An Easy Alternative For Security Deposits- Harry B. Joseph, Founder & CEO
Federal Alliance is a financial and real estate technology company.. This means that tenants do not have to deposit a lump sum of cash. We charge our subscribers a low monthly installment depending on their qualifications after a background check. If a Landlord does file a claim Federal Alliance will pay the landlord upfront on the agreed upon amount at the beginning of the lease. FA will then setup a repayment plan for tenant. Please contact our customer service team to inquire about our pricing.
We believe that everyone at our company has a responsibility to promote the highest ethical standards and comply with the law. Our commitment is geared towards creating and fostering a work environment that encourages integrity and ensures compliance with federal, state and local laws and regulations in our interactions with consumers and all other business relationships.
We are not an insurance company but a product that provides credit to tenants for low monthly installments. If a landlord makes a claim, the landlord gets paid first while the tenant repay in installments. FA makes money by charging a monthly fee for each active billing agreement. The monthly payment depends on the size of the billing agreement as well as on the risk profiles of both the landlord and the tenant. We charge this cost from the landlord and the tenant or a combination of both, depending on how the landlord wishes to set up the service.
Our staff include individuals with years of experience, dedicated to transforming the tenant-landlord relationship. Our team enjoys working in a culture where all team players work hard, have fun and can truly impact real estate.