Arrenda provides revenue-based financing to landlords in Mexico, allowing them to receive up to 36 months of rental income in advance without incurring debt. This service addresses cash flow challenges by enabling property owners to access immediate capital based on existing lease agreements.
Funding
Funding not disclosed
Founders
Product
Problem
Landlords, particularly in markets like Mexico, often face cash flow challenges due to inconsistent rental payments or the need for upfront capital for property improvements and business operations. Traditional financing options may not be suitable or accessible for all landlords, creating a need for alternative funding solutions.
Solution
Arrenda (Adelanta por Ziff) provides revenue-based financing that allows landlords to access up to 36 months of rental income in advance without incurring debt. This service enables property owners to receive immediate capital based on existing commercial lease agreements, providing a flexible alternative to traditional loans. Landlords can use the upfront capital to grow their property portfolio or invest in their business. The process involves submitting a request with existing lease contracts, completing an application, and receiving the advance after signing an agreement with Arrenda.
Target Audience
Arrenda's primary customers are landlords in Mexico with commercial properties generating consistent rental income, including owners of retail spaces, industrial parks, shopping centers, and other leased properties.
Features
- Advance on rental income for up to 36 months based on existing lease agreements.
- Financing is structured as a revenue-based advance, not a debt obligation.
- Streamlined application process with quick pre-approval.
- Funds deposited directly into the landlord's bank account after agreement signing.
- Suitable for various commercial properties, including retail spaces, industrial parks, shopping centers, and self-storage facilities.