Tagged Inc.

Ken Rees CEO of Elevate Credit Inc. Talks about the Importance of Technology in Financial Services in Sarder TV Interview

Ken Rees has a long career as an executive in the financial services industry, including being Chief Operating Officer of Think Finance Inc., CashWorks, InnoVentry, and is currently the CEO for Elevate Credit. In an exclusive interview with Sarder TV, the independent learning channel, Rees talks to Chitra Nawbatt, Sarder TV correspondent, about his career, the creation of his new company, effective leadership, and the importance of creating a learning culture in keeping a company vital and competitive.

“Ken Rees is a successful executive and entrepreneur and he has a lot to say about his field of financial services, the impact of technology in his industry and the importance of being a learning organization,” said Russell Sarder, CEO of NetCom Learning and creator of Sarder TV.

“We are excited to be able to offer this interview with Ken Rees as part of our learning video database so that others can learn from the experience of a successful entrepreneur and businessman,” said Sarder.

Ken Rees has spent almost his entire career in the financial services sector, much of it serving customers not well served by the traditional credit and banking industry. In the interview for Sarder TV, Rees talks about why it is important to provide financial services that allow individuals with poor credit backgrounds to get the credit they need while obtaining the ability to improve their credit history. According to Rees, his company, Elevate, helps customers gain access to free financial training and when they demonstrate responsible financial behavior they are rewarded with lower interest rates and additional products. Rees credits much of the success of his online company to being technology driven, allowing for the successful use of big data in innovative ways. These technological advances allow Elevate to use additional resources when making a decision to grants loan, other than the traditional use of credit scores. The Sarder TV interview with CEO Ken Rees provides an insiders view of the online consumer financial lending industry and demonstrates the importance of learning, technology and innovation to company success.

Sarder TV offers provoking, educational and candid interviews so that new entrepreneurs and aspiring business people can learn from them. The database is part of the international Learning Movement created by Russell Sarder to help spread knowledge and inspire a passion in lifelong learning. Operating on the premise that motivated individuals can learn from the experience, the success and the mistakes of others, Sarder TV provides a unique opportunity to see and hear influential personalities talk about the subjects that matter to them. Some of the past interviewees have included Ira Neimark, former CEO of Bergdorf Goodman, Susan Davis, CEO of BRAC USA, and Dan Hoffman, President and CEO of M5

Don’t miss this compelling and informative interview with Ken Rees at Sarder TV.

Sarder TV seeking additional leaders for interviews

Sarder TV is also seeking leaders to interview and is targeting leaders from Fortune 500 companies, and exceptional public figures like Bill Clinton, Oprah Winfrey, Jim Collins, Bill Gates, Warren Buffet and many more. According to the National Venture Capital Association, more than 30 percent to $ 600 million this year has been invested in Web-based education. For investors seeking an opportunity to participate in a multimillion dollar idea Sarder TV presents an excellent investment and is actively seeking investors. Several investors have already expressed an interest in this innovative idea. Investors interested in becoming a part of Sarder TV are invited to get in touch as well, contact us at here.

About Sarder TV

Sarder TV is a learning channel that contains a series of exclusive educational interview videos from top leaders in their industries, as well as motivational videos encouraging our public to succeed in their personal and professional lives, and many more. Russell Sarder, CEO of Sarder TV, has interviewed a series of leaders, who have shared their experiences and how they were able to achieve their success. Some of the names that Sarder has interviewed are: Ira Neimark, former CEO of Bergdorf Goodman; Russ Edelman, co-author of Nice Guys Can Get the Corner Office, Dan Hoffman, and David Hershfield, SVP Online Technology at RedCats.

Related Interest Rates Press Releases

MB Business Capital Announces $15 Million Funding for Plastic Suppliers, Inc.

Chicago, IL (PRWEB) April 23, 2015

MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $ 15 million senior credit facility to Columbus, Ohio-based Plastic Suppliers, Inc. Plastic Suppliers is a manufacturer and distributor of highly engineered, value-added plastic sheeting and films. The company serves food, institutional and retail packaging, label and office supply markets. Plastic Suppliers manufactures polystyrene and bio-based films in Columbus, Ohio for global markets. The company also distributes a wide variety of other film products in the Americas, Europe and Asia through US distribution centers in California, Illinois, and Texas and through the company’s Sidaplax subsidiary in Belgium. The new MB credit facility was provided to fund working capital needs of the company.

About MB Business Capital

MB Business Capital is the asset based lending division of MB Financial Bank, a commercial bank headquartered in Chicago, Illinois. MB Business Capital seeks asset based lending opportunities in the $ 5 million to $ 50 million range and is offering dedicated syndication opportunities of up to $ 100 million. The firm can also provide access to the full range of business banking products and services offered by MB Financial Bank.

About MB Financial, Inc. (NASDAQ: MBFI)

MB Financial Inc. is the Chicago-based holding company for MB Financial Bank, which has approximately $ 15 billion in assets and a more than one hundred year history of building deep and lasting relationships with middle-market companies and individuals. MB offers a full range of powerful financial solutions and the expertise and experience of bankers who are focused on their clients’ success. Learn more about MB Financial, Inc. at http://www.mbfinancial.com.

Time is Right to Purchase or Refinance Says Statewide Bancorp, Inc.


The Fed’s recent decision to leave interest rates alone may prompt consumers waiting for a drop in interest rates to obtain a mortgage or refinance a current mortgage.

“Lower interest rates increase consumer buying power,” says JR Diaz, Vice President of Statewide Bancorp, Inc. “The Fed’s decision to leave alone interest rates is prompting more consumers to refinance a current mortgage – – or purchase a home. In fact, we have experienced a surge in inbound traffic within the last month.”

Statewide Bancorp, Inc. is driven to create a loan process that is simple and convenient. Potential borrowers can log onto the Web site or call toll-free and apply for a loan anytime. Agents are available via telephone or on the Web site. Statewide Bancorp offers competitive rates and no up front fees.

A drop in rates boosts affordability

As interest rates drop, home affordability rises. First time homebuyers and move-up buyers can see their home affordability increase by thousands with a slight downward shift in interest rates. Using a 30-year fixed rate loan program as an example, a buyer who would qualify for $ 100,000 at 6.5% would qualify at $ 110,000 at 5.5%.

When and why to refinance

Lower rates also spark interest in refinancing and generally bring to mind the old rule-of-thumb that refinancing makes sense only when consumers can save 2% or more on their current rate.

Today’s homeowners refinance for a variety of reasons and don’t always hold out for the 2% difference. This holds especially true for homeowners with adjustable rate mortgages who may want to switch to a more stable fixed rate, or those who wish to tap into some of the equity in their home.

Refinancing may also shorten mortgage term

Many homeowners may also want to refinance to shorten a mortgage term. In some cases, with a lower interest rate, the mortgage term length can be reduced for about the same payment the homeowner is presently making. Even saving 1% on a rate can make sense, if the homeowner plans to stay in the home for more than a few years. In many cases, the closing costs resulting from refinancing a loan to 7% from 8% can be recovered in less than two years.

Learn more about home financing, refinancing

To learn more about your borrowing power during the current low rate environment, for purchase or refinance, call Statewide Bancorp, Inc at 1.800.737.0104.

Statewide Bancorp is one of the country’s fastest and most innovative direct discount mortgage lenders. Statewide Bancorp has developed a process that enables the company to work efficiently with minimum overhead. The streamlined approach enables the company to offer competitive rates and fees.

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