Best Egg and AppFolio to Offer Renters a Flexible Payment Solution
Best Egg, a financial platform offering solutions for everyday financial life, has announced a strategic partnership with AppFolio to integrate its Flexible Rent solution into the AppFolio Property Manager resident portal.
What Is Flexible Rent?
Flexible Rent provides renters with the flexibility to divide their rental payments into smaller, more manageable amounts that can be paid throughout the month — reducing the financial strain of one large monthly payment.
How It Works
Starting in 2023, residents whose property manager uses AppFolio Property Manager can choose Best Egg Flexible Rent as a payment option directly from the resident portal. No need to leave the portal or use a separate app.
Benefits for Property Managers
- No additional cost to property managers
- On-time rent collection — Flexible Rent ensures property managers receive full rent on time
- Innovative offering that appeals to renters valuing financial flexibility
- Seamless integration within the existing AppFolio resident portal
Benefits for Renters
- Divide rent into smaller, manageable payments throughout the month
- Reduce financial strain from large monthly expenses
- Access the option directly from their existing resident portal
This partnership makes more than seven million renters across the U.S. eligible for flexible payment options.
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