Deposit
Finance an eligible rental deposit, with payment made to the appropriate landlord, agency or trust account.
FOR TENANTS
A new home.
A more flexible start.
Come to RentFlex for help financing qualifying rental costs. You pay no service or application fee to us. We arrange payment of approved costs upfront through our lending partner, and you repay over time.
First month’s rent
Spread a qualifying initial rental payment rather than paying the entire amount upfront.
Future rental payment
An occasional qualifying rental payment may be eligible, subject to a fresh assessment and final product terms.
IS THIS FOR YOU?
Flexibility starts with affordability.
RentFlex is designed for working professionals and households in the formal private rental market who can afford their monthly rent but would benefit from spreading large rental costs.
You pay no service or application fee to RentFlex. For approved rental costs, we arrange payment upfront through our lending partner, and you repay over time under a separate credit agreement. The lending partner will assess whether those repayments are affordable. Any interest or lender fees, repayment dates and total cost will be disclosed before you commit. Joining the waitlist does not guarantee approval.
From approval to move-in.
Get approved for your rental
Complete your agency or landlord’s normal rental application and affordability process.
Choose RentFlex
Come to RentFlex to apply for an eligible rental cost. Neither you nor your agency pays a RentFlex application or service fee.
Complete your application
Provide the required information and documents through a simple digital journey.
Credit assessment
The lending partner checks affordability, underwrites the application and makes the credit decision.
Payment is made
We arrange payment of your approved rental costs upfront through our lending partner to the landlord, agency or relevant trust account. Your lease stays the same.
Repay over time
Repay the financed amount over time under a separate credit agreement. Any lender interest and fees are disclosed before you commit.
BE FIRST TO HEAR
Join the
RentFlex waitlist.
We’ll share updates as we prepare for the initial pilot. No credit application or financial documents needed at this stage.
A little more clarity
Your questions,
answered.
Do tenants or agencies pay RentFlex?
No. Tenants and agencies pay no application or service fee to RentFlex. An approved tenant still repays the financed rental costs over time. Any interest or fees charged by the lending partner will be disclosed in the separate credit agreement before the tenant commits.
What is RentFlex?
RentFlex is a rental-finance product being developed to help eligible South African tenants spread qualifying rental costs over time.
What rental costs can I finance?
The proposed product covers rental deposits, first month’s rent and an occasional future rental payment. Availability and eligibility will depend on the lending partner’s final product terms.
Who provides the credit?
Credit will be provided by appropriately authorised lending partners. We are currently engaging prospective partners ahead of our pilot; no lending partner is being announced at this stage.
Does applying guarantee approval?
No. Every credit application will be subject to affordability checks, underwriting and the lending partner’s approval.
Does the landlord need to change the lease?
No changes to the normal lease are required. The tenant’s finance agreement is separate from the lease. The landlord receives the approved deposit or rental payment upfront through the normal payment arrangements, and the tenant’s lease obligations stay the same.
How does RentFlex work for estate agencies?
The agency pays nothing to RentFlex. After its normal tenant approval, it refers the tenant to us. We coordinate the application, the lending partner assesses credit, and approved rental costs are paid upfront. The tenant repays over time under a separate finance agreement.
How long can repayments be spread over?
Repayment periods, interest and fees will depend on the lending partner, affordability assessment and individual credit agreement. Final terms will be disclosed before a tenant commits.
When does the landlord receive payment?
For an approved financed cost, payment is made upfront once all credit and transaction requirements are met. RentFlex does not guarantee every future rent payment.
Is RentFlex available yet?
We are preparing for our initial pilot launch. Join the waitlist or enquire about becoming a pilot partner. Credit applications are not open yet.