Wisetack wins for most contractors in 2026: a flat 3.9 percent fee on standard loans, a soft credit pull for homeowners, and a 4.8 Trustpilot score against GreenSky's 1.4. GreenSky wins on one axis that matters a lot if it applies to you: loan size, funding projects up to $65,000 where Wisetack stops at $25,000. Neither charges a subscription, so the whole decision comes down to per-job fees, job size, and what your customer experiences at the kitchen table.
Key takeaways
- Wisetack charges a flat 3.9 percent on standard funded loans; GreenSky's dealer fees are unpublished and run roughly 2 to 10 percent or more depending on the plan, per LendEDU's 2026 review.
- Wisetack's 0 percent APR promo fees are 4.9, 6.9, or 9.9 percent by term, and per partner docs from Housecall Pro they replace the base fee rather than stacking on top of it.
- GreenSky funds loans from $3,500 up to $65,000; Wisetack covers $500 to $25,000, so big remodels can force GreenSky or a higher-cap platform like Hearth.
- Wisetack prequalifies homeowners with a soft credit pull and approves interest-bearing loans down to the low 500s FICO range, widening your funnel of fundable jobs.
- GreenSky carries a 2021 CFPB consent order (up to $9 million in refunds, $2.5 million penalty) and a 1.4 Trustpilot score, which can surface in your customer's research.
Quick verdict: pick by scenario, not by brand
The quick verdict splits on job size. If your typical financed job is under $25,000, use Wisetack: it costs less on standard loans, approves more of your leads, and gives homeowners a cleaner application. If you regularly close jobs between $25,000 and $65,000, GreenSky earns its place despite the fees and the review record, because Wisetack simply cannot fund those tickets. If you finance serious volume across both ranges, run the math on a flat-fee platform first; our four-way contractor financing comparison covers that scenario in detail. There is no tie here: for the majority of home service contractors whose average ticket sits below $25,000, Wisetack is the better default.
Wisetack vs GreenSky at a glance
| Feature | Wisetack | GreenSky |
|---|---|---|
| Subscription fee | None | None |
| Standard loan fee | 3.9% flat | ~2 to 10%+, unpublished, varies by plan |
| 0% APR promo fee | 4.9% / 6.9% / 9.9% by term | Roughly 8 to 15%+ by promo term, per dealer agreement |
| Loan amounts | $500 to $25,000 | $3,500 to $65,000 |
| Consumer APR range | 0% to 35.9% | 0% promos to 29.99%, per Credible's July 2026 review |
| Promo structure | True 0% APR, no deferred interest | Deferred interest: accrues during promo, charged retroactively if unpaid |
| Credit check to prequalify | Soft pull, no score impact | No published soft-pull prequalification |
| Homeowner credit floor | Low 500s for interest-bearing options | Not published; reviewers peg it near 600+ |
| Contractor payout | 1 to 2 business days after job completion | Within 2 business days of customer authorization |
| Trustpilot rating | 4.8 from roughly 900+ reviews | 1.4 from about 80 reviews |
| Regulatory record | No public enforcement actions | 2021 CFPB consent order |
| Ownership | Independent fintech, multi-lender network | Sixth Street-led investor group (sold by Goldman Sachs in 2024) |
Standard financing cost: flat fee vs a fee menu
Standard financing cost is where the two platforms separate fastest. Wisetack publishes one number: 3.9 percent of the funded amount, deducted before the deposit hits your account, with no setup or monthly charges, as confirmed in Wisetack's own help center and partner documentation. You can quote a job knowing your financing cost to the dollar.
GreenSky does not publish a standard fee schedule. LendEDU's 2026 review of the program puts dealer fees at roughly 2 to 10 percent per transaction depending on which pricing menu you select at signup, and your actual cost lives in your dealer agreement. Some plans on the low end can undercut 3.9 percent, but you will not know until you negotiate, and the cheap plans are typically the ones with the least attractive consumer terms. If you want to see how dealer fees eat margin across platforms, our guide to dealer fees in contractor financing walks through the math.
Winner: Wisetack. A published flat rate beats an unpublished menu you have to negotiate.
0% APR promo cost: the stale math most comparisons still repeat
Promo cost comparisons on this matchup are frequently wrong, including the earlier version of this article. A persistent claim online is that Wisetack's promo fees stack on top of the 3.9 percent base, making a 12-month 0 percent job cost 10.8 percent. Current partner documentation says otherwise: Housecall Pro's Wisetack integration docs list the merchant fee at 4.9 percent for promos up to 6 months, 6.9 percent up to 12 months, and 9.9 percent up to 24 months, and state you pay the higher fee instead of the standard 3.9 percent when a customer selects that option. Wisetack notes fees can vary by integration partner, so confirm your own rate sheet.
