Rent-to-Own Software for Independent Retailers — Ownly by RBS
Operate rent-to-own programs with automated payment tracking, delinquency workflows, and collections. Ownly by RBS supports RTO for furniture, appliances, and electronics.
Rent-to-Own with Ownly
In a rent-to-own model, the merchant retains title to the product until the customer completes all payments. This creates the highest revenue per transaction across all installment models, but also requires disciplined tracking and collections management. Ownly automates all of it.
Features
Rental agreement creation with configurable terms and early purchase options
Automated periodic payment collection — weekly, bi-weekly, or monthly
Ownership transfer milestone tracking — clear rules for when title passes
Delinquency alerts and escalating collection sequences
Item recovery workflows for default situations
Customer self-service portal to view balances and make payments