Rid Yourself of the Burden of Security Deposits
Property Managers: Power a better resident experience & streamline your operations with
a straight-forward security deposit alternative.
Schedule a demo to see Obligo's deposit-free solution in action!
Why Obligo?
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Power a Better Resident Experience Today
- Eliminate deposit management and stay protected. No need for multiple workflows.
- Offer deposit-free living to attract more renters and stay ahead of the competition.
- Accelerate the leasing process with streamlined deposit payment processing.
Seamless & Compliant
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Reduce Admin Hours
No more tracking, depositing and posting security payments. -
Frictionless Renter Sign-up
Obligo collects security deposits electronically from any device -
No Claims Filing Process
Our platform immediately initiates ACH payment to the property manager -
Automated Invites
New residents are automatically invited to Obligo
How We Compare to Jetty
 |
Jetty | |
|---|---|---|
| Security Deposit Alternative Model |
Bank Letters of Credit, |
Surety Bonds |
| Claims Process |
No claims process. If a charge is submitted for damages or missed rent, our platform immediately initiates ACH payment to the property manager and updates the resident ledger in your PMS. |
Claims must be filed & reviewed for approval before payout. |
| Automatic Renewal of Security Deposit Alternative Protection |
Protection for your property continues through renewal terms, until the property manager releases the renter. |
Just like all types of insurance, coverage may lapse at lease renewal if residents are not paying their premiums. |
| Business Model |
As the only 100% non-insurance solution security deposit alternative, utilizing bank-issued Letters of Credit supported by Wells Fargo, we're sustainable and built to last. |
Insurance-based, claim fulfillment backed by 3rd party reinsurers |
Enhanced Security & Accountability
Our platform initiates payment to you immediately in case of damages or unpaid rent, while residents receive a credit line to pay back in installments.
