Security Deposit Program
The #1 alternative to traditional security deposits - safeguard your portfolio while boosting resident satisfaction
Security Deposit Program
Rather than requiring renters to pay a security deposit in a lump sum at move-in, allow them the option to pay a nominal monthly fee as low as $5/month
The renter will keep their cash in their pocket, and Qira will assume all risk
If the renter does incur charges at move-out, Qira will pay those claims to our property management partners on the resident’s behalf
Settlement of any charges will be handled completely between the resident and Qira
If a renter would like to opt into a traditional security deposit program and pay a lump sum at move-in, Qira can easily manage this for your portfolio
How it works
Offer residents the option to pay their security deposit upfront or to opt to pay a small monthly fee. Let Qira assume the risk and responsibility on behalf of the renter.
Residents will be invited to sign up for the Security Deposit Alternative before moving in
Residents will complete a brief eligibility questionnaire
Upon approval by Qira, residents will set up their monthly payments
Qira will notify the property that the resident is on Qira's Security Deposit Alternative plan & update their ledger
Qira will promptly pay any outstanding damage claims to our property partners on the resident's behalf at the end of the lease
Throughout the process, enjoy 24/7 support for property management partners and residents
Industries we serve
Multifamily
owners, operators, and managers
Single family
owners, operators, and managers