Obligo and AppFolio Launch New Flexible Deposit Alternatives Tailored to Meet Needs of Renters

Published: 2025-07-01 16:51:49 ET APPF

Published on 07/01/2025 at 16:51

Obligo announced the launch of Deposit-in-Installments and Reduced Deposit?? with AppFolio. With Obligo, renters can choose the security deposit option that best suits their needs directly within their online portal.

For AppFolio's property managers, Obligo simplifies deposit management--reducing administrative work and bad debt, helping fill vacancies faster, and ensuring full protection. Flexible deposit options available to renters include: No Deposit - Qualified renters can skip paying a traditional cash deposit entirely. Reduced Deposit - Renters who qualify can opt to pay a portion of their standard deposit amount, providing enhanced financial flexibility.

Deposit-in-Installments - Renters can also choose to split payment of a full deposit into installments, making it easier to budget move-ins. Full Deposit - For those who prefer or are required to, paying the entire deposit upfront remains available. The launch of the new flexible deposit alternatives is the latest innovation in Obligo and AppFolio's integration.

Obligo's API-first platform integrates seamlessly within AppFolio, earning recognition for its scalability, security, and flexibility.