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Description
Flex is a financial technology service designed to allow renters to pay their monthly rent in a more adaptable manner by dividing the total amount into two smaller payments, while ensuring that landlords or property managers receive the complete rent on time. When rent is due, users can make an initial payment, and Flex grants them access to a credit line to settle the remaining balance, which Flex pays directly to the property owner or through a designated account; later in the month, the renter repays the credit line based on their selected schedule. The Flex mobile application enables users to track their payment status in real time, manage and adjust payment schedules, and receive notifications to help them stay punctual with their payments. Additionally, the service offers flexible rent reporting that contributes to building a positive credit score by informing credit bureaus about timely payments. Flex seamlessly integrates with prominent property management software such as AppFolio, RentCafe, Yardi Voyager, among others, to provide flexible payment solutions directly within resident portals. This innovative approach not only aids renters in better managing their finances but also simplifies the payment process for property managers.
Description
Handling rent payments for both individual tenants and HMOs has reached a new level of simplicity. You will receive alerts for incoming and overdue payments, with rent transactions seamlessly connected to the respective tenants and properties. Hammock enables you to effortlessly reconcile your financial transactions anytime, anywhere. Detailed statements for each property are generated automatically, allowing for quick reviews or easy sharing with your accountant. Hammock converts data from individual transactions into immediate, actionable insights, enabling you to track and enhance the performance of your investment portfolio. With the Hammock dashboard, you can access real-time key performance indicators of your entire portfolio at a glance. Your Profit and Loss statement, Loan To Value ratio, and Arrears Balance for each tenant are readily available with just a click. Hammock also makes it simple to identify any upcoming deadlines, unexpected costs, or occupancy challenges associated with your properties. This ensures that you are always informed about which property needs your focus, helping you to manage your investments more effectively. In this way, you can stay proactive and make informed decisions regarding your real estate management.
API Access
Has API
API Access
Has API
Integrations
AppFolio Property Manager
Mastercard SpendingPulse
RentCafe
TransUnion Collections Management
Yardi Voyager
Integrations
AppFolio Property Manager
Mastercard SpendingPulse
RentCafe
TransUnion Collections Management
Yardi Voyager
Pricing Details
$14.99 per month
Free Trial
Free Version
Pricing Details
$6.91 per month
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Flexible Finance Inc.
Founded
2025
Country
USA
Website
getflex.com
Vendor Details
Company Name
Hammock
Founded
2019
Country
United Kingdom
Website
www.usehammock.com
