Rentr, the revolutionary all-in-one property management platform, today announced a strategic partnership with Factored, a leading provider of rent advance solutions. This collaboration will provide Rentr’s extensive network of private landlords, agents, and portfolio managers with immediate access to up to £20,000 in upfront rental income to fund essential property maintenance, energy efficiency upgrades, and other financial requirements.
The partnership addresses a critical challenge for UK landlords: managing cash flow to cover significant expenses such as refurbishments, meeting new Energy Performance Certificate (EPC) requirements, or seizing opportunities to expand their property portfolios. Traditionally, accessing funds can be a slow, complex process involving loans that impact credit scores.
The Rentr and Factored integration provides a seamless solution. Landlords using the Rentr platform can now apply for a rent advance from Factored and receive funds the same day. Crucially, this service is an advance on guaranteed future rental income, meaning there is no impact on the landlord’s credit score and no legal fees involved.
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“Partnering with Factored is a game changer for Rentr landlords as it opens up immediate cashflow with no impact on credit scores, no lengthy application and the team are really great too,” said Vik Tara, CEO of Rentr. “Landlording comes with constant challenges, and this partnership provides a brilliant solution. The power to access guaranteed rent in advance, right when you need it, is revolutionary.”
Rentr has established itself as a vital tool for the modern landlord, offering a single, intuitive platform to manage the entire rental lifecycle. From advertising properties on Rightmove and Zoopla to instant tenant referencing, digital AST creation, AI-powered maintenance management, and automated rent collection, Rentr simplifies property management and ensures compliance.
Factored’s service complements Rentr’s mission to empower landlords by providing financial flexibility. Landlords can unlock their cash flow instantly to improve their properties, ensure they meet regulatory standards, and enhance their financial stability.
“We approached Rentr to explore a partnership as we’ve loved watching their technology evolve and see how fast their landlord base is growing,” commented Ben Schuldenfrei, Co-Founder of Factored. “Connecting Factored with the Rentr Landlord community will be a huge benefit for private landlords, as it can be a challenging role.”
