How does Baselane make money?

Baselane provides Real estate banking and bookkeeping that removes the mental overhead of managing finances for multi-property owners.

In this article, we will cover

• Baselane Core vs. Smart subscription

• Banking Service fees

• Online Rent Processing fees

• Partner services

Baselane Core vs. Smart Subscription

All users can start with a 30-day trial of Baselane Smart. For full pricing details, please visit our Pricing page.

Banking Services fees

Baselane earns revenue from its banking services, similar to traditional financial institutions. We do not charge monthly fees or require minimum balances, but there are small fees for certain banking features.

This includes:

Banking Services: 

• $15 per account for checkbooks

• $2 per mailed check

• 1% fee for Same Day Outbound ACH, capped at $15 per transfer

• $15 per outbound wire 

  • Outbound wire Fee is waived if your total Baselane banking balance is $50,000 or more at the time of the wire.

Online Rent Processing fees

Baselane earns revenue from rent payment processing, depending on how payments are made:

ACH payments

• $2 ACH fee per invoice, if funds are deposited to an external (non-Baselane) bank account.

  • $2 fee waived if deposited into a Baselane banking account.

  • Landlords can choose to cover this fee or pass it to the tenant.

Debit and credit card payments

• 3.49% processing fee charged to the tenant.

  • Baselane receives a portion of this fee.

Partner services

Baselane handpicked products and services to help you save money and scale your rental business, including:

• Landlord insurance

• Renters’ insurance

• Lending solutions

• Tax preparation