What results when you combine the best of finance ideas and new technologies? The answer is a financial technology company such as GreenSky Credit. It is not your ordinary run-of-the-mill financing company. It uses the power of technology to make financing more widely available and easier than ever before.
David Zalik built GreenSky Credit from the bottom up over the course of many years. He is a true entrepreneur who had encountered many ups and downs in his business career. The still relatively young entrepreneur lost a lot of money in real estate, but that did not deter him from trying a new venture in the world of financing.
His idea to use technology and finance together ultimately culminated in what is now a billion-dollar company called GreenSky Credit. The company has a simple mission. It is to leverage the power of technology to make financing home improvement projects faster and easier than before.
GreenSky Credit improves upon traditional financing methods for projects by allowing financing applications to be completed on the go. This means people can complete an application for a home improvement directly on the smartphone. There is no need to complete page after page of paperwork. One can easily complete everything needed for a financing loan on his or her smartphone thanks to Greensky’s online and mobile-friendly application.
GreenSky also saves people a tremendous amount of time when applying for loans. The typical loan process can be very lengthy. GreenSky Credit’s application can be completed in as little as 90 seconds. The approval or rejection of your loan application is just as fast. You often get a response right away on whether you were approved for a loan or not. There are a few rare instances where some more information must be collected. This will not apply to the vast majority of applicants, however.
David Zalik has brilliantly blended together a time-tested financial product with the power of technology in his financial technology company called GreenSky. Homeowners benefit from the easy and quick approval process. Contractors also benefit because they can now offer loans to their clients right on the spot. They can also act as a salesman to help improve the experience of their customers and their own bottom line as well.