Collect rent on time and keep deposits in order
Rent arrives by check, app transfer and cash, and security deposits need careful records from move-in to refund. With Finli from your bank or credit union, tenants pay on autopay, leases live on the tenant record, and rent settles in your account.
What gets in the way
Rent in five different forms
Checks, cash and payment apps make every rent cycle a reconciliation project, and late rent is hard to spot.
Deposits need a paper trail
Security deposits are the tenant's money. Landlords need clear records of what was held, deducted and refunded, and when.
Maintenance bills keep coming
Plumbers, cleaners and turnover crews need to be paid quickly, with receipts tied to the right unit.
A week at an owner-manager with a few small apartment buildings
- Lease signedStore the signed lease and move-in inspection on the tenant record, with contact details and notes.
- Deposit and first rentSend the move-in invoice for the security deposit and first month's rent, paid by bank transfer.
- Rent on autopayMonthly rent bills as a recurring invoice, and the tenant turns on autopay from their bank account.
- Late rent followed upEmail and text reminders go out when rent is past due, so you are not knocking on doors.
- Repair vendor paidIn early access: pay the plumber from the operating account, with the vendor's W-9 on file.
- Move-out refundItemize deductions with receipts and refund the deposit within the state deadline.
Built for property management
Rent autopay
Monthly rent as recurring invoices that tenants pay automatically, with email and text reminders on late rent.
Tenant records and documents
Leases, inspections and payment history on each tenant's record, with internal notes for your team.
Free bank payments for tenants
ACH rent payments are always free. If a tenant pays by card, you can pass the 3.5% fee on.
Security deposits by unit
Track each deposit by unit in a trust sub-ledger, then itemize deductions and refund after move-out.
Late fees within state limits
Apply a late fee on the date the lease sets, within the limit configured for your state.
Tenant screening
Background, credit, eviction and income checks through a screening partner, billed to the applicant.
Maintenance vendor payoutsIn pilot
Pay repair and turnover vendors from your account, with W-9s collected and 1099 totals tracked. Now in pilot.
For banks and credit unions
Landlords bring an operating account for rent and expenses, plus security deposit balances that need to be kept and tracked apart from operating funds. When rent and deposits run through your branded program, both settle at your institution instead of in a property software company's accounts, and steady occupancy shows up in the data before a refinance conversation.
Where these businesses grow next
- Commercial real estate loans
- Treasury sweep
- Security deposit trust accounts
Tracks each security deposit by unit and the state refund deadline after move-out, so the itemized statement and receipts go out on time.
Talk to our teamCommon questions
Can tenants set up automatic rent payments?
Can I still accept rent by check?
Where are security deposits held?
More in property services
Finli is offered through your financial institution
Banks, credit unions and community lenders offer Finli under their own name, so your payments settle with the institution you already use. Tell us where you bank and we’ll ask them for you.