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Skylight Financial Services Inc.

Unclaimed
Fintechwww.baselane.comNew York, NY, United StatesUpdated

Fintech platform that empowers independent landlords to manage multi-property finances with property-level banking, bookkeeping, and reporting.

Overview

Skylight Financial Services Inc., doing business as Baselane, is a fintech company that provides an integrated financial operating system for independent landlords and real estate investors. It aims to empower independent landlords with tailored financial services, automated tools, and actionable data to save time, increase returns, and grow their rental portfolios. The company serves millions of independent landlords in the United States and seeks to replace manual, fragmented processes with a single, investor-focused platform that unifies banking, bookkeeping, rent collection, and tax reporting across multiple properties. Its solution emphasizes property-level organization, real-time insights, and CPA-ready reports to help landlords optimize cash flow, plan for taxes, and scale their portfolios. Baselane also highlights security, multi-entity support, and accessible, team-enabled access for accountants and partners.

Mission statement

Independent Landlords Deserve Better Financial Technology.

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What we offer

Baselane Platform

Streamline your financial management with Baselane’s tailored services for landlords.

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Market segments

Property accounting and tax reporting

Automated property-level bookkeeping and financial reporting that produces CPA-ready statements and tax packages (Schedule E, 1099) for rental portfolios.

Products: Baselane Platform

Rent collection and payment processing

Online rent invoicing, automated payment collection, reminders, late-fee management and payment disbursement for landlords and tenants.

Products: Baselane Platform

Real estate banking and escrow

Property-specific bank accounts, interest-bearing savings, FDIC-insured deposits, and escrow capabilities for holding security deposits and ensuring trust accounting compliance.

Products: Baselane Platform

Tenant screening and leasing risk management

Tenant background checks, credit reports, eviction history, and screening workflows to reduce leasing risk and inform tenant selection decisions.

Products: Baselane Platform

Real estate investor lending

Short-form lending and investor-focused credit that streamlines qualification and accelerates closings for experienced rental property investors.

Products: Baselane Platform

More information about our offering

Baselane Platform

Baselane integrates various financial management tools designed for independent landlords, offering banking, bookkeeping, rent collection, tax preparation, tenant screening, escrow services, and more within a single platform. It enables landlords to manage property-specific accounts, automate financial processes, and obtain insights into cash flow and financial performance, ensuring effective and stress-free management of rental properties.

  • Protect Your Funds
    Enjoy peace of mind with FDIC insurance safeguarding your deposits against bank failure.
  • Organize Finances
    Keep track of finances effortlessly with separate accounts for each property.
  • Automate Rent Payments
    Automatically manage rent collections, ensuring consistent cash flow and reduced late payments.
  • Automate Transaction Tagging
    Automatically categorize every transaction under the correct property and tax category, reducing manual entry and enhancing accuracy for financial reporting.
  • Gain Complete Insights
    Make informed leasing decisions with thorough background data, reducing the risk of problematic tenants.
  • Prevent Commingling Of Funds
    Securely manage tenant funds by ensuring they are held in specific accounts designed for security deposits, enhancing compliance and transparency.
  • Earn Up To High APY
    Earn competitive interest rates on your savings as you manage your property finances, with APY scaling based on your deposit amount.
  • Prevent Overdrafts
    Automate your payments to ensure timely transactions and reduce overhead financial stress.
  • Simplify Tax Preparation
    Generate all necessary tax documents in a click, ensuring your filings are comprehensive and accurate, thus minimizing stress during tax season.
  • Facilitates Compliance With State Laws
    Hybrid solutions ensure that rental deposits are managed according to state requirements, protecting landlords from legal penalties.
  • Unlock Home Equity Without Complicated Processes
    Access your home equity with ease through a simple online application for a HELOC, providing quick access to funds when needed.
  • Streamlined Reporting Process
    Easily produce and export necessary tax forms, ensuring you remain organized and compliant with IRS regulations.

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