HURR FLEX is a promotional mechanic and a unique benefit of lending on HURR. FLEX aims to make rental more affordable and accessible by offering Renters discounted rates when booking across multiple categories for longer periods.

HURR and Lenders share absorption of the discount to make these savings possible, which on Flex orders, will slightly reduce the individual payout for FLEX orders. However, the increased rental volume and longer booking durations driven by FLEX will translate into higher overall earnings potential over time.

The Benefits for Lenders:

👗 More Rental Requests: Since launching FLEX in May 2024, we've seen a noticeable increase in rental requests across the platform, particularly on Peer-to-Peer rentals. More Renters are being attracted to try rental, via HURR.

⏱ Longer Booking Periods: Renters are shifting away from shorter 4-day rentals to take advantage of discounted rates for longer durations, increasing your earning potential per rental.

🛍 Bundled Rentals: With our new Multi-Item Cart, more Renters are booking multiple pieces together, often renting more than one item from the same Lender.

💰 Higher Earnings Potential: While contributing a portion of the FLEX discount, the combination of more requests, longer bookings, and bundled rentals results in higher potential earnings for Lenders.

The FLEX discount is an investment we're making to grow our renting community in 2024 and beyond. We can attract more Renters to the HURR platform, benefiting all Lenders with increased bookings and earnings over time.