Owning a home is one of the best ways that the average person can build long-term wealth. When people are looking to improve their home, one great option would be to consider a home renovation or addition. If you are looking to build onto your home, you may find that it is difficult to get financing from a traditional letter. However, there is one online lender that is making it much more convenient and easy to complete your major home renovation projects.
GreenSky Credit is it growing organization that currently provides online loans to people who are looking to complete major remodels, renovations, expansions, and repairs to their homes. This company is able to provide a unique financing solution that can be applied for online. Over the past few years, the company has continued to grow and is now one of the leaders when it comes to online lending to the residential real estate industry.
Ever since the company was founded, GreenSky Credit has been run and managed by its CEO David Zalik, who has a unique background that is giving him a good perspective for growing the company. David Zalik saw a strong opportunity to provide capital to a current under-served market. Many people that would like to improve their homes do not have the personal capital and cash necessary to do so. Through the services provided by GreenSky Credit, it is now possible for the average consumer to obtain some form of credit.
Now that GreenSky Credit is continuing to grow and flourish, David Zalik is looking for new ways to grow the firm. David Zalik is reportedly working with investment bankers to build out a new IPO that could be used to take the company public. Doing this would be an amazing feat for the growing firm as it will give them access to more capital than ever before. This could provide the company with billions of dollars needed to lend to more borrowers than ever before. It could also help the company receive a reduced cost of capital, which could then help them offer lower rates to customers.