Property management RentRedi has introduced a financing solution powered by Stripe Capital that provides fast, flexible funding to help landlords and rental property investors grow their businesses. This latest offering builds upon RentRedi’s long-standing relationship with Stripe, adding capital access to its suite of intelligent rental management tools designed for smart landlords who want to improve operations, increase revenue, and scale their rental portfolios.
With RentRedi financing, eligible customers can apply in just a few clicks, without affecting their personal credit score, and receive funds in as little as two business days after approval.
Recent RentRedi surveys show that 35% of landlords now plan to spend more than $20,000 on property upgrades this year. Yet, many have also postponed projects due to funding constraints. Meanwhile, acquisition momentum is slowing, with many citing limited access to funding is a key reason for delaying or abandoning opportunities. This makes flexible financing tools like RentRedi’s offering critical for keeping rental business growth plans on track.
“This is another step in RentRedi’s mission to deliver smarter, more accessible solutions that empower landlords to run their rental businesses like well-oiled enterprises,” said RentRedi Co-founder and CEO Ryan Barone. “Whether you’re renovating a unit, acquiring another property, or simply building a cash cushion for seasonal expenses, timely access to capital can make all the difference. This extension of our partnership with Stripe means our customers can get the loans they need—on demand—without the friction that often comes with traditional financing.”
RentRedi financing offers streamlined applications, with eligible landlords are prequalified based on payment volume and history with RentRedi; funding that hatcan arrive in as little as one to two business days; a single flat fee and payment through a percentage of sales until the total amount financed is paid. Additional payments or early payment towards the financing may be made without penalty.
The program is designed to integrate seamlessly with the way landlords already operate within RentRedi. By using the platform’s built-in rent collection and accounting features, payments toward this financing happen automatically, making it easier to manage cash flow and stay focused on property operations.
Financing is currently available to eligible U.S.-based landlords using RentRedi’s platform. Financing is offered through Stripe Capital, with loans issued by Celtic Bank and merchant cash advances provided by YouLend.
