This is a financial technology firm based in Atlanta, Georgia, with over 1.7 million satisfied customers. Established in 2006, the firm provides technology to merchants and banks to make GreenSky credit to clients for healthcare, home improvement, solar and other uses. State-chartered financial, federal -chartered financial and federally-insured provide financing for GreenSky credit programs. For four years starting from 2012, the GreenSky credit program had lent out almost $5 billion.
The firm is among the fastest growing lenders in the US, making it easier for clients to access bank loans through a paperless and quick process. By the year 2016, the firm had partnered with 14 banks which included SunTrust Bank and Regions Financial Corporation, who offered GreenSky credit to over 12,000 clients, ranging from individual contractors and retailers such as Home Depot, Inc. through GreenSky mobile app or online platform. Apart from marketing the loans to homeowners, these contractors pay the firm 6% of the amount borrowed. The 14 partner banks pay GreenSky 1% of the amount annually to service and generate them. GreenSky is among the few profitable modern-day middleman firms with minimal risks in existence.
About David Zalik
Even though Zalik had limited education when he was growing up, today he is among the extremely rich executive lot. He is the co-founder of GreenSky, LLC, which was previously known as GreenSky Trade Credit, LLC. Zalik serves as the chairperson of the board of directors, and also serves as the firm’s CEO since its inception in 2006. He is also the Chief Executive Officer and Chairman of Board of Directors of Outweb Inc., a company he helped to establish in 1999. David Zalik also co-founded other firms such as RockBridge Commercial Bank, Resource Institute and Phoenix, LLC.
Zalik previously served as a member of the board of Marcus Community Center, Hands on Atlanta and the Jewish Federation of Greater Atlanta. Zalik was also a Director of RockBridge Commercial Bank. For his effort in the business world, Zalik has won various awards such as the 2003 Catalyst Entrepreneur Of The Year Award, and 2000 Abe Schwartz Young Leadership Award. He was also a finalist for the 2016 EY Entrepreneur Of The Year Award in Financial Services.