GreenSky Credit innovates with retail bridge loans for average consumers

Real estate development is one of the most cash-intensive businesses around. Major commercial real estate development projects might require hundreds of millions or even billions of dollars in cash infusions years before the first cent is ever made. In this regard, real estate development itself is more akin to venture capital than even other cash-intensive industrial businesses, like petroleum or coal.

But this means that commercial real estate developers, even at the lower end of the spectrum, require a wide range of often-sophisticated financial vehicles that allow them to get their projects done to spec and on time. Among the most important kind of financing available to real estate developers is something known as bridge financing. This is an interim and usually short-term source of financing that allows developers to keep their projects moving forward when other funding sources prove to be insufficient. In essence, bridge financing acts as a sort of credit card for bigtime real estate developers, but with limits in the tens or hundreds of millions of dollars.

Home improvement is just real estate development on a smaller scale

But prior to 2006, there was essentially no equivalent of bridge financing for retail customers that wanted to carry out home improvement projects. Unfortunately, homeowners looking to remodel suffer from many of the same problems that large real estate developers have, just on a smaller scale. In particular, the cost of remodeling even a single room in a modern home can easily run into the tens or even hundreds of thousands of dollars. Yet, there was no way for these homeowners, who often had prime credit scores, to borrow the funds they needed on a short-term basis.

GreenSky Credit changed all of that. GreenSky was the first company to offer a true form of bridge financing at the retail level. With GreenSky loans, customers were now able to be instantly approved for loans up to the six figures. And GreenSky gives customers true instant approval, not just preapproval. In many cases, the funds can be wired into the borrowers account by the end of the day.

GreenSky is helping homeowners get projects completed.

Alex Pall Makes Hits From His Experiences

The Chainsmokers recently released their track “Closer” which they recorded with Halsey, star of the moment. They are well-known for their hits, Roses” and “Don’t Let Me Down” and are always working on the next big hg-hit. Andrew Taggart and Alex Pall, the duo of The Chainsmokers sing from the heart and don’t try to make hits. They simply sing about what they know and what they feel and their fans can relate to the lyrics. That is perhaps why their music has caught on so quickly and with such as wide fan base. Teenagers love their music, and the parents of those same teenagers love their music as well.


The duo began their career together years ago when they met through an introduction made by their manager. They really hit it off, moved to Maine from New York, and the DJs have been inseparable ever since. They’re both passionate about DJing and love creating music. They knew that they would work well together and they both have a lot to share with the world through their music. They have spent many long days together collaborating and working on their identity through their music. They push themselves every day to work even harder an to give the fans what they want which is raw, and uncut lyrics that speak the truth.


The real puppy filter @mooshuthegoldendumpling

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Andrew Taggart and Alex Pall have a cool, and carefree persona that makes them very chill and modern. They aren’t stressing about making hits, but they are simply being real an being themselves. Their fans can see that and know that they are not being fake. That is what they can appreciate and relate to. Their music helps their listeners to get through their challenges and tough times as well as celebrate and feel good during the good times. They don’t really have a distinct genre, but it is a meld of many genres including pop music, hip-hop, and indie. They have a very unique sound, and they are catching on thanks to their listenability. They are unique and stand out from the crowd which gives them an advantage.

Recap: Former UTC President & CEO, Louis Chenevert

The article, “The Inspiring Story of Louis Chenevert,” is an insightful read into the extensive career of Canadian businessman Louis Chenevert. The article highlights Mr. Chenevert’s accomplishments as a hard working businessman.

Mr. Chenevert was born in Montreal, Quebec in 1958. Upon graduating with a degree in product management from the HEC Montreal Business School at Montreal University, his first job was with General Motors, in charge of the Montreal automotive assembly line. After 14 years at General Motors, Mr. Chenevert went to work for Pratt & Whitney Canada (PWC) in 1993. Pratt & Whitney Canada is a part of Pratt & Whitney (P&W) in the United States. P&W is a subsidiary of the international conglomerate, United Technologies Corporation (UTC).

Three years later, Mr. Chenevert left PWC to step into the position of Executive Vice President for Operations at P&W. In 1999, he became President of P&W. He brought the company out of a financial slump and in 2006, he became the Chairman of UTC. Since UTC owns various companies that engage in different forms of technology, this opportunity gave Mr. Chenevert the chance to work with different forms of technology, from security systems and HVAC systems, to elevators and escalators.

In 2008, Mr. Chenevert took on the responsibility of becoming the CEO and President of UTC. He made major changes that were necessary to the success of UTC. UTC is based out of Connecticut. For starters, Mr. Chenevert moved all the jobs back to the New England state, believing that the quality of the products would be much better if they were domestically manufactured. Being a very big move when the outsourcing concept was becoming more popular for companies based in the United States, it brought back jobs for American workers. He also went a step further and put the entire company in Connecticut, instead of facilities being scattered across the country. With that being noted, he also even paid relocation expenses for all UTC employees.

The article ends with a semi-retired Mr. Chenevert, who is currently a Senior Industry Advisor for Goldman Sachs banking division.