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Is late rent holding your property management business back? Discover how offering flexible rent payments can help you increase on-time collections, boost resident satisfaction, and streamline operations.
78%
of residents say digital payments would improve their view of their property management company
22.4m
US residents spend more than 30% of their income on rent
of digital transformation projects succeed
91%
of businesses offering flexible payments report positive impacts on their operations
Flexible rent payments empower residents to pay on a schedule that works for them while ensuring you receive full rent reliably each month. By aligning rent with your residents’ cash flow, you can reduce delinquencies and stabilize your rental income.
In this comprehensive guide, you’ll learn:
Flexible rent payments empower residents to pay on a schedule that works for them while ensuring you receive full rent reliably each month. By aligning rent with your residents’ cash flow, you can reduce delinquencies and stabilize your rental income.
Download the guide now to see how flexible payments can drive efficiencies and on-time payments for your business.
About Flex
Flex is a leading flexible rent payment platform that allows residents to split rent into customizable installments while ensuring properties receive full rent on time, every time. Join the 6+ million unit revolution and bring your rent collection into the 21st century with Flex.
Flexible Finance, Inc. (“Flex”) is a financial technology company, not a bank. All lines of credit, banking services, and payment transmissions are offered by Lead Bank. An application and credit assessment are required for approval. Credit line amounts vary based on eligibility (graphics are illustrative only); to access a credit line, you are required to make timely payments each month. Unsecured lines of credit are provided for a recurring monthly membership fee of $14.99 at 0% APR. A bill payment fee of 1% of your total rent is also charged when you pay your rent using the Flex app (additional card processing fee applies when using a credit card). Memberships automatically renew until canceled. Secured lines of credit are provided at 0–9% APR based on your credit worthiness. You are required to maintain a security deposit with Lead Bank. Other third party fees may apply. See your offer for more details. Positive rent payment history and information about your line of credit may be reported to one or more national credit bureaus. Terms and conditions apply. All loan proceeds are disbursed by Lead Bank; neither Flex nor any of its subsidiaries disburse loan proceeds or engage in the movement of consumer funds. Brokering activities are performed by Flexible Finance Brokering, Inc. Servicing and collection activities are performed by Flexible Finance Servicing, Inc.
Licenses
Flexible Finance Brokering, Inc., Nationwide Multistate Licensing System (“NMLS”) ID #2599800
Flexible Finance Servicing, Inc., NMLS ID #2256673
*Individual results vary. Average outcome for customers who opened a Credit Builder account for use in September 2024 with a starting VantageScore 3.0 with a credit score below 560 and made consistent, on-time payments for at least one month. Factors other than on time payments, including interactions with other creditors, also play a role and may impact results. Payment history will be reported to TransUnion. Past performance does not guarantee future results, and a credit score increase is not guaranteed.
