How Otso Works

Simple Applications. Fast Approvals. Better than Cash.

$5-10/monthper $1,000 Covered*
Fast Applications
All Online
Paid via Monthly Rent
Negotiated in your Lease
Get Approved Today
Landlords and Owners
$0Paid via Tenant Rent

Join today to offer your Tenants (and future Tenants) the most seamless experience in commercial real estate leasing.

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Learn more about the Otso Program

How Do I Apply?
You can get pre-approved at any time, just click the Get Approved button at the top right!
What happens after I'm Approved?
Your Landlord will be notified and will quote you your rental rate inclusive of the policy premium. If you decide to move forward with your lease you’ll sign the document along with your Lease, it’s that easy!
Why Do I Pay for the Policy?
The policy is essentially an extension of credit on your behalf. The insurance bond is put up to the Landlord as a “same as cash” policy that protects the Landlord for the value of whatever your approved amount is, in lieu of you putting up the cash. In return you pay a small monthly fee in your rent. Otso is NOT a loan and creates no additional lease obligation or liabilities for you unless there is a default in your lease.
What does Otso Cover?
The Policy covers every instance of default per your lease terms for approved Tenants. You can make a claim for any default in line with the Lease and it’s monetary or non-monetary default conditions within the term of the lease and in post-lease condition situations as well.
What is the Cost to the Tenant?
Every Tenant is quoted using a unique algorithm of credit, financial history and other factors based on their desired amount. A typical policy runs just $7/month for every $1,000 in Coverage.
What Happens if a Tenant Defaults?
If an approved Tenant defaults per the terms of your lease and it meets the terms of your policy, you’ll be reimbursed within thirty (30) days or less* subject to terms and conditions of the policy.

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The CRE Industry deserves a better solution than cash deposits…so do you. Whether you are a tenant, landlord or broker we have solutions to help you maximize your leasing experiences.