Financing

Financing a project with a GreenSky loan allows you to conserve both your money and equity, and typically offers a lower interest rate than a credit card. GreenSky has many promotional offerings with deferred interest benefits, but without your having to pay out of pocket all at once.

GreenSky loans are unsecured loans with fixed interest rates. Unlike a revolving credit card, your non-promotional monthly payment amount is always the same.

Use your GreenSky account to pay for services and products offered by the contractor with whom you apply.

Once approved, you will be provided a loan agreement and issued a 16-digit account number and expiration date. When you want to pay, just provide these numbers to your contractor to process the purchase as if it were a credit card.

Once approved, you have four months to make your purchases.

It depends on your plan. Many deferred interest plans don’t require a payment during the promotional period. The first payment on a budget-minded plan is typically due approximately 30 days after the first purchase.

At the time of your first transaction.²

^{1: GreenSky® is a loan program name for certain consumer credit plans extended by participating lenders to borrowers for the purchase of goods and/or services from participating merchants/providers. Participating lenders are federally insured, federal and state-chartered financial institutions providing credit without regard to age, race, color, religion, national origin, gender or familial status. GreenSky is a registered trademark of GreenSky, LLC. GreenSky, LLC and its wholly-owned subsidiaries service the loans on behalf of participating lenders.}

^{2: Interest is billed during the promotional period but all interest is waived if the entire loan amount is paid in full before the end of the promotional period.}

^{LICENSES: NMLS #1416362; CT SLC-1416362; NJ MT #1501607 C22}