Quext Launches Equipment Leasing Program FlexCapital, Making Multifamily Living Affordable and Innovative

In a groundbreaking move, FlexCapital, a service offered by Quext, has officially launched, ushering in a new era of multifamily living. This innovative program, designed as a streamlined technology equipment leasing solution, is set to transform the landscape for multifamily property owners and operators.

FlexCapital empowers property owners and operators to seamlessly finance and bundle Quext IoT’s cutting-edge hardware with comprehensive management SaaS, multi-year warranties, top-tier customer support, and maintenance services, all consolidated into one affordable and convenient monthly payment. This forward-thinking approach eliminates the financial strain of upfront capital investment, offering a lifeline in a climate defined by economic challenges.

“In today’s world, residents expect elevated living experiences, and FlexCapital is the answer,” states Wes Hobgood, President of FlexCapital. “By providing the financing to access the latest IoT technology, property owners can curate living spaces that are not only smart but deeply engaging for their residents. This is a testament to the value it brings to both property professionals and the communities they serve.”

FlexCapital has proven to be particularly advantageous for owners of existing multifamily properties. These individuals desire the latest smart technology for their residents but lack the resources to invest in these value-add opportunities. With Quext IoT’s ease of installation on existing properties and a simplified transaction and approval process compared to traditional banking institutions, FlexCapital is now the go-to solution for multifamily property owners and operators.

“Smart apartment solutions like Quext IoT are among the most sought-after amenities for apartment renters,” says Dave Gilles, CEO of Madera Companies, the parent company of Quext Financial. “FlexCapital not only addresses the capital question but also empowers property owners to drive operational efficiencies and increase their revenue streams.”

By substantially increasing the value of multifamily properties and creating new net operating income opportunities, Quext IoT has convincingly demonstrated the value of its comprehensive solutions. FlexCapital is a testament to customer-centric innovation and industry leadership, designed to address operational and strategic challenges faced by property owners and operators, all while upholding core values of caring for others, communities, and constant improvement.

FlexCapital represents a revolutionary approach to leasing, empowering multifamily property owners and operators to seamlessly integrate IoT technology into their properties, driving operational efficiencies, bottom-line growth, and innovative living experiences for residents. With its bundled offering, FlexCapital overcomes budgeting and installation challenges, making it the preferred financing solution for the multifamily industry.

Quext and its subsidiary, Quext IoT, have pioneered groundbreaking innovations in smart technology, simplifying complex decisions. With a focus on people-centric solutions, they are at the forefront of reimagining apartment technology. Their commitment to providing seamless, all-in-one solutions makes them a driving force in the proptech industry, enhancing the living experiences of communities across the nation.