FAVO Capital President Shaun Quin Joins Forbes Business Council
FORT LAUDERDALE, Fla., Aug. 21, 2025 (GLOBE NEWSWIRE) -- via IBN -- FAVO Capital, Inc. (OTC: FAVO), a diversified finance company providing alternative revenue-based funding solutions to small and medium-sized businesses (SMBs) across the United States, complemented by strategic investments in income-producing real estate, today announced that President Shaun Quin has been accepted into the Forbes Business Council, an invitation-only organization for accomplished business executives and thought leaders.
Quin was selected by a review committee based on his proven record of leadership, business development, and strategic innovation. His acceptance recognizes more than two decades of experience driving growth across capital markets, alternative finance, and organizational transformation.
'It's a true honor to be invited to join the Forbes Business Council. This recognition marks an exciting milestone in my career, and I'm deeply grateful to Forbes for the opportunity,' said Shaun Quin, President of FAVO Capital. 'Being part of such a dynamic community of business leaders is both inspiring and invaluable, and I look forward to contributing meaningfully to the conversation.'
As a Council member, Quin will gain access to a curated network of peers and experts, with the opportunity to contribute thought leadership articles on Forbes.com and participate in exclusive panels and events. His first article, 'Why Some Small Businesses Turn to Private Credit — And What Owners Should Consider,' was published on Forbes.com on August 19, 2025. His involvement aligns with FAVO Capital's ongoing mission to expand access to flexible funding for underserved small businesses across the U.S.
About Shaun Quin Shaun Quin joined FAVO Capital in 2020 and currently serves as President, overseeing strategy, operations, and corporate development. He previously led RLT Atwood International, the world's first publicly listed blockchain investment firm, and brings experience across multiple sectors as a founder, investor, and award-winning innovator. Quin was recognized with a Microsoft Award for Technology Innovation and has a long-standing track record in building cross-border business ventures.
Connect with Shaun on LinkedIn https://www.linkedin.com/in/shaunquin/
About FAVO Capital, Inc. FAVO Capital, Inc. (OTC: FAVO) is a diversified finance company. FAVO provides alternative revenue-based funding solutions to small and medium-sized businesses (SMBs) across the United States, complemented by strategic investments in income-producing real estate. Since inception, FAVO has supported more than 10,000 businesses through the purchase of future receipts, while building a portfolio of stabilized, cash-flowing real estate assets that strengthen its balance sheet and expand its collateral base. Headquartered in Fort Lauderdale, FL, with operations in New York and the Dominican Republic, FAVO Capital is committed to financial transparency, sustainable growth, and creating long-term value for its shareholders.
About Forbes Councils Forbes Councils are invitation-only communities created in partnership with Forbes and the expert team behind Young Entrepreneur Council (YEC). Members are selected based on their professional accomplishments and ability to contribute to a community of like-minded business leaders.
To learn more, visit https://councils.forbes.com
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or the future financial performance of FAVO Capital, Inc. (the 'Company') and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements.
In some cases, forward-looking statements can be identified by terms such as "may," "will," "should," "expects," "plans," "anticipates," "intends," "believes," "estimates," "projects," "potential," "continues," or similar terminology. These forward-looking statements include, but are not limited to, statements regarding the expected benefits of the website launch, the Company's upcoming uplisting to Nasdaq, growth strategy, expansion plans, financial performance, and future business prospects.
These forward-looking statements reflect the Company's current expectations and projections based on information available as of the date of this release and are subject to risks and uncertainties, including but not limited to general economic, financial, and business conditions; changes in market demand; the Company's ability to successfully execute its strategic initiatives; the Company's ability to complete complementary acquisitions and dispositions that benefit the Company; the Company's continued ability to pay operating costs and ability to meet demand for its financial products and services and real estate operations; the Company's ability to integrate its newly acquired real estate operations with its existing revenue-based funding solutions; competition in the financial services industry and real estate industry; regulatory compliance; and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.
