Wectory revolutionises the relationship between landlords and their tenants.
It is well-known landlords would like to protect their cash flow and minimise their own risks, which is why they often ask for deposits, insurance and several months of rent upfront. Meanwhile, tenants prefer to pay as they go without any significant funding peaks. The result? The tension between perfectly reasonable landlords and tenants, simply because both parties are seeking to lower their own financial risks.
Wectory is a mobile app that offers landlords several months of prepaid rent in advance, in exchange for a discount. Tenants still pay monthly/weekly, but landlords can choose to receive rent for any period of time they fancy (within reason, of course). Want six, 10 or even 12 months’ rent right now? Wectory will sort it for you.