What we offer
An alternative to traditional security deposits in the form of a smaller, non-refundable charge at activation.
Utilities improve customer satisfaction and can reduce bad debt at no additional risk, while customers gain a convenient alternative.
HOW IT WORKS
Easy implementation, simple management and, in case of default, we cover the final bill (up to 125% of the traditional security deposit).
SIMPLE | SECURE | SOLUTIONS
Utility customers get the option of a lower-cost, non-refundable, up front charge, in lieu of a traditional security deposit.
Utility follows simple guidelines to add our deposit alternative plan (DAP) to their existing systems.
Our plan provides optimal protection from defaulting customers, reduces bad debt, and is backed by an “A” rated reinsurance carrier.
We stand ready to assist with implementation, suggested sales scripts, training guides, FAQs and other resources.