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Development of a Commercial Lease Deposit Guarantee Platform
  1. case
  2. Development of a Commercial Lease Deposit Guarantee Platform

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Development of a Commercial Lease Deposit Guarantee Platform

syberry.com
Real estate
Financial services
Business services

Current Commercial Leasing Process Inefficiencies

Acme Realty Group currently relies on traditional cash deposits for commercial leases, which presents challenges including limited capital flexibility for tenants, increased risk of financial default, and a cumbersome, manual process. The lack of a secure and standardized method for verifying tenant financial credibility hinders efficient leasing and increases operational overhead.

About the Client

A forward-thinking real estate company specializing in commercial property management and leasing.

Project Goals

  • Develop a secure and scalable SaaS platform to replace traditional cash deposits with lease deposit guarantees.
  • Improve capital flexibility for tenants by enabling them to avoid tying up funds in large upfront deposits.
  • Reduce financial risk for landlords through automated credit checks and financial credibility assessments.
  • Streamline the commercial leasing process by automating key tasks such as credit checks, document management, and communication.

System Functionality

  • Lease deposit guarantee management (creation, tracking, and disbursement)
  • Automated financial credibility checks (credit score retrieval, legal entity verification)
  • Secure payment processing for guarantee funds
  • Document management (lease agreements, financial documents, etc.)
  • Automated email and notification system
  • Integration with third-party services for credit checks and e-signatures

Technology Stack

Auth0 (Authentication)
Plaid (Banking data integration)
MapBox (Mapping)
Sendgrid (Email communication)
Intercom (Customer communication)
Docusign (Electronic signatures)
Euler (Credit checks)
DocSpring (Document automation)

External Integrations

  • Plaid API
  • Euler API
  • Docusign API
  • DocSpring API
  • Sendgrid API

Non-Functional Requirements

  • High security and data privacy (compliance with relevant regulations)
  • Scalability to accommodate a growing user base and transaction volume
  • High availability and reliability
  • User-friendly interface for both landlords and tenants
  • Secure data storage and encryption

Expected Business Value

This platform is expected to significantly improve Acme Realty Group's operational efficiency, reduce financial risk, and enhance tenant relationships. By enabling tenants to avoid large upfront deposits, the platform will facilitate faster lease agreements and increase occupancy rates. The automated processes will reduce manual effort and improve data accuracy, leading to cost savings and improved decision-making. The platform will also position Acme Realty Group as an innovator in the commercial real estate market.

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