Case Study: Lonsdale Mini Storage saves time and improves collections with Storable Collections

Lonsdale Mini Storage saves 10 hours a month with Storable Collections

Lonsdale Mini Storage, a family-owned self-storage facility with 220 units, faced a persistent operational challenge with its manual rent collection process. This time-consuming task required staff to individually track overdue accounts and contact tenants through multiple channels. To solve this, the company implemented Storable Collections from the vendor Storable.

The solution from Storable automated payment reminders and follow-ups, which successfully enrolled over 70% of tenants into autopay. This resulted in Lonsdale Mini Storage reclaiming up to 10 hours per month previously spent on collections, ensured predictable on-time revenue, and improved cash flow management.

Lonsdale Mini Storage