The CEO of Greensky Credit David Zalik doesn’t follow the crowd. A whiz kid at the age of 12, he was recruited by Auburn University and started his company MicroTech. By the age of 22, he was a self-made millionaire buying real estate in Atlanta. Always on the lookout to start the next big thing, he created Outweb. This was a consulting firm working with big players like Coca-Cola, Home Depot, and Benjamin Moore.
David Zalik’s current company Greensky Credit was born from the consulting work he did at Outweb. Greensky Credit is a finance company that uses technology to process loans without the long wait times. The lending company offers financing to consumers and businesses. Greensky Credit offers funding to consumers for home improvement loans. The borrowers must have good FICO scores to get approved. The company’s approval system gives potential borrowers an answer in less than 2 minutes.
After the loan is approved, Greensky Credit sends a payment card to the borrower’s home to use for the improvements. The homeowner can also opt to work directly with a contractor who will process their loan application on the spot. The payment card can be delivered to the contractor to pay for their services and materials. The loans are low interest with payment plans customized to the needs of the borrower.
For contractors, this is a dream come true. Their loan app makes it easy to win contracts with homeowners because they can get approved during the estimate process. The home improvement loans can be used for HVAC installations, roofing, remodeling, pools, windows, water filtration, and home automation. Contractors are given the power to set clients up on payment plans. Homeowners can borrow up to $65,000 and that gives contractors a boost when it comes to closing the deal.
David Zalik started Greensky Credit with the belief that lending should be straightforward. The company has loaned over 12 billion dollars to more than 1.7 million customers. The company’s streamlined loan process continues to serve homeowners and to help contractors reach their goals.