GreenSky Credit Brings Lenders and Borrowers in a Single Platform for Easier Business

GreenSky Credit is a financial technology entity based in Georgia, in the larger state of Atlanta. The primary purpose of the organization is to offer a credit platform where borrowers and lenders can meet and lend or borrow from one another with ease. However, the organization does not provide a platform for individuals to acquire any loan but mostly focuses on ensuring that the loans provided by the entity are mainly focused on health care, home improvement, and solar energy. You can as well buy other consumer goods if all that’s what you want.

  • What is the GreenSky Program?

A GreenSky credit platform is a technology that brings all those who want to borrow in a single platform and all those who want to lend in a single platform. It’s like a market where the seller meets the buyer, and the two can exchange goods and services. The advantage is that no standard loan application procedure blocks many individuals out which means that only people with good credit scores can access credits. Here, every person who is interested in home improvement loans or installing solar panels at home will get loans with ease.

GreenSky Credit lenders are not your usual lender who will sometimes lack the necessary resources to fund your business and tell you to come the next day. All the lenders brought about by this platform are federally insured organizations that have enough cash reserves to provide to all citizens and borrowers who need to buy various goods and services. This explains why the lending institutions have offered more than $5 billion within less than five years.

GreenSky Trading Partners and Merchants

On the other hand, you don’t just need credit, but you also need organizations that will be providing you the goods and services on credit terms. This program has partnered with some of the largest multinational organizations in the industry such as Sears and Home Depot. This is general merchants that have everything that you think you would like to have. This makes it fun and easy for the members to get all the goods and services they want from companies with reputation.

Sources

https://www.bloomberg.com/news/articles/2016-09-26/instant-lending-made-this-college-dropout-a-billionaire

Wikipedia

https://www.greenskycredit.com/company/

Ever Wondered What GreenSky Credit Is? Let’s Learn About The Program And Its Founder, GreenSky LLC

Financial technology, better known as fintech or sometimes called FinTech, is the ever-growing brand of technology that strives to make the field of financial services easier, faster, more efficient, and more effective for consumers, businesses, and even financial institutions. Examples of financial technology’s many innovations include mobile apps used by banks for consumers to take care of banking on the go, digital currency and cryptocurrency wallets, and being able to trade instruments without the use of traditional brokers.

Atlanta, Georgia’s very own GreenSky is one of fintech’s greatest figures

GreenSky – its legal name is GreenSky LLC – is a leader in the world of financial technology. The company was created in 2006 by David Zalik, who currently serves GreenSky and the broader world of fintech as GreenSky’s chief executive officer, a lifelong entrepreneur who entered college at the early age of 14 and founded MicroTech Information Systems while attending Auburn University during his freshman year.

Statistics indicate that GreenSky is one of the largest companies to offer small to mid-sized loans to customers across the United States through innovative mediums like the World Wide Web and mobile apps available on all major smartphone app networks (e.g. iOS, Android).

What does GreenSky do?

We’ve already mentioned that David Zalik’s GreenSky offers loans to customers around the nation, but it doesn’t do so in a traditional way. GreenSky offers loans to customers around the nation through GreenSky Credit, the company’s lending program.

GreenSky Credit is available through GreenSky’s official website and its mobile application, available on both iOS and Android app networks. First-time applicants can simply take pictures of necessary documents using their smartphones, rather than being required to bring physical, original copies of things like their Social Security cards, driver’s licenses, birth certificates, and financial statements for their businesses that such financing might fund.

GreenSky Credit makes loans between $1,000 and $55,000 to individuals and businesses in all 50 states of the United States. GreenSky – thanks to the success experienced by GreenSky Credit – offers its stock to the public via major stock exchanges in the United States.

https://tritonstone.com/faqs-about-greensky/

GreenSky Credit Strengthens its Relationships with the Small Financial Creditors

There is nothing as frustrating as being subjected to tedious processes of loan application, especially when you need the fund for emergency purposes. This has happened to many people during their borrowing process, which in some instances have distracted the progress of the borrower’s projects. If this has ever happened to you or your friend, or even a relative, then your worries should cease immediately. This is because GreenSky Credit has invented a new online platform that connects the customers directly to their financial lenders, which enables their loans to get processed and approved within the platform and within a short period, their borrowed funds remitted into their banks. All this happens without the customers moving an inch. They only need to have a smartphone or a computer and some internet and all the processes done in the comfort of their houses.

GreenSky Credit has been in operation for more than a decade, and since its foundation, the organization has continued to show remarkable growth that can be attributed to many factors. The company, being a financial institution, does not offer credit facilities to individual customers. Instead, they support the lending institutions and other creditors in their operations by offering financial support to them, hence boosting their capacity to lend more to their borrowers and also to a larger number of customers. The most impressive bit about the new platform that GreenSky Credit has adopted is that customers of the individual lending firms do not need to visit the firms for them to access the credit. They have provided a utility that enables them to visit GreenSky Credit’s website, and all the required processes and approvals are done online.

The current CEO of the firm has also been a critical success factor for the firm. Through his proficiency in credit and debt management, David Zalik, who also owns more than half of GreenSky Credit, has managed to spearhead the company’s growth to the extent that it has been named one of the best lenders in the US. Zalik has also motivated his junior staff to establish strong relationships with the small financial lenders so that they can leverage on their customer base.

https://www.cnbc.com/2017/05/25/how-greensky-billionaire-david-zalik-built-a-tech-empire-from-age-14.html