Introduce Otso To Your Client (It's Easy!)
Earn recurring revenue or simply rebate your client for doing what you already do best - helping them succeed.
Otso shares revenue with partners for the life of any lease executed with our policies.
Rave Reviews
From Landlords, Tenants and Brokers
Otso is a wonderful creation. I love the fact that they do the credit check and give me additional confirmation about the veracity of every tenant. In the event of a negative event, Otso makes my life really easy.
— Ken Ashley
Owner/Landlord
Otso feels like the future. For a company like ours, who fought hard to raise a great round we understand the value of capital greatly. It seemed wasteful to lock up our cash for years on end. When we heard we could avoid this scenario and sign a lease anyway, it was a slam dunk.
— Renji Bijoy, Tenant
CEO of Immersed VR
Otso has created an unparalleled tool to help create a beneficial alternative in favor of Tenants and Landlord’s regarding the securitization of leases. Otso allows Tenants to have capital on hand and assures Landlords that in the event of the catastrophe there will be enough security deposit on hand for all damages. This solution is a no-brainer.
— Lexie Hall
Cushman and Wakefield
Why Otso? Because our insurance is better for every client on every lease
Otso offers A-rated insurance on behalf of businesses as a solution to traditional securitization.
Our contractors can't wait to start work on your dream home.
INSURANCE THAT WORKS
Every policy offered covers every instance of default the lease does, for the entire term of the deal. employees.
WIN-WIN-WIN
Free up tens (or hundreds) of thousands for businesses while getting the Landlord the securitization they need...you just close the deal.e
AM BEST EXCELLENT
Every policy is custom-built for the lease you are working on. Oh, and backed by the insurance giants like Accelerant and Assurely.
WE WORK WITH THE BEST IN CRE AND FINTECH TO BRING REAL SOLUTIONS
Here's How To Introduce Otso To Your Client
LANDLORD GUIDE
We've got A's for your Q's
Why Would A Landlord Use Otso?
- Gain a new revenue stream. Most customers collect additional rent on top of the monthly Otso fee. (Learn how here)
- More protection against default. Otso landlords are getting up to 9X more coverage than they would typically hold in cash as a deposit.
- Tenant financial reports. Our exclusive credit plus+ reports provide two years of cash/cash management history.
- Policies never decrease in value and don't require annual renewal, for the life of the lease.
Why Is Otso Better Than Lines of Credit, Bonds or Personal Guarantees?
- We cover $1,000 to $500,000+
- No capital is locked by the Tenant.
- Coverage never decreases.
- Decision timing is way faster (same-day).
- Landlords gain a powerful new underwriting tool.
- Onboarding is 100% free and handled by our team.
How Does It Work?
- The Tenant applies for the amount you request in securitization.
- We share our decision, fee, and financial report with you.
- If approved by you and the Tenant, you negotiate our fee into the deal.
- The policy is executed as part of the lease agreement. Everything is electronically issued and managed by us and Assurely as program administrator.
When Does Otso Happen In A Deal?
Otso usually sits right at the LOI stage in a deal . We are typically introduced after a tenant has toured and expressed interest in the space, but you're free to use our applications where ever in a deal you feel is best!
How Is The Otso Fee Calculated?
Landlords pay Otso directly for the premium.The typical fee is based on creditworthiness and ranges from $50-$80/month for every $10,000 we guarantee. This fee is usually passed along in the base rent to the Tenant as part of the deal.
Who Backs the Insurance?
Every policy is backed 100% by Accelerant Specialty Insurance Company and administered by Assurely. Accelerant holds an A-rating and AM Best Excellent Credit.
What Does Otso Cover?
Otso covers every instance of default in the leases agreement. Claims are simple, fast to upload in our secure portal and all documentation provided is in line with what would be sent to the Tenant in any default scenario.
We reimburse Landlords within thirty (30) days or less. If we pay out in a default scenario, we will seek restitution from the Tenant directly.
Links To More Resources
- Leasing Team Guide
- How Our CEO Uses Otso For His Properties
- Case Study
- Click Below To Receive an Email Template You Can Easily Forward to Your Client
TENANT GUIDE
We've got A's for your Q's
Why Would A Tenant Use Otso?
- Free to apply, no personal credit and decisions are same-day in most cases.
- Free up tens of thousands of dollars that are wasted in traditional deposit options.
- Streamline financial review and lease signing.
- No friction or worries around "getting your deposit back" when a lease ends.
- Any costs of our program are just part of your base rent, there is no loan or obligation to pay us back that affects borrowing capacity.
Why Is Otso Better Than Lines of Credit, Bonds or Personal Guarantees?
- No application fees or wasted time.
- We cover $1,000 to $500,000+
- Simple, nominal and flat fee structure .
- No capital is locked by the Tenant.
- No annual or renewal fees.
- Decision timing is way faster (same-day).
How Does It Work?
- Visit our pre-approval link or apply with one of our Landlords on any building you're considering.
- We share our decision, fee, and financial report with you.
- If approved, you negotiate our fee into the deal.
- The Otso agreement is executed as part of the lease agreement. Everything is electronically issued and managed by us.
When Does Otso Happen In A Deal?
Otso sits right at the LOI stage in a deal pipeline. We are typically introduced after a tenant has toured and expressed interest in the space.
How Is The Otso Fee Calculated?
Landlords pay Otso directly and pass any premium fee along to the Tenant in rent. The typical fee is based on creditworthiness and ranges from $50-80/month for every $10,000 in coverage.
Who Backs the Insurance?
Every policy is backed 100% by Accelerant Specialty Insurance Company and administered by Assurely. Accelerant holds an A-rating and AM Best Excellent Credit.
What Does Otso Cover?
Otso covers every instance of default in the leases agreement. Claims are simple, fast to upload in our secure portal and all documentation provided is in line with what would be sent to the Tenant in any default scenario.
We reimburse Landlords within thirty (30) days or less. If we pay out in a default scenario, we will seek restitution from the Tenant directly.
Links To More Resources
- Tenant Guide
- Enterprise Tenants ($100K+)
- Tenant Pre-Approval
- Click Below To Receive an Email Template You Can Easily Forward to Your Client
© Copyright 2021 • Otso Corp• Privacy Policy