GreenSky Credit is a privately owned financial technology company. It was established in the year 2006. It’s located in Atlanta, Georgia. The company offers technical services to merchants and banks such as the preparation of loans to consumers. The consumers use the credit for home improvement, healthcare, solar installation among other purposes. In an interview, the CEO of GreenSky Credit, David Zalik, confirmed that financial programs for the company are provided by state-chartered and federally-insured financial organizations. So far the company has been successful. For the last four years, it has managed to transact over billions. Since its debut into the market, GreenSky Credit has had a promising breakthrough. However, it’s not well-known as compared to other so-called financial-tech markets like lending corporate or social finance corporate. This is because GreenSky Credit doesn’t make loans from its capital.
David Zalik reported that back in 2016, they were able to partner with several banks. Some include SunTrust Bank and Regions Financial corporate. These banks gave loans using GreenSky Credit mobile app to all their esteemed customers. The consumers ranged from merchants to retailers, like the home depot. Moreover, some individual contractors registered with the company.
David Zalik said the corporate signs up merchants that sell items like furniture and other home improvement items. These includes aluminum siding, roofing and window replacement items. The CEO of the Company reported that they are aiming to expand and be able to cover medical personnel like doctors, nurses and vet professionals.
Essentially, the firm uses credit cards for a broader and more focused surveillance spending on all customers spending and investments. This offer is given under fixed terms that effect on a set period and also fixed-interest-rate payback. David Zalik said that the company would review an idea that they had of putting up a call centre in Kentucky. Currently, the company has done around $8 billion, and now they are targeting a trillion dollars. Since GreenSky Credit was founded, it has earned the trust of many consumers. It’s always their goal to leave all consumers satisfied. This is how to have been making profits consistently at the end of each financial year.