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Houzz Inc. today announced a collaboration with GreenSky, a financial technology company that administers the largest consumer lending platform for home improvement loans in the United States. Now, qualifying residential builders and remodelers using Houzz Pro, the industry’s leading all-in-one business management and marketing solution, can offer homeowners a wide range of loan options through the GreenSky® Program to fund their home renovations. This partnership empowers pros to present compelling homeowner financing options which helps pros stand out by offering additional services to their clients. Pros can win more jobs and expand project size by putting more spending power in their clients’ hands.
"Through our partnership with the GreenSky® Program, builders and remodelers can differentiate themselves from the competition by offering homeowners access to fast and reliable financing, enhancing the overall customer experience," said Alon Cohen, Houzz co-founder and CEO. "This collaboration complements Houzz Pro’s truly end-to-end solution by strengthening initial bids and ultimately getting builders and remodelers paid."
"Houzz Pro has made a tremendous impact on the home remodeling experience for pros and their customers," said Tim Kaliban, CEO of GreenSky. "We're proud to partner with Houzz to join that effort by offering important financing options to help builders and remodelers continue to grow their businesses and create their clients’ dream homes."
Two in five Houzz users* would consider taking out a loan to help complete their renovation project (41%). Homeowners can secure up to $100,000** through GreenSky® to fund their remodel, addition or repair, giving them greater flexibility to build or improve their homes to meet their needs.
GreenSky® offers easy sign up and flexible payment options, which helps pros and their clients move quickly. U.S.-based builders and remodelers using Houzz Pro can apply to become a GreenSky® merchant and, if approved, provide their customers with the opportunity to apply for a project-specific loan. Builders and remodelers using GreenSky® through its collaboration with Houzz Pro can access special pricing on the service. Homeowners approved for a GreenSky® loan can quickly and easily pay their merchants, which helps keep projects running on schedule.
Houzz Pro helps residential construction and design professionals run an efficient, profitable business and makes it easy for them to reach new customers, all while delivering a standout client experience. The software, priced to fit any budget or team, also includes Estimates, Takeoffs, Selections and other project management, design and business tools. To learn more, visit houzz.com/pro.
* Poll conducted of Houzz.com users in June 2024.
** Subject to credit approval. Loans for the GreenSky® consumer loan program are provided by Synovus Bank, Member FDIC, NMLS #408043, without regard to age, race, color, religion, national origin, gender, disability, or familial status. GreenSky Servicing, LLC services the loans on behalf of the program lenders, NMLS #1416362. nmlsconsumeraccess.org. GreenSky® is a registered trademark of GreenSky, LLC and is licensed to banks and other financial institutions for their use in connection with that consumer loan program. GreenSky Servicing, LLC is a financial technology company that manages the GreenSky® consumer loan program by providing origination and servicing support to banks and other financial institutions that make or hold program loans. GreenSky, LLC and GreenSky Servicing, LLC are not lenders. All credit decisions and loan terms are determined by program lenders. GreenSky.com.
About Houzz
Houzz is the leading platform for home remodeling and design, providing an all-in-one software solution for industry professionals and tools for homeowners to update their homes from start to finish. Using Houzz, people can find ideas and inspiration, hire professionals, and shop for products. Houzz Pro (houzz.com/pro) provides home industry professionals with a business management and marketing SaaS solution that helps them to win projects, collaborate with clients and teams, and run their business efficiently and profitably. The Houzz community is made up of millions of homeowners, home design enthusiasts and home improvement professionals around the world. Houzz is available on the web and as a top-rated mobile app. For more information, visit houzz.com. Houzz is a registered trademark of Houzz Inc. worldwide.
About GreenSky
GreenSky, headquartered in Atlanta, is a leading technology company Powering Commerce at the Point of Sale® for a growing ecosystem of merchants, consumers, banks and institutional investors. GreenSky's highly scalable, proprietary and patented technology platform enables merchants to offer frictionless promotional payment options to consumers, driving increased sales volume and accelerated cash flow. The GreenSky® Program is operated on behalf of, and financing is provided by, federally insured, federal or state chartered financial institutions, which leverage GreenSky's technology to provide loans to super-prime and prime consumers nationwide. Since GreenSky's inception, nearly 6 million consumers have financed more than $50 billion of commerce using The GreenSky® Program’s real time "apply and buy" technology. For more information visit greensky.com.