BUSINESS
Rental Property Solutions
If you’re a landlord or property manager, you know that collecting and managing rental payments, condo fees, and security deposits can be a hassle. The Village Bank is pleased to deliver two online solutions to help make it easier for you – ZRent and ZEscrow.
Both ZRent and ZEscrow are available FREE for customers with a Village Cash Management checking account.
Collect Payments Automatically with ZRent
With ZRent, you can collect rental payments and condo fees automatically on the due date and have them automatically deposited in your account, helping you:
- Do away with those in-person visits to collect payments
- Eliminate special trips to the bank to deposit checks
- Avoid late payments and bounced checks
- Gain faster access to funds
Transcript
If you’re a landlord with multiple properties, collecting your checks can be overwhelming. And if you’re a tenant, it can be absolute chaos trying to coordinate with all your roommates. In short, rent Day can be a hassle for everyone. Well, now there’s a better way.
Z Rent is an online platform that enables landlords to easily collect electronic rent payments from tenants. And tenants love Z Rent.
They can assign roommates, rent shares, and put their own payments on set. And forget Z. Rent directly deposits the rent into the landlord’s account
in a single payment per unit on the same day every month. And with Z Rent, you get a detailed description
of every payment broken down by property and unit keeping your bookkeepers very happy. So what’s it cost? Z Rent is always free for landlords and property managers with an account at one of our partnering financial institutions, an opening one is Easy Z Rent Making Rent Collection Effortless.
Sign up today to get started.
Eliminate the Headaches with ZEscrow
ZEscrow gives you tools that can simplify complex business and regulatory workflows within one digital system.
- Online access for designated team members
- Promptly open, fund, manage or close escrow accounts
- Create 1-1000+ digital folders to match your internal filing system
- Quickly access detailed reports and historical statements
- Easily gather and store W-9s online with DocuSign integration
- Precise, customizable interest calculation and splitting
- Flexible system for specialized uses cases
- API-first platform can connect to your in-house software
Businesses that can benefit from ZEscrow are:
- Property managers
- Law firms
- 1031 exchanges
- Landlords
- Title offices
- Real estate offices
- Municipalities
- Homeowner associations
- Healthcare companies
- Insurance companies
- Nursing homes
Ready for a better and easier way to manage payments and escrow?
To learn more or enroll, call our Customer Care team at (617) 969-4300.
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