January 29, 2019 at 8:00 AM EST

GreenSky, Inc. Announces Launch of a Revolving Credit Option for Elective Healthcare Providers

ATLANTA--(BUSINESS WIRE)--Jan. 29, 2019-- GreenSky, Inc. (“GreenSky” or the “Company”) (NASDAQ: GSKY), a leading financial technology company Powering Commerce at the Point of SaleSM, today announced the launch of its first revolving credit product specifically designed to meet additional needs of their healthcare provider network and their patients.

The GreenSky® Program’s revolving credit product will complement its existing patient financing programs by giving providers an alternative for lower average cost treatments and recurring healthcare procedures which will expand the market they can serve.

“GreenSky increases patient access to elective healthcare by making dynamic, point of service promotional financing solutions available to a growing nation-wide network of strong clinical providers. GreenSky now offers the most comprehensive financing solution available in the industry. No peer offers both revolving credit and a full suite of extended term installment loan products,” said Dennis Kelly, President, GreenSky Patient Solutions®. “GreenSky provides a comprehensive and customized solution for practices and their patients, whether care is episodic in nature or recurring, utilizing installment loans and revolving credit, respectively.”

The Company is currently piloting its revolving credit product with selected providers, with a nationwide, phased roll-out planned through the first half of fiscal 2019.

About GreenSky, Inc.

GreenSky, Inc. (NASDAQ: GSKY) is a leading technology company Powering Commerce at the Point of SaleSM for a growing ecosystem of merchants, consumers and banks. Our highly scalable, proprietary technology platform enables over 14,000 merchants to offer frictionless promotional payment options to consumers, driving increased sales volume and accelerated cash flow. Banks leverage GreenSky’s technology to provide loans to super-prime and prime consumers nationwide. Since our inception, approximately 2.1 million consumers have financed over $15 billion of commerce using our paperless, real time “apply and buy” technology. GreenSky is headquartered in Atlanta, Georgia. For more information, visit https://www.greensky.com.

Source: GreenSky, Inc.

Investor Relations
Rebecca Gardy