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Description
Traditional deposits often fail to accurately forecast final financial standings, which can result in properties facing potential rent losses and damages. LeaseLock addresses this issue by substituting deposits with lease insurance, allowing property owners to recover revenue before it deteriorates into bad debt. By assessing risk and fine-tuning coverage at the property level, LeaseLock transforms uncertain losses into a more reliable income stream and enhances overall asset value. Our advanced AI-driven risk engine is designed to optimize coverage tailored to each property, ensuring maximum financial absorption and uplift throughout the entire portfolio. This innovative approach not only stabilizes cash flow but also contributes to the long-term sustainability of property investments.
Description
TURBO-Lease™ offers a comprehensive accounting software solution for lessors, featuring more than 80 predefined reports that can be directed to various formats such as screen, paper, PDF, or Excel. Users can generate forecasts for future balances or pull historical data to meet audit needs. The software allows customization by permitting users to define eight fields, which can be utilized to categorize leases according to specific identifiers like bank, vendor, salesperson, note, or equipment type. Included in the features are trial balance reports that facilitate reconciliation with your general ledger by reflecting transactions within your selected date range. Each report provides detailed information, including the opening balance, activities for the current period, necessary adjustments, new business entries, and the final balance. Additionally, there are specialized trial balance reports available for various financial aspects, including lease receivable, residual receivable, income, residual income, initial direct costs, advance payments, security deposits, and associated fees. This extensive suite of reporting tools ensures that users can effectively monitor and manage their leasing operations.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$1250.00/one-time
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
LeaseLock
Website
leaselock.com
Vendor Details
Company Name
Better Programs
Founded
1985
Country
United States
Website
turbolease.com
Product Features
Product Features
Lease Management
Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management
Tenant Database