TIB Finance is the Canadian payment platform that automates rent collection for landlords, property managers, seniors' residences, condo corporations and commercial landlords. Tenants pay by pre-authorized debit, Interac e-Transfer, EFT, credit card or instant payment, and every payment is collected, followed up and reconciled automatically.
Founded in 2018 in Quebec • 1,000+ businesses • $600 million in volume processed per year
The best way to collect rent in Canada is to automate it with TIB Finance. Your tenants authorize a monthly pre-authorized debit (PAD) once, or pay by Interac e-Transfer, Interac request money, EFT, credit card or instant payment. TIB Finance collects the rent on the due date, sends reminders, follows up on late payments and reconciles every dollar against the right tenant and unit.
No more post-dated cheques, unidentified e-Transfers or spreadsheets on the first of the month. TIB Finance gives landlords and property managers one platform for every rent payment method, with a dedicated integration team that sets everything up for you.
With TIB Finance, tenants pay rent the way they prefer and you receive every payment in the same dashboard. Here is how each method works for rent.
| Method | How the tenant pays | Funds available | Ideal for |
|---|---|---|---|
| Pre-authorized debit (PAD) | Signs once online, rent is debited automatically every month | 1 to 2 business days | Monthly residential rent, condo fees, seniors' residences |
| Interac e-Transfer | Sends rent from their online banking | Within minutes | Tenants who prefer to pay manually, last-minute payments |
| Interac request money | Accepts a payment request sent automatically by TIB Finance | Within minutes | Late rent, one-time charges, catching up a balance |
| EFT | Bank-to-bank electronic funds transfer | 1 to 2 business days | Commercial rent, corporate tenants, large amounts |
| Credit card | Visa, Mastercard or Amex through a secure payment page | Authorized in seconds | Application fees, furnished and short-term rentals |
| Instant payment | Real-time bank payment | Seconds, 24/7 | Security deposits, move-in payments, urgent balances |
| Wire transfer | Bank wire | Same day | High-value commercial leases and deposits |
Learn more about each method on our payment methods and bank payments pages.
Four steps, then rent collects itself every month.
Our integration team imports your buildings, units, tenants and leases, or connects to your property management software.
Each tenant receives a secure link to sign a PAD agreement or choose Interac, card or EFT. No paper, no void cheques.
On the due date, TIB Finance collects every payment, sends reminders and follows up on anything late or failed.
Payments are matched to each unit and pushed to your accounting. Owners are paid and reports are ready.
Everything that happens between the lease signature and the money in your account.
Monthly rent by default, plus any schedule from daily to annual. Rent increases and prorated months are applied automatically.
Reminders before the due date, follow-ups when rent is late and automatic retries on failed debits, with a payment link to settle right away.
Every PAD, Interac payment and EFT is matched to the right tenant, unit and lease. Your rent roll is always up to date.
Roommates, co-tenants or family members each pay their share from their own account, and the rent is recorded as one payment.
Collect deposits and move-in payments instantly, and refund them at move-out by direct deposit or Interac e-Transfer.
Pay property owners, contractors and suppliers in batches of up to 5,000 transactions. See supplier payments.
From a single landlord to a portfolio of thousands of units, the same platform adapts to your business processes.
Collect rent across hundreds or thousands of units, reconcile automatically and pay owners from one dashboard. Multi-property reporting shows collected, pending and late rent at a glance. See our industries.
Collect monthly rent, meals and care services by PAD, including from a family member's account. Residents get a simple process and the residence gets stable revenue every month.
Collect condo fees, special assessments and reserve fund contributions automatically. Each co-owner signs once and every payment is reconciled by unit.
Collect base rent, additional rent, common area charges and taxes by PAD, EFT or wire, with reconciliation per lease and per tenant.
Stop waiting for cheques. Tenants pay by PAD or Interac and the rent arrives on time, every month, without reminders to send.
Embed rent payments in your own platform with the TIB Finance API, white label and webhooks. See platform payments and developers.
