrangi has made a name for himself covering the mining sector with extensive research done on Northern Dynasty Mineral and First Majestic Silver.

In addition to his short coverage on various companies, Sahm Adrangi also has experience as an activist investor. Recently, Mr. Adrangi led a proxy contest to replace several directors on the board of Morgans Hotel Group. Sahm Adrangi graduated from Yale University with Bachelor of Arts in Economics.

http://www.worth.com/qa-short-seller-sahm-adrangi/