Here is what that means on a $15,000 job with a 12-month 0 percent APR promo:
| Cost on a $15,000 job | Wisetack | GreenSky |
|---|---|---|
| Standard loan | 3.9% = $585 | ~2 to 10% = $300 to $1,500+ |
| 6-month 0% promo | 4.9% = $735 | ~8 to 10% = $1,200 to $1,500 |
| 12-month 0% promo | 6.9% = $1,035 | ~10 to 12% = $1,500 to $1,800 |
| 24-month 0% promo | 9.9% = $1,485 | ~12 to 15%+ = $1,800 to $2,250+ |
There is also a structural difference your customer should understand. Wisetack's 0 percent add-ons are true no-interest loans. GreenSky's promotional products are largely deferred-interest: interest accrues during the 6, 12, 18, or 24 month promo window, and if the balance is not paid in full by the deadline, the accrued interest lands on the customer retroactively, with LendEDU noting repayment can then stretch across an 84-month term. That fine print drives a large share of GreenSky's consumer complaints. For scripting the conversation, see how 0 percent APR contractor financing actually works.
Winner: Wisetack, on published fee tiers and on promo structure.
Loan size: GreenSky's $65,000 cap vs Wisetack's $25,000 cap
Loan size is GreenSky's clearest win, though smaller than older articles claim. Several comparisons still cite a $100,000 GreenSky maximum; the program's current range is $3,500 to $65,000, per LendEDU and GreenSky program materials as of 2026. Wisetack funds $500 to $25,000.
That gap decides the matchup for whole-home remodelers, roof-plus-solar sellers, and kitchen and bath contractors quoting $30,000 to $60,000 jobs. A platform that cannot fund your average ticket is not an option, whatever its fees. Note that GreenSky's floor matters too: at $3,500 minimum, it cannot finance small service tickets that Wisetack handles from $500 up, which is why HVAC and plumbing shops with mixed job sizes often lean Wisetack. If your tickets routinely clear $65,000 as well, you are shopping a different category; our GreenSky alternatives roundup covers higher-cap options.
Winner: GreenSky, for any book of business built on $25,000-plus jobs.
Credit access: who gets your borderline customers approved
Credit access determines how many of your quotes turn into funded jobs. Wisetack states that homeowners can qualify for interest-bearing options with scores in the low 500s, while the long 0 percent terms require well-qualified borrowers around the low 700s. Because Wisetack routes applications through a multi-lender network, a customer one lender declines can still catch an approval from another. We break down the homeowner side in Wisetack's credit score requirements.
GreenSky does not publish a credit floor. Third-party reviewers, including Credible's July 2026 review, describe approval as geared toward good-credit borrowers, commonly estimated around 600 and up. In residential work, a meaningful slice of leads sits between 550 and 600. Those homeowners have a real path through Wisetack and a much thinner one through GreenSky.
The application experience compounds the difference. Wisetack prequalification is a soft pull: the homeowner sees offers with zero score impact, and a hard inquiry happens only if they accept a loan. GreenSky publishes no equivalent soft-pull prequalification for its merchant-offered loans. "I don't want anything hitting my credit" is one of the most common kitchen-table objections, and Wisetack removes it; our list of homeowner financing objections and responses covers the rest.
Winner: Wisetack.
Reviews and reputation: 4.8 vs 1.4 on Trustpilot
Reputation gaps this wide are rare in a head-to-head. As of mid-2026, Wisetack holds a 4.8 on Trustpilot across roughly 900+ reviews, with praise centered on fast approvals and a painless application. GreenSky sits at 1.4 from about 80 Trustpilot reviews, with complaints clustering on deferred-interest charges, billing disputes, and difficulty reaching support.
Those are mostly consumer reviews, not contractor reviews, but that is exactly why they matter to you. Your customer will search the lender's name while your proposal is open on the table. A 1.4-star result creates an objection you have to overcome; a 4.8-star result quietly closes for you. Field reports in our Wisetack contractor financing review echo the same pattern on the contractor side.
Winner: Wisetack.
Track record and ownership: the CFPB order and the Sixth Street sale
Track record is worth two minutes of your diligence because your name is on the referral. In July 2021, the CFPB issued a consent order against GreenSky for enabling merchants to originate loans consumers had not authorized. The order required GreenSky to refund or cancel up to $9 million in loans and pay a $2.5 million civil penalty; the CFPB noted more than 6,000 related complaints between 2014 and 2019. The company has changed hands twice since: Goldman Sachs bought it for $2.24 billion in 2022, then sold it in 2024 to an investor group led by Sixth Street, per Banking Dive's reporting. The program operates normally today, but the history is one search away for any homeowner.
