Elevare Pay Easy provides easy access to funds to help you pay for repairs, maintenance or improvements to your investment property.
8x equal fortnightly repayments
Imagine having quick and easy access to funds to improve your property and increase its value and rental yield – without compromising your cashflow.
Elevare Pay Easy Protect makes this all a reality, by letting you buy yourself some time. It’s specifically designed for property investors to manage the upfront costs required for either unexpected or scheduled repair and maintenance expenses for their rental property.
How it works.
If you’re a property owner and your investment property requires some tender loving care to make sure your asset value is protected, then have a look just how simple it is to spread your spend over 112 days without impeding on your cashflow.
Spreading your spend over 112 days is easy. In just a few simple steps, you’ll be protecting your investment property – and your cash flow.
Your property manager will send you a repair order (RO) for the work required at your property. By selecting the Pay Later option you will be diverted to the Elevare Pay Easy Protect online process.
You provide us with your basic personal details, including a current Australian photo ID number, and current Australian credit or debit card. You’ll have to confirm that you own the property where the work is being undertaken, and also declare your current financial stability.
Elevare Pay Easy will process 20% of the total amount requested plus a $30 establishment fee from your nominated card.
Elevare Pay Easy will then contact your property manager and the job will proceed. Once the job has been successfully completed, and your property manager gives us the all clear, Elevare Pay Easy will release the funds to the real estate agency – who in turn will pay the tradie within 7 days of job completion. Everybody wins!
Your payment schedule with Elevare Pay Easy will continue for 8 consecutive fortnights, until such time whereby the total plan has been repaid over 16 weeks or 112 days. These payments are drawn automatically off your nominated credit or debit card by Elevare Pay Easy. Your payment schedule can easily be accessed 24/7 via your personal Elevare Pay Easy customer dashboard.
$1,000 repair cost.
Imagine you need to quickly invest $1,000 for a tradie to carry out repairs on your investment property. Here’s how your repayments work to protect your cash flow.
|Funds approved: $1,000||Scheduled payments||Cumulative paid over 16 weeks|
|Initial deposit on approval (20%)||$200|
|Plan establishment fee on approval||$30||$230|
|Payment 1 (fortnightly)||$100||$330|
|Payment 2 (fortnightly)||$100||$430|
|Payment 3 (fortnightly)||$100||$530|
|Payment 4 (fortnightly)||$100||$630|
|Payment 5 (fortnightly)||$100||$730|
|Payment 6 (fortnightly)||$100||$830|
|Payment 7 (fortnightly)||$100||$930|
|Payment 8 (fortnightly)||$100||$1,030|
Example repayment schedule.
Enjoy all the benefits of Protect.
- Your cash flow is protected
- Spread payments comfortably across 8x equal fortnightly transactions
- Got the job done quickly and protect your asset
- Minimal fees incurred
- Your tradie is paid within 7 days of job completion
- Seamless and hassle free experience
Elevare Pay Easy Protect eliminates upfront funding hassles and ensures the future value of your asset is in good shape.
It buys you time to pay off that repair, maintenance or improvement expense over 112 days, and takes the stress out of the whole process.