An Amibitious Couple's Blog Experiment

GreenSky is Changing How We Look at Business Financing – Sahm Adrangi

Sahm Adrangi, an alumnus of Yale University, is the CEO of Kerrisdale Capital, a well-known hedge fund. He often checks on other companies to see how they are performing or offer his insights on the growth of the businesses. One firm that has caught Adrangi’s attention is GreenSky Credit.

CEO David Zalik founded GreenSky in 2006 to offer affordable consumer finance services. The company has empowered many contractors across the United States by providing them with simplified and convenient services. For instance, those who wish to sign up for financial aid can use their smartphones to do so. The staff at GreenSky Credit works around the clock to ensure that clients get their finances approved within seconds.

Sahm Adrangi believes that GreenSky’s paperless system is something that all businesses should emulate. Some of the industries that stand to benefit from less paperwork and smooth financial services are retail, elective healthcare, home improvement and cosmetic procedures. Under David Zalik, GreenSky has managed to render its game-changing services to more than 17,000 customers. Their products have allowed contractors to reduce their sales investments, generate more leads and cut down on employee overheads.

Many business owners, including Mr. Sahm Adrangi, have lauded GreenSky Credit for helping other companies make their sales faster. Rather than wasting time looking for financial solutions, contractors can reach out to GreenSky to get a variety of financing options.

It’s a popular belief that numbers don’t lie. Sahm Adrangi has looked into some of the figures that come with the financial services offered at GreenSky Credit. The company allows its clients to pitch loans of up to $65,000. They charge a 6% commission, which depends on the written loan’s value. GreenSky gives a promotional period of 12 months to its customers. Contractors who pay their loan in full (within a year) are exempted from paying interests. Customers are expected to pay a low-interest rate of around 6-17% after the promotional period is over.

Before founding Kerrisdale Capital Management, Sahm Adrangi worked at the world’s renowned Deutsche Bank. His service at the company allowed him to learn more about leveraged debt financing. Adrangi is also a seasoned speaker.

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