GreenSky Launches Elective Health Care Loan

GreenSky is launching a new revolving credit line up to $25,000 for elective medical providers; the lender is looking to solve the issue of repeat customers, the new product will only require consumers to apply for credit once; GreenSky has been rapidly growing their health care partnerships in the last couple of years, going from 155 in Q1 2017 to 2,384 in Q3 2018; “Our growth trajectory in elective health care transaction volume continued to mirror what we saw early on in our home improvement business,” CEO and founder David Zalik said during a 3rd quarter earning call according to American Banker. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.