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.
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Source: GreenSky, Inc.