Help your clients unlock the value of future rent, so they can maintain and add to their portfolio
Please reach us at resources@accelrent.com if you cannot find an answer to your question.
Accelrent is an upfront payment that purchases the right to receive future payments, so unlike a loan there’s not an interest rate that’s subject to change. The costs are fixed upfront and don’t change, no matter how long it takes to pay it back.
Let’s say your property is renting for $2,000 per month, and your property management company fee is 10% - making your normal net rent $1,800 per month. Accelrent would provide a rent acceleration payment of $1800 x 12 or $21,600 upfront, minus a $1,000 onboarding fee. Then as rent is collected each month over the next 18 months, you’ll still receive about $200 each month. Overall the total cost to you over 18 months is about $322 per month.
There are three key reasons:
1. Expand your service offering to attract and retain the best clients
2. Add real value by helping your clients grow their portfolio of properties
3. Retain clients and reduce churn.
Not at all! Your tenant pays the same amount of rent every month as normal.
Unlike a loan that requires regular payments, Accelrent is paid back when your property manager collects rent. If you have a vacancy or late payments from the tenant, it’s ok – your property manager will find a new tenant and then payments to Accelrent will start up again, and of course - your overall cost won’t change.
Accelrent is from a team with over twenty years of experience in specialty finance. Our coverage of capital markets gives us the ability to provide millions of dollars in funding each month, and our expertise allows us to operate the Accelrent program effectively – ensuring all parties get maximum value.
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