GreenSky Credit has taken the fintech world by storm. The company was founded just 13 years ago. But in its brief lifespan, it has become the dominant player in the fintech lending business, doing more than $5 billion in new loans each year.
The secret behind the incredible success of GreenSky has been the fact that the company has pioneered a truly novel means of financing big-ticket items, directly at the point of sale. The company is the first to offer truly instantly approved loans for amounts of up to six figures. This means that for the first time, qualifying customers have access to credit facilities that can allow them to immediately begin work on their dream renovations for their home. And GreenSky is now expanding into a large number of other fields, including high-end dental work, cosmetic surgeries, roofing and window replacement.
Bridge financing for all
GreenSky is the first company to do what has always been a critical task in the world of real estate development. Without the ability to secure short-term financing to access the cash needed for their projects, real estate developers the country over would be unable to complete the majority of their developments. This short-term financing is what makes the world of real estate development go round.
GreenSky has now made it possible for individuals who face the same problems with the enormous costs of cash-intensive remodeling projects to access the same types of credit facilities that the biggest players rely on. This short-term bridge financing for retail consumers has added billions of dollars each year to the home improvement economy. And it is helping customers to add value to their homes as well. The types of projects for which the company lends money almost always result in net home-value gains when adjusting for the cost of the projects themselves.
By being first to market with retail bridge financing, GreenSky has gained a long-term competitive advantage in the space that will be very difficult for other entrants to contend with. And this makes the company’s long-term dominance all but assured.
The emergence of financial technology companies, or commonly referred to as FinTech, has taken the financial industry by the storm. FinTech utilizes technology and innovations to improve financial activities up to the point where traditional financial services will walk the way of the dinosaurs. GreenSky Credit was established in 2006 and has become one of the largest FinTech companies in the United States. Co-founder and CEO David Zalik has turned his tech-based lending firm into a multi-billion dollar company. Based in Atlanta, Georgia, GreenSky Credit offers its services to help fund a wide variety of home improvement projects and healthcare related issues that are not covered by the customer’s insurance. GreenSky Credit has provided reliable payment solutions to over a million consumers and had funded well over 12 billion loans since its inception.
CEO David Zalik has worked in the banking industry for years. His savvy idea for GreenSky Credit was brought into existence after the realization that home remodeling contractors were the key to one of the nation’s most lucrative markets, homeowners. Mr. Zalik, a high school dropout turned self-made billionaire, remarkably started his company in his own basement. The company’s straightforward mobile app and its overall services had become a go-to for many contractors across the nation. GreenSky soon shot up in the ranks as one of America’s most valuable FinTech operations.
The company has partnered with 14 large financial institutions including Regions, Fifth Third and SunTrust. The entire operation works by transferring a chunk of the risk and work to affiliated parties, all the while profiting from both sides involved in the deal. Basically, every time a home improvement contractor successfully markets a loan to a homeowner, GreenSky will receive roughly 6 percent of that loan amount. The company is recognized for its ability to service customers who desire smaller amounts than what a traditional bank would typically lend. David Zalik believes that his scalable business will continue to increase its loan volume by the end of the year.
Talk fusion and online marketing training platform recently launched a new program branded talk fusion University. It has the aim of being a private virtual hub in which the talk fusion Associates are able to receive expert training from the company’s founder who happens to have over 25 years of experience in the network marketing industry. Having been introduced to the world of multilevel marketing in the 1990s Bob Reyna has since gone on to develop a four-step system which has made him a top earner in numerous companies. Learn more: http://alivenewspaper.com/2018/01/talk-fusion-wave-future/
As talk fusion continues to innovate their latest addition to the airline of products the talk fusion and video Suite has come with the aim to help improve users experiences by including a user-friendly dashboard. This was developed to be a stimulus that the company would need to begin introducing improvements throughout the coming year. Talk fusion is no longer satisfied with remaining stagnant and as such, they are always looking for better ways to continue to innovate their product line.
As recently as last month talk fusion released a statement where it was made clear that their mission is to change the very nature in which humans communicate throughout the entire globe. To do this will require an elimination of barriers that are currently in place against communications. An entirely new system will need to be designed. One that is easy or everyone to use and one that is built on the back of cutting-edge technology. Not only does this mean that talk fusion’s existing products are the best but they will continue to only get better.
Talk fusion has decided to stay at the forefront of communication technology changes. Whereas email used to be the premier method of business communication it is now becoming more and more prevalent to have the use of video conference calls in the business environment. With such changes coming ever so rapidly only a company as agile and innovative as talk fusion stands a chance of making any real differences in the world. In this light talk, fusion has decided to launch a new video email service that has allowed users to customize their email in a few key ways. Now it is possible to embed videos into an email. With all of these recent changes in the industry of communication is easy to believe that the cost of these revolutionary services will be astronomical however it is talk fusion’s desire to make these new developments readily and easily available to all of those in the world.