Lease Purchase & Rent-to-Own — Tier 5 Installment Model | Ownly by RBS
Lease Purchase and Rent-to-Own is the highest-flexibility installment model — no credit check required, merchant retains ownership until final payment, and per-transaction revenue is highest across all five tiers.
How It Works
Customer leases a product and makes periodic payments (weekly or monthly)
Merchant retains title to the product throughout the lease period
Customer has the option to purchase at any point (early purchase option)
Upon completing all payments, title transfers to the customer
For delinquent accounts, merchant can recover the item
Best For
Furniture rent-to-own operators
Appliance and electronics rent-to-own stores
Any operator targeting customers without traditional credit access
What Ownly Manages
Lease agreement creation with configurable terms and early purchase options
Periodic payment collection — weekly, bi-weekly, or monthly
Ownership transfer milestone tracking
Delinquency alerts and item recovery workflows
Customer self-service portal for balance viewing and payment management