Best Egg, a financial platform that offers simple solutions to help people with limited savings confidently navigate their everyday financial life, has announced a strategic partnership with AppFolio Inc., a provider of cloud business management solutions for the real estate industry.
Best Egg, which is owned by Marlette Holdings Inc., will be integrating its Flexible Rent solution into the AppFolio Property Manager resident portal. This integration will provide more than seven million renters across the U.S. with a flexible and personalized rent payment option without the need to leave their resident portal.
“Our partnership with AppFolio is a critical step in making Flexible Rent available to more renters throughout the U.S.,” said David Sullivan, managing director of flexible rent at Best Egg. “With this partnership, Best Egg and AppFolio are paving the way for a more flexible and personalized future of rent payments, making it easier for renters to manage their finances and live with greater financial confidence.”
Starting in the second quarter of this year, residents whose property manager uses AppFolio Property Manager can choose Best Egg Flexible Rent as a payment option directly from the resident portal.
Flexible Rent enhances both the renter and the property manager experience. At no additional cost to property managers, Flexible Rent gives property managers peace of mind that rents are received on time. Additionally, Flexible Rent offers property managers an innovative and diversified approach to receiving rents that is appealing to renters valuing financial flexibility.
This payment solution provides renters with the flexibility to divide their rental payments into smaller, more manageable amounts that can be paid throughout the month. With this option, renters can easily take charge of their finances and reduce the financial strain associated with paying one of their most significant recurring expenses.
