In this episode of PlotLines, we are joined by Mike Petrakis, Founder and CEO of PowerPay, who has built one of the largest and fastest growing fintech companies in home improvement lending.
Mike shares how PowerPay went from two people and one loan to processing billions of dollars annually. He explains why rising mortgage rates and limited housing supply are driving homeowners to stay and improve, fueling demand for financing across kitchens, bathrooms, and energy upgrades.
The discussion breaks down myths about consumer lending, showing how approvals today are faster and more flexible, powered by data and technology. Mike highlights how data and artificial intelligence are powering better consumer experiences and how partnerships with banks and contractors are expanding access. He also points to surprising use cases like seniors remodeling to age in place.
Whether you are a contractor, an investor, or simply planning your next project, this episode offers a clear look at why financing has become a tool for growth, choice, and long term value.
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