Obligo

### **Obligo: Revolutionizing Rental Payments in Downtown Manhattan****Obligo**, located at 900 Broadway, New York, NY 10003, is a cutting-edge software company based in the heart of Downtown Manhattan.

This innovative business is transforming the rental industry by providing modern solutions to simplify and streamline financial interactions between landlords and tenants.

With a focus on eliminating outdated processes and enhancing transparency, Obligo has positioned itself as a leader in the property technology (PropTech) sector.#### **What Does Obligo Do?**Obligo specializes in offering deposit-free rental solutions that benefit both landlords and tenants.

Traditionally, renting an apartment required tenants to pay hefty security deposits upfront, which often created financial strain. Obligo’s platform eliminates this need by allowing tenants to rent without cash deposits while still ensuring landlords are financially protected.

By leveraging advanced technology and secure payment systems, Obligo provides a seamless alternative that fosters trust and convenience for all parties involved.The company’s services are powered by its proprietary software, which integrates directly with property management systems.

This integration allows landlords to manage their properties more efficiently while giving tenants greater flexibility when moving into new homes. Obligo’s mission is to create a fairer and more accessible rental experience by removing unnecessary barriers.#### **How Does Obligo Work?**Obligo operates using a simple yet effective model.

Instead of requiring tenants to pay traditional security deposits, the platform offers them the option to provide a secure billing authorization backed by their bank account or credit card.

In case of damages or unpaid rent at the end of the lease term, landlords can recover funds through this authorization without needing to hold large sums of money upfront.For landlords, this system reduces administrative burdens associated with managing security deposits while improving tenant satisfaction.

For tenants, it means more financial freedom .spinner_b2T7 { animation: spinner_xe7Q .8s linear infinite } .spinner_YRVV { animation-delay: -.65s } .spinner_c9oY { animation-delay: -.5s } @keyframes spinner_xe7Q { 93.75%, 100% { r: 3px } 46.875% { r:.2px } }