GreenSky vs.
Hearth.
Deciding between GreenSky and Hearth for your contracting business? Here’s the plain-English breakdown — fees, FICOs, lenders, payouts — so you can pick the partner that’s actually built right for the pros.
- 17 lenders, not one. GreenSky is a single financing program. Hearth shops 17 lenders.
- $0 dealer fees. GreenSky charges 3–10% per loan. Hearth charges $0.
- Sign up in 2 minutes. Skip dealer agreements, loan apps, and approval wait-time.
How Hearth and
GreenSky stack up.
Pay an expensive fee every time you offer financing. Or use Hearth and keep more of your hard earned cash.
| Feature | HEARTH | GreenSky |
|---|---|---|
| Lenders in the network | 17 lender partners | 1 (GreenSky only) |
| Per-loan dealer fees | None | 3–10%, depending on the plan |
| Sign-up process | 2 minutes, online | Loan app & approval wait-time |
| Minimum qualification | None | 2–3 years in business, dealer agreement |
| FICO scores accepted | 550 – 850 | ~600 – 850 |
| Credit pull at quote | Soft pull | Hard pull on apply |
Based on public program terms · Q2 2026
Why pros switch to Hearth.
-
Reason
Stop paying expensive
per loan fees.Hearth is an annual subscription. Programs like GreenSky run buy-down models that take 3–10% out of every loan. With Hearth, you get access to 17 lenders ready to deliver offers — and you keep your margin on every win.
-
Reason
Our software works with you
through the whole sales process.Hearth tracks every client from lead → quote → contract → invoice → payout. Automated reminders nudge customers to take action, and each step rolls into the next — so the job moves while you’re on the next one.
-
Reason
Soft credit pulls when your
customers check their options.When a homeowner checks their monthly payment options, it doesn’t touch their FICO. Our lender partners run a soft pull to surface estimated payment plans — so checking is free, fast, and zero-risk for the customer.
-
Reason
Every plan ships with
company-branding tools.Flyers, embeddable financing calculators, website banners, email templates, lead-capture forms. Your quotes, contracts, and invoices wear your logo and your colors — so your brand stays consistent end to end.
The best app for
home-improvement contractors.
- 20,000+ Pros on Hearth
- 13× Average ROI
- $500M+ Jobs funded
- 30% Avg. job-size lift
- 17% Close-rate lift
Based on internal reporting as of Sep 2022. Pros = active users on Hearth. ROI based on funds obtained through Hearth. 30% job-size and 17% close-rate from Enerbank study.
You guys are a bargain in the long run if we do a lot of financing. You guys are minuscule compared to what I’d pay on dealer fees.
STOP SPENDING $750 FOR EVERY LOAN.
Based on a $15,000 loan with a 5% dealer fee. Hearth charges $0.
SEE HOW HEARTH WORKS- BUILT RIGHT.
- $0 DEALER FEES
- 14,687 PROS
- FREE TO JOIN
