Simplify Rent Collection with Ease
Effortlessly manage rent payments, streamline invoicing, and ensure timely collection—all from one place. Never chase down a payment again.
No credit card required.
Automated Payment Reminders
No more late fees! Set up automatic reminders to prompt tenants before rent is due.
Secure Online Payments
Tenants can pay rent securely online, making transactions faster and safer for both parties.
Accurate Record Keeping
Keep detailed records of all transactions, ensuring you’re always prepared for tax season and legal matters.
Frequently Asked Questions
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How do tenants make rent payments?
Tenants can securely pay rent online using LoomLease’s payment portal. It accepts various payment methods, including credit/debit cards and bank transfers, making it easy for tenants to pay from anywhere.
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Can I set up automatic reminders for rent due dates?
Yes, LoomLease allows you to automate payment reminders for your tenants. You can set reminders based on your preferred timeline—whether it’s a week, three days, or the day before rent is due.
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What happens if a tenant doesn’t pay on time?
LoomLease allows you to set up late fees and track overdue payments. You can also send automatic reminders to tenants with overdue rent, making it easy to stay on top of collections.
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Can I track partial payments or multiple tenants at once?
Absolutely! LoomLease allows you to track multiple tenants and partial payments all in one place. You can easily view which payments are complete and which are outstanding.
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Is the payment data secure?
Yes, LoomLease uses the highest level of encryption and security standards to ensure that all payment data is protected. Your tenants’ financial information is secure and compliant with industry regulations.
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