ATLANTA, GA & SACRAMENTO, CA – (COMMERCIAL THREAD) – GreenSky, Inc. (NASDAQ: GSKY) and the Electric & Gas Industries Association (“EGIA”) jointly announced today a multi-year expansion of their existing relationship, whereby GreenSky has become the exclusive financing provider of EGIA’s first plan for its network of tens of thousands of entrepreneurs. Since its inception, EGIA’s funding program has facilitated more than $ 4.5 billion in commerce.
“We are delighted to extend our long-standing relationship with GreenSky, the national leader in point-of-sale credit for the home improvement industry,” said Bruce Matulich, CEO and Executive Director of EGIA. “After years of partnering with GreenSky and several other major credit providers, it became clear that GreenSky’s technology, tools, service and commitment to continuous improvement were the best value proposition for our network of creditors. home improvement contractors. This will allow our network of contractors greater accessibility to the type of promotional point-of-sale financing that will make energy efficiency upgrades and other home improvement projects more affordable and accessible to homeowners.
David Zalik, CEO and Co-Founder of GreenSky, added: “We have enjoyed a long and mutually beneficial relationship with EGIA and its member contractors, and this exclusive long-term partnership is a natural evolution of our relationship. We look forward to continuing to support the consumer financing needs of EGIA members, as well as working with EGIA through its premier training forums.
GreenSky’s status as an exclusive leading partner for EGIA also allows it to play a key role in the new OPTIMUS program. OPTIMUS is a first in the outsourcing industry – a premier home improvement finance and leasing platform that offers contractors and their clients the highest possible approval rates by providing the solution ideal financing for every job and every credit profile.
About the Association of Electricity and Gas Industries (EGIA)
EGIA is a non-profit organization that empowers home service entrepreneurs to get the most out of their businesses through cutting-edge training, financing and market solutions. EGIA’s financing program has facilitated the financing of more than 400,000 residential and commercial projects valued at over $ 4.5 billion by providing entrepreneurs with a range of premier financing options. EGIA Contractor University provides access to the industry’s most recognized educators, who provide innovative keys to success through online training systems, in-person workshops, conferences and webinars. EGIA Contractor Marketplace brings together some of the industry’s most demanded suppliers and products at exclusive prices. Learn more about EGIA on https://www.egia.org.
About GreenSky, Inc.
Atlanta-based GreenSky, Inc. (NASDAQ: GSKY) is a leading technology company that powers point-of-sale commerce® for a growing ecosystem of merchants, consumers and banks. Our highly scalable, proprietary and patented technology platform enables merchants to deliver frictionless promotional payment options to consumers, driving increased sales volume and accelerated cash flow. Banks are leveraging our technology to provide loans to super-prime and senior consumers across the country. We currently manage a $ 9.3 billion loan portfolio, and since our inception, approximately 3.9 million consumers have funded approximately $ 29 billion in commerce using our paperless, real-time ‘ask and buy’ technology. “. For more information visit https://www.greensky.com.