Your owners get cash today, from their future rent.
A lump sum now for the next repair or whatever they need. One flat fee, no loan and no credit check, funded in as little as 48 hours.
Future rent, as cash today
An owner needs cash for a repair. They take 6 months of future rent today, at one flat fee.
Owner requests
6 months of future rent
$12,000
Spot’s flat fee
8%, nothing hidden
−$960
Cash to owner today
Into your trust account
$11,040
Future rent repays it
Over the next 6 months
Automatic
Advance
24 Oak Ave · funded Oct 28
James L.
Cash to the owner, Oct 28
6 months of future rent
$12,000
Spot fee (8%)
−$960
Oct 28 · To the owner
$11,040
Repayment
24 Oak Ave · Nov–Apr
Future rent repays Spot
Your management fee never changes
Monthly rent collected
$2,000
Your management fee
Unchanged
The rest repays Spot · Nov–May
$12,000
Owner draw resumes
Month 7
The owner gets the cash on Oct 28. Your management fee keeps coming out of rent every month, so your income never changes, and the rest repays Spot. It’s never a loan.
| Month | Rent in | You earn | Repays Spot | Owner gets |
|---|---|---|---|---|
| At funding (late Oct) | — | +$240 · 2% fee | — | $11,040 |
| Months 1–6 (Nov–Apr) | $2,000 | $160 · mgmt fee | $1,840 | $0 |
| Month 7 (May) · final partial payment | $2,000 | $160 · mgmt fee | $960 | $880 |
| Month 8 on (Jun) | $2,000 | $160 · mgmt fee | — | $1,840 |
Your 8% management fee is unchanged every month, and you collect your 2% advance fee ($240) up front at funding. The owner’s draws pause, then resume in month 7.
Liquidity when your owners need it
Funded fast
Owners get cash in as little as 48 hours, for a repair, a renovation, or their next purchase.
Not a loan
No lien and no credit check. It’s an advance on rent the owner is already owed.
One flat fee
Simple, transparent pricing. The owner sees exactly what they get before they accept.
Rent advance, versus the alternatives
| Spot Rent Advance | Bank loan or line of credit | Out of pocket | |
|---|---|---|---|
| Funded | In as little as 48 hours | Weeks | Only if they have the cash |
| Credit check | None | Yes | — |
| A loan with monthly payments | No | Yes | — |
| Repaid from | Future rent, automatically | The owner’s income | — |
| Cost to you | $0 · you earn 2% | — | — |
| Who brings it to the owner | You, under your brand | The bank | No one |
Give your owners cash when they need it
Turn on Rent Advance for your portfolio, or see it in a quick demo first.