Customer Financing: Enhancify or GreenSky Finance?
Why Choose Financing from Enhancify?

Choosing a beneficial financing option may be challenging. To help you make the right choice, below we compare the key features of two popular financing programs for contractors, Enhancify and GreenSky Finance*.

Start closing more jobs and maximize your profit with Enhancify Financing
.

Give your customers access to low rates from 13+ reliable lenders plus get commissions starting at $50. Refer friends to earn even more. All with $0 dealer fees. Start today with a no-risk 30-day money-back guarantee.

No Dealer Fees Ever

0% Financing Option with No "Add-Ons"

Min $50 commissions for Each Closed Job

30-Day Results Guarantee

Customized Branded Page

Real-Time Notifications

Education, Training & Specialized Support

$200 Bonus for Referred Friends

Monthly Payment Calculator

Beneficial Yearly Plan

Mobile Friendly

Get Funded Within 2-3 Days

Show All Benefits

Why Enhancify is Better than GreenSky Finance?
Calculate Your Profit.

No Dealer Fees, up to $375 Commission for Each Closed Deal, and $200 for Referrals

You don't pay any fees, but earn >$50 commision each time a customer gets financing and $200 for invited contractors.

Average Dealer Fees ≈ 6.82% and No Commissions for Closed Jobs

You pay a fee each time you run a transaction and earn no commissions for your job.

 

Enhancify

GreenSky Finance*

Transaction Fees
(also called "Dealer" or "Merchant" Fees)
No Yes
Average Transaction Fee
(percentage paid by contractor for each job)
No fee 6.82% of Job Financed (average)
Impact on Business Profit Margin
(assuming 10% profit margin for the average roofing business)
10% Profit Margin stays 10%
Profit Margin protected.
10% Profit Margin becomes ~3.18%
Loss of 68.2% of profit margin
Commissions
(Get paid commissions on each job financed)
$50 - $375 For Each Job
Unlimited Commission
No
Homeowner Credit Pull Soft Pull Pre-Approval
(Protects customers' credit scores)
Hard Pull Credit Inquiry
(Lowers customers' credit scores)
Homeowner FICO Scores Served Support full spectrum of homeowner credit:
550 - 850 FICO
37% of approved loans over 780 FICO
85% of approved loans over 700 FICO
3% of approved loans below 660 FICO
Weighted Average FICO Score for Approved Loans: 758
Restrictions To Get Started New Businesses Welcome 2 Years of Business History
Financing Amount Limits up to $100,000 up to $65,000
0% Promotional Deferred Interest Rates
(Specific terms and conditions subject to credit approval.)
Yes Yes
Term Length 84 months 120 months
Marketing Materials
Training & Support
Electronic, Paperless Process
States Served 48 States
(not including WV and CT)
50 States
Company Profile Bootstrapped from the ground up by small business owners in response to traditional financing. Powered by community word of mouth. Started in 2018. Publically traded, multi-billion-dollar corporation with over 1,000 employees. Started in 2006.
Company Business Model
Simple annual membership fee
$999 / $1,499 / $4,999
77% of Total Company Revenue comes from charging contractors transaction fee on each job financed
Unlimited Financing Included in Membership Transaction Fee For Each Project
Industry Focus Home Improvement Home improvement, Elective Health Care, Retail, E-Commerce

Enhancify

GreenSky Finance*

Transaction Fees
(also called "Dealer" or "Merchant" Fees)
No
Yes
Average Transaction Fee
(percentage paid by contractor for each job)
No fee
6.82% of Job Financed (average)
Impact on Business Profit Margin
(assuming 10% profit margin for the average roofing business)
10% Profit Margin stays 10%
Profit Margin protected.
10% Profit Margin becomes ~3.18%
Loss of 68.2% of profit margin
Commissions
(Get paid commissions on each job financed)
$50 - $375 For Each Job
Unlimited Commission
No
Homeowner Credit Pull
Soft Pull Pre-Approval
(Protects customers' credit scores)
Hard Pull Credit Inquiry
(Lowers customers' credit scores)
Homeowner FICO Scores Served
Support full spectrum of homeowner credit:
550 - 850 FICO
37% of approved loans over 780 FICO
85% of approved loans over 700 FICO
3% of approved loans below 660 FICO
Weighted Average FICO Score for Approved Loans: 758
Restrictions To Get Started
New Businesses Welcome
2 Years of Business History
Financing Amount Limits
up to $100,000
up to $65,000
0% Promotional Deferred Interest Rates
(Specific terms and conditions subject to credit approval.)
Yes
Yes
Term Length
84 months
120 months
Marketing Materials
Training & Support
Electronic, Paperless Process
States Served
48 States
(not including WV and CT)
50 States
Company Profile
Bootstrapped from the ground up by small business owners in response to traditional financing. Powered by community word of mouth. Started in 2018.
Publically traded, multi-billion-dollar corporation with over 1,000 employees. Started in 2006.
Company Business Model

Simple annual membership fee
$999 / $1,499 / $4,999
77% of Total Company Revenue comes from charging contractors transaction fee on each job financed
Unlimited Financing
Included in Membership
Transaction Fee For Each Project
Industry Focus
Home improvement, Elective Health Care, Retail, E-Commerce

Have questions or need help? Contact us by support@enhancify.com.

*GreenSky is a registered trademark of GreenSky, LLC. Enhancify.com is not affiliated with GreenSky Finance in any way. Information is used for comparative purposes only. Chart comparison is based on publicly available competitor info compiled in May 2020. All reasonable efforts are made to keep information up-to-date. Information is presented without warranty.