Easy Integration & Management
The Deposit Alternative Plan (DAP) integrates easily into existing systems and requires no confidential data or real-time information exchange.
Ready to transform your service activation process with the Deposit Alternative Plan?
It all starts with our Historical Data Request. In order to model the impact DAP can have on your business we'll need at least 5 years of customer activations, with a maximum of nine fields for each record, as outlined in our Historical Data Template File
Historical Data Review
Once we’ve received this data, we'll complete our analysis and schedule a meeting to review the findings. Even if you don’t choose to implement DAP, our analysis provides valuable insights into your deposit environment.
The Deposit Alternatives Plan requires minimal or no changes to your established billing, termination, or collection procedures.
Once enabled, the customer is offered a choice at the time of service activation: DAP, a lower non-refundable charge, or a traditional refundable security deposit.
Your team collects either the traditional security deposit or the DAP charge through the same process. There are no extra or alternative steps required!
Collect DAP Charge
New DAP enrollees and defaults are shared monthly through one simple form. If a DAP enrollee defaults, Deposit Alternatives reimburses up to 125% of the traditional deposit amount.