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Billing Information for Pay-Per-Lease Accounts

Lease Crunch Billing Details

First Lease Activity

LeaseCrunch uses a whole month structure to bill for leases added to Client Accounts. At the end of every month, an invoice will be issued for any new leases added to a Client Account.

Client Anniversary Month (CAM)

The first time a lease is added to a Client Account, the calendar month in which it was added is considered the Client Anniversary Month (CAM). This is the month in which all leases that are not in a Deleted status will be billed for the annual renewal.

Example:

• If a client's first lease was added on June 18th, the Client Anniversary Month (CAM) would be the month of June. On June 1st of next year, the client will receive a renewal invoice for all billable leases in their account.

Adding More Leases

If additional leases are added in the months following the Client's CAM, an invoice will be issued at the end of the month of the new leases added. The invoice is prorated from the current month to the next anniversary month.

Example: 

• A client's first lease was added on June 18th, their CAM is June. Another lease is added on February 2nd. 
• At the end of February, a prorated invoice from February to June is issued for the lease added February 2nd.
• Next June, the client will receive a renewal invoice, which will include this newly created lease, as well as all other billable leases in their account.

For additional questions, the LeaseCrunch Billing Team is available to answer your questions. Reach out directly via billing@leasecrunch.com for more information.