Flexible Rent
Zego & Best Egg enables property managers to get paid in full and on time while delighting residents with flexible rent payment options.
Rent week just got easier for everyone with flexible rent options
With Zego Pay + Best Egg, you get paid in full and on time, while your residents gain the flexibility to pay rent in installments that work best with their budgets and cash flow. Now you can protect your revenue, cut time spent on collections, and differentiate your properties with a groundbreaking solution from two resident rent payment innovators.
More payment flexibility for residents, zero risk to your cash flow
Did you know the average U.S. renter now spends 30% of their income on rent? That’s a new all-time high. Residents shouldn’t have to worry about making one of their biggest monthly payments on the first of the month. With Flexible Rent, residents split their rent into smaller manageable payments throughout the month, while you receive your rent in full and on time, every time.
Rent payment plans that work better for all
Enable residents to pay their rent in multiple payments throughout the month giving them greater control over their cash flow while your revenue remains protected.
- Protect your revenue: Reduce the risk of delinquent rent by allowing residents to pay in installments or split rent payments on schedules that work for them.
- Cut time spent on collections: With Flexible Rent, rent is paid in full and on time at no extra cost to you, eliminating the need to track late or partial rent payments.
- Boost resident satisfaction: Residents enjoy flexible rent payment options on their terms without frustrating late fees.
1. Residents log in to Zego
Residents log in to pay their rent via Zego and select the flexible rent payment option to apply.
2. Residents set custom schedules
Residents are able to apply for an open-end line of credit with an affordable subscription fee and set their payment schedule directly within the existing payment portal.
3. You get paid in full & on time
Residents' rent payments are paid on time and in full by Best Egg.
A smarter way to collect rent
Protect your cash flow
Protect your revenue with the most robust payments feature set in the industry. Flexible rent payment options reduce the stress of delinquent rent by allowing residents to schedule payments on timelines that work for them, while you enjoy reliable, on-time rent collection.
Grow resident satisfaction
Enhance your resident experience by offering more payment flexibility. By spreading rent over the month, residents can pay in installments that align with their cash flow, giving them the freedom to pay when they get paid while relieving the pressure of a large single rent payment.
Free up staff time
Free up your staff’s time by automating manual payments and enjoy more on-time digital rent payments. With Flexible Rent, your team spends less time chasing late payments and more time on managing properties and supporting residents more effectively.
Reduce late rent payments with Flexible Rent
Help your residents manage their rent expenses with flexible options while you benefit from more on-time payments with no extra effort. Schedule a demo to learn more about flexible rent payment options for your communities.
Please note that loans are made by Cross River Bank, Member FDIC