GreenSky Credit has been the leading creditor and financial institution, offering credit facilities to the small lenders and creditors so that they can increase their financial and lending capacity to their customers. This idea has assisted the small financial creditors because they can now give credit and loans to their customers with more flexibility and without much worry about how much they can afford to lend the borrower. They also have the advantage of giving the loans to their customers at more affordable rates than when they were on their own. This is because their financial risk has been shared with their reassurer, GreenSky Credit.
Since the foundation of the firm, GreenSky has been a success both to the owners and its business partners. This has been reflected by the alarming rate at which the number of clients has increased. The valuation figures of the organization are also a clear indicator that the firm is headed in the right direction. The CEO of the organization, David Zalik, has been so instrumental to the success of GreenSky Credit. Zalik has been a great inspiration to his employees and has also been their motivation. Bearing in mind that the workers of any organization are fundamental to its success or failure, those of GreenSky have contributed to its success.
One innovation that has turned all the financial tables for GreenSky Credit and all the other business partners that transact business with the organization is the introduction of an online platform where the customers to the small financial lenders can borrow the loans. This has made the process of loan application less tedious and more efficient. For instance, before the introduction of the online platform, customers had to fill papers manually, which would then wait for the approval by the staff from the lending institution, and then taken to GreenSky Credit where the loan could be disbursed.
The introduction of this online platform only requires the customer to log into the organization’s website where they should fill in their credentials and loan details and then submit the application for immediate review. After the review by the lending institution, the borrower can comfortably wait for less than two days for the funds to hit their bank accounts.