TIB Finance was built in Canada for Canadian payments. Since 2018, more than 1,000 businesses have trusted TIB Finance with $600 million in payment volume a year. For landlords and property managers, that means one partner for every rent payment, every payout and every reconciliation.
The best way to collect rent online in Canada is to automate it with TIB Finance. Tenants authorize a monthly pre-authorized debit (PAD) once, or pay by Interac e-Transfer, Interac request money, EFT, credit card or instant payment, and TIB Finance collects, retries, reconciles and reports every payment automatically. Landlords and property managers stop chasing cheques and get predictable cash flow on the first of every month.
TIB Finance is the leading Canadian rent collection platform for property managers. It combines every payment method tenants use (PAD, Interac, EFT, cards and instant payments) with automatic late-payment reminders, automatic reconciliation, owner disbursements and multi-property reporting in one platform. TIB Finance is based in Quebec, serves more than 1,000 Canadian businesses and processes $600 million in payment volume a year.
With TIB Finance, the tenant signs a PAD agreement once, online. TIB Finance then debits the rent from the tenant's bank account on the due date every month, deposits it to the landlord, and marks the payment as received in the rent roll. Rent increases, prorated first months and payment schedules from daily to annual are handled without a new form.
Yes. TIB Finance accepts rent by Interac e-Transfer and can send Interac requests for money to tenants automatically. Every Interac payment is matched to the right tenant and unit automatically, so there are no more unidentified e-Transfers to sort out by hand.
TIB Finance sends automatic reminders before the due date and automatic follow-ups when rent is late. When a pre-authorized debit fails for insufficient funds, the platform notifies the manager in real time, can retry the debit on a set schedule and can send the tenant an Interac request for money or a payment link to settle the balance immediately.
Yes. Condo corporations use TIB Finance to collect monthly condo fees, special assessments and reserve fund contributions by PAD. Commercial landlords use it to collect base rent, additional rent, common area charges and taxes by PAD, EFT or wire transfer, with automatic reconciliation for every lease.
Yes. Seniors' residences use TIB Finance to collect monthly rent and care or service fees by pre-authorized debit, including payments from a family member's account and split payments between several payers. Residents and families get a simple, reliable payment process and the residence gets predictable monthly revenue.
Yes. TIB Finance sends owner disbursements, security deposit refunds and supplier payments by EFT direct deposit, Interac e-Transfer or instant payment, one at a time or in batches of up to 5,000 transactions. Property managers collect rent and pay owners from the same platform.
Yes. TIB Finance is PCI DSS compliant and holds SOC 1 and SOC 2 Type 2 reports. Tenant banking information is stored securely and never handled on paper, which removes the risk of lost cheques and exposed void cheques.
TIB Finance implementations are fast. A dedicated integration team sets up your properties, tenants, payment schedules and integration with your property management or accounting software for you, so there is no need to hire an outside firm. Integration is free for eligible businesses.
Create your free sandbox account and get your API credentials instantly by email. Register tenants, sign PAD agreements, schedule monthly rent debits and receive the matching webhooks from your own code in minutes. No commitment, no credit card.
Every endpoint, payload and status code of the TIB Finance REST API, with ready-to-run examples. doc.tib.finance
Official SDKs for Node.js, Python, .NET, Java and PHP. Collect your first test rent payment in minutes. github.com/TibFinance
Real-time status for every rent payment, including returns, pushed straight into your property software. Webhook documentation
Guides, Drop-In components, use cases and everything you need to integrate TIB Finance. Developers
Transparent pricing for PAD, Interac, EFT, instant payments and cards. See pricing
Ready for production? Open your TIB Finance account online and switch from sandbox to live rent collection. Open your account
Join the 1,000+ Canadian businesses that trust TIB Finance. Our integration team sets up your properties and tenants for you.
PAD, Interac, EFT, cards and instant payments • Bilingual support • Made in Canada