Cardoo provides your company with a payment card for deposit holds. The limit equals to your average monthly security deposits.
You offer customers the DepositFree option, which is renting without a deposit for a small fee. They can also rent with a standard deposit.
Clients pay a DepositFree fee: starting from 0.8% of the deposit amount per day for short-term rentals of up to 2 weeks. For long-term rentals, a regressive scale is applied.
If damage or fines occur, you charge the Cardoo card and close the file.
Benefits for real estate companies
More tenants: Without a security deposit, more people will want to rent the property.
Faster occupancy: DepositFree rentals lead to faster turnaround times.
Stronger relations: The DepositFree option improves landlord-tenant relationships.
· Financial freedom and more money on hands · Property upgrade – expand your boundaries · No stress about when the security deposit is unblocked