The woes that have befallen the business and banking worlds are well known but what is oftentimes less discussed is a credit niche in which Kamel Alzarka and his business Falcon Group operate: alternative financing. As he explains in this interview with Linzie Janis for Bloomberg’s ‘Countdown’ TV Show, following the economic slump of 2008 there was a need for growth that was simply not being fulfilled by the existing lending policies. This is where Mr. Kamel Alzarka and Falcon Group came in, offering much needed liquidities for companies looking to finance growth.
With reliability and openness to markets that had difficulties in obtaining traditional lending, Kamel Alzarka and his company have grown into a reputable player on the global business scene.
Falcon Group’s operations in emerging regions have formed the bulk of their business activities as well as revenue for quite some time but this has changed in recent years, with more and more willingness from European companies to engage their services. This means that the Group, which he founded when he was only 23 years old, has been experiencing incredible, yet steady, growth. Kamel Alzarka estimates it as remaining constant, at around 20 to 25% per year.
Falcon’s business model is built around repurposing funds obtained from the company’s own lenders, traditionally banks, although Kamel Alzarka notes that they have started to move towards directly engaging investors to finance businesses across industries of interest. Additionally, it is not just funds that are being provided to their customers, but also the kind of professional expertise that is only acquired after several successful decades in the industry.
