The prosperity of any financial management company is not easy. Clients may decide to disappear with your cash with no trace which marks the downfall of your company. Alternatively, you may have excellent services and rates that trigger a good market but fail to manage the massive flow of clients due to lack of enough capital. Fortunately for Southridge Capital, the tale is not the same as the business has been on a higher success level each year. To be precise, the firm is currently making an annual revenue of 47.5 million.
According to financial analyst, the firm has been engaged in various partnerships or rather agreements which explains its prosperity over the years. Consider the recent case of Adama technologies- a corporation that deals with the management of hazardous metal waste. On 3rd August 2012, the executive of Southridge Capital-Stephen Hicks- made it open that his company had signed an agreement of $1.7 million with Adama technologies. Correspondingly, the company also made an equity purchase agreement of $3 million with PureSafe Water Systems to boost their water purification efforts. The most known agreement is the one the firm signed with Elite Data Services Inc. (A technology-based company owning and controlling online gaming and marketing) which is an estimated $5 million. Such enormous agreements are ideally profitable to the financial company hence make them to thrive in the commercial business market easily. Also, with these enormous agreements announced publicly, more small and middle scale businesses become triggered to partner with Southridge Capital for financial aid or management hence the company’s prosperity. Check out their website southridge.com
Besides the agreements, the prosperity of Southridge Capital is attributed to its uniqueness. Ideally, majority if not all financial management companies have a fixed service that they provide to their customers. However, when it comes to Southridge Capital, the company offers any service that the client has brought forward even if it is not a critical service that the company provides. They do this by effectively analyzing the problem and finding possible solutions on your behalf. As a result of this more clients prefer engaging with Southridge Capital and the more the market, the more the profit and the firm’s eventual prosperity.