When you partner with Obligo, qualified renters can skip paying a security deposit requirement and live deposit-free.
Obligo works similarly to a hotel check-in process. Residents extend a Billing Authorization to Obligo via one or more payment methods, allowing you to charge them up to the security amount for damages, cleaning or missed rent.
If you submit a charge at move-out, our platform will initiate your ACH payment immediately and then collect the owed amount from your resident.
We handle both deposit-free living and the collection of traditional cash deposits, helping you eliminate paper checks for good.
For property managers, Obligo powers a better resident experience, streamlines leasing operations, boosts your bottom line, and helps you comply with security deposit regulations.
Learn more about Obligo here.