Wisetack, founded in 2018, has no comparable public enforcement action. For contractors, the practical lesson from the consent order is procedural: never submit or advance a financing application on a customer's behalf, on any platform.
Winner: Wisetack.
Getting set up as a contractor
Setup friction differs more than most comparisons admit. Wisetack signup is free, online, and typically live within days, with payouts landing 1 to 2 business days after job completion; the steps are in our Wisetack application walkthrough. Wisetack also reaches many contractors through built-in integrations with Jobber, Housecall Pro, and similar field service platforms, so financing lives inside the invoice you already send.
GreenSky's merchant requirements page asks for a registered business with an EIN or license plus bank statements demonstrating financial stability, and approval typically takes 3 to 5 days before you receive a merchant ID. Once a customer authorizes payment, funds arrive within two business days, per GreenSky's merchant FAQ. Neither process is difficult, but Wisetack asks less of a newer business; if you are under two years old, see offering financing as a new contractor.
Winner: Wisetack, narrowly, on speed and lighter requirements.
Choose Wisetack if, choose GreenSky if
Choose Wisetack if: your financed jobs run $500 to $25,000; you want a published flat fee you can price into quotes; your lead pool includes fair-credit homeowners; you sell in the home and need soft-pull prequalification to kill the credit objection; or you run Jobber or Housecall Pro and want financing inside your existing workflow.
Choose GreenSky if: your jobs regularly land between $25,000 and $65,000; a manufacturer or dealer program you belong to already routes financing through GreenSky; or you can negotiate a low-fee plan and your customers reliably pay promos off in time to avoid deferred interest.
Consider a third option if: you finance heavy volume or need caps above $65,000. A flat-subscription platform changes the per-job math entirely; start with Hearth vs Wisetack and GreenSky vs Hearth to see both sides of that comparison.
Final verdict
Wisetack beats GreenSky for most contractors in 2026. It is cheaper on standard loans, cheaper on published promo tiers, friendlier to fair-credit customers, dramatically better reviewed, and free of regulatory baggage. GreenSky remains the right call in one specific situation: jobs between $25,000 and $65,000, where its higher cap is decisive and Wisetack is not an option. Match the platform to your average ticket and you will land on the right answer in about a minute.
How we put this together
We compared published fees, loan ranges, and terms from Wisetack's help center and partner documentation (Housecall Pro, Contractor Accelerator), GreenSky's merchant pages, LendEDU's and Credible's 2026 GreenSky reviews, CFPB enforcement records, Banking Dive's acquisition reporting, and Trustpilot listings for both companies. GreenSky dealer fees are not public, so we present attributed ranges rather than exact figures. All numbers were verified in July 2026.
Frequently asked questions
Is Wisetack cheaper than GreenSky for contractors?
Yes, in most cases: Wisetack's flat 3.9 percent standard fee and 4.9 to 9.9 percent promo tiers undercut GreenSky's typical promo dealer fees, which reviewers place around 8 to 15 percent or more. The exception is a negotiated low-end GreenSky standard plan, which can dip near 2 to 3 percent but usually pairs with weaker consumer terms.
What is GreenSky's maximum loan amount in 2026?
GreenSky funds home improvement loans from $3,500 up to $65,000 as of 2026, per LendEDU and GreenSky program materials. Older articles citing a $100,000 cap are out of date. Wisetack's range is $500 to $25,000.
Do Wisetack's 0 percent APR fees stack on top of the 3.9 percent base fee?
No. Housecall Pro's Wisetack integration documentation states the promo fee (4.9, 6.9, or 9.9 percent by term) replaces the standard 3.9 percent fee when a customer selects that option, so a 12-month 0 percent promo costs 6.9 percent total, not 10.8 percent. Wisetack notes exact fees can vary by integration partner, so check your own agreement.
Does applying through Wisetack hurt a homeowner's credit score?
No, not at the prequalification stage: Wisetack uses a soft credit pull to show offers, which has zero score impact. A hard inquiry occurs only if the customer accepts a specific loan. We cover what to tell customers in our guide to financing and homeowner credit scores.
Who owns GreenSky now?
GreenSky is owned by an institutional investor group led by Sixth Street, which bought it from Goldman Sachs in 2024. Goldman had acquired the company for $2.24 billion in 2022 before exiting consumer lending, per Banking Dive.
Can a contractor offer both Wisetack and GreenSky?
Yes. Neither platform charges a subscription or requires exclusivity, so some contractors run Wisetack for jobs under $25,000 and keep GreenSky for larger tickets. The cost is operational: two applications to manage, two payout flows, and two sets of terms your sales team has to explain correctly.
