Pay Over Time.

StretchBill is the solution that both allows renters to pay in installments, while eliminating credit card processing fees and chargeback risks. Save thousands on payment fees and attract new renters with StretchBill!

STRETCHBILL BENEFITS

StretchBill Helps Both Property Managers and Renters

For Renters & Payers

✔ Cash-flow flexibility

✔ No vacation rental debt post trip

✔ No interest, late fees, or penalties*

✔ Automated payment reminders

For Property Managers

✔ No credit/debit card fees on StretchBill bookings

✔ Avoids chargeback exposure

✔ Attracts new bookings

✔ Manages groups splitting a booking

✔ Online checkout button on direct booking website or email link options

✔ Convenience fee/surcharge or free-to-renter models are supported

*One-time convenience fee may apply at booking or for GroupPay service.

HOW DOES STRETCHBILL WORK?

The easiest way to offer renters flexibility to pay over time.

With a simple, one-time convenience fee paid by the renter, property managers can attract new renters while offering the only installment option where renters are required to pay the booking in full BEFORE their arrival.

StretchBill works with property managers to cancel bookings if the renter does not make successful installment payment on scheduled payment dates.  StretchBill does not charge any interest, late fees, or penalties to renters like online predatory lenders and buy now, pay later providers - our fee is collected one-time at the booking or bill-due date.

THE PROCESS

  • Renter is offered the option to pay via StretchBill as either an online booking button or email link from property manager

  • - StretchBill dynamically offers repayment plan choices to renter based on arrival date - four payments over 6 or 10 weeks.

    - Renter pays a one-time StretchBill convenience fee at booking, with NO additional interest, late, or installment fees afterwards.

    - Entire booking must be paid in full in advance of the arrival date.

    - Renter chooses StretchBill repayment plan and StretchBill processes the initial payment + convenience fee as an electronic transfer (ACH) from their authenticated bank account.

  • StretchBill sends reminders a day before scheduled repayment date, and collects repayments over the scheduled period of 6 or 10 weeks from the renter's authenticated bank account.

  • StretchBill gives renters the flexibility to pay over up to 10 weeks, but with the piece-of-mind that they won't have any debt/loan to pay during or after their rental unlike predatory buy now, pay later providers.

PROPERTY MANAGERS

Which property managers can benefit from StretchBill today?

Currently vacation rental property managers are eligible for the StretchBill platform. With many more property categories coming soon!