Rents Fees & Checks

Rent is due on the 1st of each month. The Brass Lantern will take out the rent payment and applicable fees from the previous month’s sales. if there is a balance, we will send an invoice and the credit or debit account you provide will be charged for the balance automatically. In the event the credit or debit card is declined, the balance should be paid promptly though a five-day grace period is provided. Once defaulted, your account will be turned over to a collection agency for them to handle from that point on. This may impact your credit score. 

Depending on your vendor business plan, a pre-agreed on commission on total sales will be deducted from each payout which is primarily used to cover the costs of the sale like credit card fees, bags, wrapping paper, and staffing. Payout will be issued on the 1st of the month. The amount will be your total sales, minus the agreed upon commission, and the next month’s rent.

For Vendors Who Opt Out Of The Direct Deposit Program: 

For vendors who opt out of the direct deposit program and want a physical check, checks can be picked up at the front desk. Should the payout happen during a weekend, checks will be available the following Monday.