Split payments over time with StretchBill

No debt.  No credit check.  No fees.

GroupPay

  • For groups that want to split the cost of a bill

  • Organizer enters each group member’s name/email:

    • Automated notifications and real-time payment status

    • The group must pay in full within a week

    • Works for any bill with a due date 10+ days out

InstallmentPay

  • # of installments and interval can be customized by the property manager

  • Similar to layaway, bill paid in full before due date

  • Property manager chooses if it is a free service or convenience fee/surcharge model

SinglePay

  • Bill paid in a single transaction at a much lower processing cost than credit cards

  • Great for last-minute payments

  • Fastest payout to property managers

HOW DOES STRETCHBILL WORK?

The easiest way to offer flexibility at a lower cost.

StretchBill combines a pay-by-bank service with a flexible payment schedule.

StretchBill works similar to layaway (not lending). The renter must pay all installments (booking paid in-full) before arrival or risk booking cancellation. There is no interest, installment, or late fees charged to the renter. There has never been a better time to offer StretchBill as an alternative to credit cards.

THE PROCESS

  • Renter is offered the option to pay via StretchBill as either an online booking button or email link from property manager.

    • StretchBill flexible payment plan - as an example, 4 payments paid every 2 weeks.

    • Connects to online banking and StretchBill processes the initial payment.

    • Entire payment must be paid before bill due date/arrival.

  • Individuals or groups can split a bill, with StretchBill handling all notifications.

  • After all installments have been processed, StretchBill sends the payout to the property manager’s bank account.

PROPERTY MANAGERS

Which property managers can benefit from StretchBill today?

StretchBill works with multifamily, vacation rentals and homeowner/community associations.