The Company cautions investors that forward-looking statements are not guarantees of future performance and actual results may differ materially from those projected. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Company Contact:
FAVO Capital, Inc. 4300 N University Drive, D-105 Lauderhill, FL 33351 www.favocapital.com
Investor Contact:
Scott McGowan InvestorBrandNetwork (IBN) Phone: 310.299.1717 Email: ir@favocapital.com
Se produjo un error al recuperar la información
Inicia sesión para acceder a tu portafolio
Se produjo un error al recuperar la información
Se produjo un error al recuperar la información
Se produjo un error al recuperar la información
Se produjo un error al recuperar la información
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
19 minutes ago
- Yahoo
Silvaco Announces CEO Transition
Walden C. Rhines, Ph.D. appointed as new CEO following departure of Dr. Babak Taheri SANTA CLARA, Calif., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. ('Silvaco') (NASDAQ: SVCO), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced that Dr. Babak Taheri has left the company, effective August 19, 2025, following nearly seven years as Chief Executive Officer, during which he led the company through its initial public offering. The Board has appointed Walden 'Wally' C. Rhines, Ph.D., as the company's new Chief Executive Officer, effective immediately. 'It has been a great honor to work with the team and the board at Silvaco. I am very proud of our successful IPO and the sustained double-digit growth over several years. The 'One Silvaco' team has achieved many accomplishments,' said Dr. Babak Taheri. 'The dedicated team at Silvaco is well-positioned to continue executing its strategic vision and creating shareholder value.' 'Silvaco is at an exciting point in its market opportunity. We sit at the forefront of semiconductor design automation with a unique set of technology offerings and a strong pipeline of business opportunities,' said Rhines. 'On behalf of the Company and the Board, I would like to thank Babak for his leadership for nearly seven years and wish him the very best. I'm honored to step into this role and am committed to maximizing long-term value for our shareholders.' Rhines has served as a member of Silvaco's board of directors and as a member of the audit committee since September 2022. Since March 2020, he has served as President and Chief Executive Officer of Cornami, Inc., and is Chairman of the board of directors of Qorvo, Inc. (Nasdaq: QRVO). Rhines previously served CEO of Mentor Graphics Corporation from 1993 until its acquisition by Siemens in March 2017. Following the acquisition, Rhines served as President and Chief Executive Officer of Siemens EDA (formerly Mentor Graphics). Rhines holds a B.S.E. in engineering from the University of Michigan, an M.S. and Ph.D. in materials science and engineering from Stanford University, and a M.B.A. from the Southern Methodist University Cox School of Business. 'We are at an exciting point in Silvaco's trajectory, and I have the utmost confidence in Wally leading Silvaco through this next chapter. I also want to thank Babak who has been an incredible asset to the company and has played an instrumental role in all of our recent milestones, including our public listing and acquisitions," said Kathy Pesic, Co-Founder and Chair of the Board. About Silvaco Group, is a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation. Silvaco's solutions are used for semiconductor and photonics processes, devices, and systems development across display, power devices, automotive, memory, high performance compute, foundries, photonics, internet of things, and 5G/6G mobile markets for complex SoC design. Silvaco is headquartered in Santa Clara, California, and has a global presence with offices located in North America, Europe, Egypt, Brazil, China, Japan, Korea, Taiwan, Singapore and Vietnam. Learn more at ContactsMedia Relations:Tiffany Behany, press@ Investor Relations:Greg McNiff, investors@ Sie sich an, um Ihr Portfolio aufzurufen.
