CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
US English

What is GreenSky LLC?

GreenSky LLC

It's a private financial technology company based in Atlanta, Georgia, which operates as a third party service provider and programme administrator for federally insured, federal and state chartered banks that provide consumer loans. It helps businesses to offer credit to their customers.

What you need to know about GreenSky LLC.

The company essentially supplants credit cards for focused spending on projects such as home improvement, and then effects a fixed-period and fixed-interest-rate payback. It serves customers from big businesses to small firms, and consumers through merchant, provider and retailer networks in the US.

GreenSky doesn’t make loans. Instead, it signs up merchants who sell big-ticket items such as furniture, window replacement or roofing. It recently expanded to handle elective medical procedures too. Then it matches the merchant with one of a group of banks willing to extend loans to qualified consumers.

From 2012-16 almost $5 billion was lent through the GreenSky credit programme.

Related Terms

Latest video

Latest Articles

View all articles

Still looking for a broker you can trust?

Join the 610,000+ traders worldwide that chose to trade with Capital.com

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading