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SOURCE: Rentec Direct, LLC
ACH (eCheck) is being embraced by property managers nationwide at an amazing rate. Rentec announces new accelerated funding options to receive tenant funds in as little as one day with tools built directly into their property management software platform.
Grants Pass, OR (PRWEB) February 27, 2013
Rentec Direct, producers of popular property management software solutions, announces a major new milestone in ACH (eCheck) processing. The shortest turnaround most banks provide with ACH funds is four business days. Rentec Direct now has expedited funding options available which deliver the funds in as little as one day.
Rentec makes the following options available to all property managers. Normal funding, which takes four business days to be delivered to a property manager’s operating account. Accelerated funding reduces the funding delay by one day, delivering the funds in three business days. Expedited funding delivers the funds in two business days. Next day funding delivers the funds in as little as 24 hours.
Rentec has made these new options available as they have seen a need for rapid funding options. With weekends and the frequent holidays taken by banks, the normal four day funding schedule can be too long. These new options allow property managers to receive deposits from their tenants faster, and also speeds up delivery of distributions to owners.
To learn more about Rentec Direct or ACH funding for property managers, visit http://www.rentecdirect.com/
About Rentec Direct
Rentec Direct provides cloud based property management software solutions for property managers and landlords. Other popular solutions offered by Rentec Direct include tenant ACH payment processing, tenant criminal searches, tenant credit check, and online syndication of vacancies to more than 20 popular websites.
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