Yahoo
19 minutes ago
- Yahoo
Australia's Zip soars on strong earnings, outlook, US listing plan
(Reuters) -Shares of Australia's Zip surged over 25% on Friday to hit their highest level in more than three years after the buy-now-pay-later (BNPL) company reported higher annual earnings and announced plans for a secondary U.S. listing. The company's cash earnings before taxes, depreciation and amortization (EBTDA) more than doubled to A$170.3 million ($109.38 million) in the year ended June 30, higher than a Visible Alpha consensus estimate of A$160 million. The earnings growth came on the back of strong performance of its U.S. business, which delivered a 41.6% growth in total transaction volume (TTV), driven mainly by spend on non-discretionary items. The company's net bad debts were 1.5% of TTV, down from 1.7% last year. Zip said it expects more than 35% growth in its U.S. TTV in fiscal year 2026. According to Citi analysts, that, along with an assumption of 6% revenue growth in Australia, implies cash EBTDA of A$230 million this fiscal, ahead of consensus estimate of A$215.8 million. The company also said it was considering a listing on Nasdaq, while maintaining its primary listing in Australia. "It is expected that a dual listing will support Zip's significant growth opportunity in the U.S. (which now represents over 80% of divisional cash earnings)," Zip said in a statement, adding that it had seen an increase in interest from U.S. investors. Zip shares jumped as much as 25.6% to A$3.920 by 0102 GMT, reaching their highest point since early January 2022. The stock was also the best performer on the ASX 200 benchmark index, which was down 0.3%. Zip shares have gained more than six-fold in value since the end of 2023, when reduced consumer spending, rising interest rates, and heightened regulatory scrutiny sapped confidence in BNPL stocks. ($1 = 1.5569 Australian dollars) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24 minutes ago
- Yahoo
I just spotted the PS5 Slim for its cheaper price, but you need to be fast to grab one
When you buy through links on our articles, Future and its syndication partners may earn a commission. Sony announced that starting today, the prices of PlayStation 5 consoles in the US will receive price increases as the company continues to "navigate a challenging economic environment," and in layman's terms, that well and truly sucks. Both versions of the PS5 Slim and the upgraded PS5 Pro console will be $50 more at US retailers, but if you were about to give up the idea of ever getting the Sony console, there is a small bit of hope, as some retailers haven't yet made the change. PlayStation 5 Digital Edition (Slim) | $449.99 at AmazonSave $50 - The official listing for the digital edition of the PS5 Slim hasn't yet been affected by the recent US Sony price hikes, but it likely won't stay that way (or in stock) for long. If you're quick enough, you can grab the digital edition console for $444.99, saving you $50 off its new price. Buy it if: ✅ The increased PS5 price is too much✅ You play mostly digital games✅ You're a PlayStation Plus member Don't buy it if: ❌ It's still out of your budget❌ You prefer physical games❌ You want the PS5 ProView Deal PlayStation 5 Digital Edition – Call of Duty Black Ops 6 Bundle | $519.99 at AmazonSave $50 - Until the recent price hikes there wasn't any real saving on this digital edition PS5 Slim bundle. However, now that the Buy it if: ✅ You want to avoid the PS5 price hikes✅ You prefer digital games✅ You had your eyes on Black Ops 6 Don't buy it if: ❌ You aren't a COD fan❌ You have your eyes on a PS5 Pro❌ Its 1TB onboard storage isn't enoughView Deal The Digital Edition PlayStation 5 Slim is still listed for $449.99 at Amazon at Amazon, which is $50 less than its new MSRP. There's even some PS5 Bundle deals available, as I've spotted that the PS5 Slim Call of Duty Black Ops 6 Bundle is also $519.99 at Amazon, meaning it too hasn't yet been affected by the recent changes. Should you buy a PlayStation 5 Slim console in 2025? With the price increases meant to start today, I have an inkling these PS5 listings won't be at these prices for long. Already, the Call of Duty Black Ops 6 bundle states there's "only two left" and although these warnings aren't always the most accurate, I wouldn't be surprised if any and all stock of the Sony console were starting to dwindle in the wake of yesterday's announcement. If you want a PS5, now is your best bet, before that $50 add-on comes along and ruins the fun. Fortunately, the UK pricing has remained unchanged, otherwise, I'd also be eyeing up a new PS5 Slim as I'm still rocking the chunky launch model. The PS5 Slim comes in a slimmer form factor (if that wasn't obvious from the name), but it also introduces a slightly larger base storage, taking the launch model's 856GB to 1TB. The cool thing about the console though, is that you can easily double or triple this by grabbing one of the best SSDs for PS5 as it comes equipped with a handy M.2 slot. But easily upgradable storage isn't the only reason why I heavily recommend the PS5 Slim all these years later. You've also got that huge existing PS5 game library to play through, the cool monthly and day-one releases added to PlayStation Plus, and exclusives like Ghost of Yotei on the horizon. Even 5 years into its lifespan, there's still a lot to love about the Sony console, especially if you can grab one right now without having to pay that extra $50. View all PlayStation 5 deals at Amazon PS5 Pro: $699 at Amazon PS5 Pro Astro Bot Bundle: $499.99 at Amazon
