Throughout the five-year period from 2012 to 2016, GreenSky had managed to lend just short of $5 billion through GreenSky Credit, a program that the company uses to effectively connect applicants to loans that are offered by banks across the United States that are all insured by the federal government, chartered by relevant state governments, and chartered by the United States federal government.
This trio of accreditations make certain that the loans GreenSky and GreenSky Credit are associated with are some of the most legitimate financial institutions that make loans available to consumers across the nation, regardless of what purposes they need such financing for.
The big thing that GreenSky Credit possesses that most of its competitors don’t
GreenSky Credit is a program on mobile devices like smartphones and tablets. It’s also accessible through the World Wide Web. Customers can simply log on to their devices and search for GreenSky Credit to kick off their applications.
Banks force prospective customers who are interested in loans to visit their premises in person – no excuses. People that can’t easily meet during regular business hours are effectively excluded from these opportunities, but not with the innovative GreenSky Credit app and website.
Consumers don’t have to do anything outside of entering their information into the mobile app or web page that they use to access GreenSky’s official portal. Hands-down – this feature is unarguably the biggest and brightest feature that sets GreenSky apart from the crowd of competitors that surround the company.
What is GreenSky similar to?
According to reports and industry experts’ comparisons, GreenSky is similar to financial technology companies like Lending Club Corporation and Social Finance Incorporated. In short, they are also businesses that make it easy for individuals to obtain financing.
Here’s some valuable statistics regarding how much business greenSky has done over the past 12 years
Since its day of incorporation 12 years ago, CEO David Zalik has managed to get 13,000-plus merchants to work with GreenSky, oversee the transfer of $13-plus billion, and distribute money to nearly two million people.