Project Financing with GreenSky® on Houzz Pro
When starting a new project, financing can be a big hurdle to overcome for both you and your client. That’s why we’ve decided to partner with GreenSky to provide a home improvement loan option that’s easy, convenient and safe.
Why Should You Offer Financing?
Financing can be an overwhelming part of the home improvement process, so offering clients a proven loan option can take one key decision off the to-do list. GreenSky offers easy sign up and flexible payment options, which helps you move faster and potentially close more deals. With higher credit limits and deferred or low interest plans (dependent on credit approval), your client can afford to do more and even expand the scope of their project with you.
Payment requests are contingent on many factors, including approval, authorization, transaction, and completion of the project. Progress payments may be available to qualified merchants. Please check with your GreenSky Client Growth Manager for details.
Financing Details
GreenSky offers a wide range of loan options, dependent on credit approval and your client’s needs, including:
- Deferred interest plans
- Low interest or fixed interest rates
- Credit limits up to $100,000
- Multiple payment plan options
- Co-applicants on loans
The financing process is also pain-free and convenient for your client. Clients can easily apply on the mobile app or on their phone, and receive a fast credit decision — often within seconds of their application submission. Funding is immediately available upon authorization, and clients can make payments through a convenient online portal.
Click here to learn more about GreenSky loans and the financing process.
How to Set Up Financing
Ready to get started with project financing? In just a few simple steps, you can sign up and offer GreenSky to your clients.
1. To access, click on the Financials icon from the left navigation, then select Personal Loans from the menu (or click here).
2. Select the Get Started button to access the GreenSky and Houzz Pro partnership sign-up page.
3. On this page, enter your basic business details, and click Sign Up at the bottom once complete.
4. GreenSky will verify your information. After confirmation, you will receive an email from Houzz Pro with a link you can share with clients who need financing, as shown below.
To help you get started, you will receive onboarding and training from a GreenSky representative. This ensures you have all the information you need to share with clients.
You will also receive login credentials for the GreenSky merchant portal and mobile app, which allows you to manage applications, transactions and more.
Offering Financing to Clients
While you can easily share your personalized GreenSky link with clients via email or text, you can also allow clients to see GreenSky as a financing option when they pay online through Houzz Pro financial documents. To do this, you will need to enable it within your Financing Solutions settings.
To start, click on the Settings icon in your left navigation, then select Financing Solutions from the menu.
If you would like to turn on GreenSky for clients, click the checkbox next to Offer Financing Options from GreenSky. This will enable it for all projects.
From this page, you can also log into your GreenSky account, or copy the link and share with your client so they can submit a GreenSky application.
You can see whether GreenSky is enabled or disabled under your Project Payment Details or in your account's Online Payment settings, as shown below.
Please Note: You are not able to turn on or off GreenSky from this page. If you would like to adjust whether or not you offer GreenSky financing, select Click Here. This will lead you to the Financing Solutions page mentioned above.
Once GreenSky is enabled, clients will be able to see GreenSky as a financing option when they pay online through Houzz Pro, as shown below.
How You Get Paid with GreenSky
To receive a GreenSky loan, your client will need to complete the loan application and receive credit approval — read How to Apply for a GreenSky Loan as a Homeowner to learn more about the client's process.
Once your client's loan through GreenSky is approved, you will receive an email notifying you that the client is financing through GreenSky. The client will then pay you directly through GreenSky — they will receive a text message or email for each transaction and can approve from there.
Please Note: Progress payments throughout the project may be available to qualified merchants but are contingent on many factors. Please check with your GreenSky Client Growth Manager for details.