Baselane is the only platform that gives you a purpose-built primary banking account with fully integrated rent collection and bookkeeping to put you in complete control of your rental finances.
Baselane is a financial technology company and is not a bank. Banking services provided by Thread Bank, Member FDIC. FDIC insurance available for funds on deposit through Thread Bank, Member FDIC. Pass-through insurance coverage is subject to conditions.1
Baselane offers an integrated banking, rent collection, and bookkeeping platform with no minimum balances or monthly fees. Stessa reserves premium features for subscribers who pay up to $35/month.
Baselane is built from the ground up to be the primary banking account for your real estate business, with robust features to organize your money, manage expenses, pay bills, and earn rewards.
Stessa’s banking offering is intended as a cash management account to set aside surplus funds.
APY Interest and Cash Back on Debit Cards | Up to 3.56% APY2 Up to 5% Cash Back3 | 2.83% APY 4.58% APY ($35/mth) 1.1% Cash Back |
Unlimited Entities + Unlimited Accounts Per Entity | ||
Unlimited Virtual Cards with Spend Controls | ||
No-Fee ACH and Wire Payments with Recurring Payment Rules | ||
Checkbooks and Print-to-Mail Checks |
Whether you have 1 unit or 100, Baselane is built with rent collection at its core. Save hours each month and increase on-time payments.
Stessa’s rent collection offering is more limited. Tenants have limited payment flexibility and you can only collect rent into Stessa cash accounts, not external accounts.
Flexible Rent Collection | Rent Collection to Baselane & External Accounts | Rent Collection to Stessa Accounts Only |
Flexible Tenant Payment Options | ACH, Debit & Credit Card | ACH Only |
Ability to Block Partial Rent Payments | ||
Fast Rent Payments | Paid Subscribers Only | |
Advanced Lease Terms & E-Signing |
Baselane’s comprehensive bookkeeping suite is fully integrated with our banking and rent collection platform in one, beautifully designed and easy-to-use experience. Enjoy all bookkeeping features at no cost.
Stessa’s bookkeeping is more complex to navigate and not fully integrated with banking or rent collection. Advanced reports such as Schedule E are only available to paid subscribers.
Seamless Integration between Bookkeeping, Banking and Rent Collection | ||
Property and Unit Level Tagging | ||
Automated Expense Tagging with Virtual Cards | ||
Schedule E Reporting | Paid Subscribers Only | |
Modern and User-Friendly UI/UX |
“Setting up the rent collection on Baselane was so smooth! I’m a first time landlord and didn’t know where to start but I found Baselane and the rest is history!”
“I love collecting rent on Baselane. I previously used Zelle, but couldn’t collect rent directly into business accounts. I’ve solved this problem with Baselane!”
“This is easily the the best quote I have received. I get everything I need and want covered at an extremely attractive rate. The best part…it only took me 5-minutes!”
Free |
Essentials Tier: Free Manage Tier: $15/mth Pro Tier: $35/mth | |
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Banking | ||
Built for Property Managers | Cash Management Account | |
APY Interest | Up to 3.56%2 (no monthly fees) | 3.14% Essentials/Manage Tier 5.09% Pro Tier ($35/mth) |
Cash Back on Debit Cards | Up to 5%3 | 1.1% |
Unlimited Entities | ||
Unlimited Accounts Per Entity | ||
Unlimited Virtual Cards with Spend Controls | ||
ACH Payments | One-time and Recurring | |
Check Payments | Checkbooks and Print-to-Mail Checks | |
Wire Payments | Free | $5 per Outbound Wire |
Payee Management with Automated and Recurring Payment Rules | ||
Same-day ACH Transfers to Linked Accounts | ||
Rent Collection | ||
Built for Rent Collection | Rent Collection to Baselane & External Accounts | Rent Collection to Stessa Accounts Only |
Fast Rent Payments | Paid Tier Only | |
Flexible Tenant Payment Options | ACH, Debit & Credit Card | ACH Only |
Ability to Block Partial Rent Payments | ||
Advanced Lease Terms (e.g. add additional fees) | ||
Integrated Lease Signing | ||
Secure Tenant Portal | ||
Bookkeeping & Accounting | ||
Seamless Integration Between Banking, Bookkeeping and Rent Collection | ||
Property and Unit Level Tagging | ||
Automated Tagging with Virtual Cards | ||
Schedule E Reporting | Paid Tier Only | |
General | ||
Modern and User-Friendly UI/UX | ||
Live Chat and Phone Support | Paid Tier Only |
Schedule a call, send an email, or chat live with our customer support experts who speak real estate.
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Upgrade your banking experience with Baselane Banking.
© 2024, Skylight Financial Services Inc. (Baselane). All Rights Reserved.
Baselane is a financial technology company and is not a bank. Banking services provided by Thread Bank, Member FDIC. The Baselane Visa Debit Card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted. FDIC insurance is available for funds on deposit through Thread Bank, Member FDIC. Pass-through insurance coverage is subject to conditions.
1Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact customerservice@thread.bank with questions regarding the sweep program. Pass-through insurance coverage is subject to conditions.
4Some states require an interest-bearing escrow account for security deposits while some don’t require interest. User is responsible to check state laws along with rules for collecting and reimbursing a refundable security deposit. A brief overview of security deposit laws for escrow accounts in all 50 states can be found here.
*All testimonials, reviews, opinions or case studies presented on our website may not be indicative of all customers. Results may vary and customers agree to proceed at their own risk.