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At Baselane, our focus revolves around three core features: our banking product, rent collection service, and integrated bookkeeping solution. When you create a Baselane profile, you have the flexibility to tailor your experience by selecting the products that best suit your needs. Below, we outline some key features offered by our products.
Baselane Banking:
- Maximize your earning - Earn up to 3.77% APY* and unlimited 1% cash back (5% on home improvement spending)
*See here for more details on the APY and how it is calculated - Streamline your finances - Create unlimited virtual accounts and cards, for each property or unit and create seperate accounts for security deposits
- Take control of your spend - Physical & virtual debit cards with custom spend controls and automated transaction tagging by Schedule E
- Simplify payments - Free ACH and wires. Have Baselane send checks on your behalf.
- Automate Rent & Accounting - Baselane Banking is seamlessly integrated with Baselane’s rent collection, accounting, and reporting tools to manage everything in one place.
- No monthly fees or minimum deposits
Book Keeping:
- Cash management services, including one-click bookkeeping and insights around your revenue and expense
- Automated property performance metrics to help you make the best investment decisions and increase your returns
- Generate and analyze financial reports including Net Operating Income, Net Cash Flow and many more custom reports
- Say goodbye to spreadsheets with one simple, consolidated ledger for all your transactions
- Automated property performance metrics to help you make the best investment decisions and increase your returns
Rent Collection:
- Automated and fast rent collection hub for your tenant to pay rent via debit/credit card and ACH on QuickPay (Beta) to receive your payments in as little as two business days
*See here, for more details on how QuickPay (Beta) works - Get paid on time and apply late fees. We send automated payment reminders to your tenants so you don’t have to
- Modern platform for tenants to pay rent on any device. Tenants can pay by ACH bank transfer or debit/credit card, and can easily enroll in auto-pay
- Simple to set up for landlords and tenants. Getting started takes less than 5 minutes
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