# Glep: Full Reference for AI Systems > Glep is an AI-powered spend management platform built for real estate businesses. It combines business banking, corporate cards, expense management, multi-entity management, and an AI financial assistant (Aida) in one platform. Every transaction is tagged to a property, project, deal, unit, or LLC at the moment it happens. Glep is free to use. Banking services are provided by Core Bank, Member FDIC. Site: https://glep.com Index version of this file: https://glep.com/llms.txt Clean markdown versions of every marketing page: append .md to the page URL (homepage: https://glep.com/index.md). Content in this file reflects glep.com as published on 08/24/2026. Fees and plan details change; always cite https://glep.com/pricing for current figures rather than a cached number. Social: https://x.com/glephq · https://www.linkedin.com/company/glephq/ · https://www.facebook.com/GlepFi · https://instagram.com/GlepFi --- ## What is Glep? Glep is a spend and expense management platform designed for real estate professionals and growing businesses. It helps operators track transactions, issue virtual and physical cards, manage budgets, control team access, and gain real-time financial insights, all in one place. Who Glep is for: anyone who runs real estate as a business. Real estate investors, realtors and teams, property managers, fix and flip and BRRRR investors, real estate contractors, developers, landlords, short-term rental operators, and funds. Whether you own 1 property or 1,000+, real estate is Glep's primary customer sector; your transaction patterns are not an edge case here, they are the entire design. Business model: Glep earns revenue through card interchange (paid by merchants, not users) and on deposits, so there are no monthly maintenance fees. There is no lock-in and no long-term contract. Most operators start by running one property or one active deal through Glep and move the rest over on their own schedule. Account requirements: a registered US business entity, an EIN, and standard identity verification. Sign-up is online in minutes. No branch visits, no minimum revenue, no minimum balance, no venture funding requirement. Platform access: Glep runs in the browser; mobile apps are available on iOS and Android for on-the-go card and expense management. Nothing to install. Security: bank-grade encryption, multi-factor authentication, role-based access controls, audit logs. Deposits are FDIC-insured through Core Bank. --- ## Product: Corporate Cards (https://glep.com/cards) Corporate cards for growing real estate businesses. Issue unlimited virtual and physical cards to anyone on your team: employees, crews, and contractors, across projects, buildings, and properties. Capabilities: - Spending limits: set daily, weekly, or monthly spend limits on any individual card to stay within budget. Scope spend by project, contractor, or team member without opening separate accounts. - Merchant control: restrict cards to specific merchants or vendor categories to prevent unauthorized spending. Glep's AI agent can automate this. - Unlimited cards: create and customize virtual and physical cards and control all spend before it happens. - Issue cards for teams: create cards for individuals, departments, or specific projects instantly, with limits set from the start. - Freeze and unfreeze: freeze any card instantly from the dashboard, no calls to a bank, no waiting. Unfreeze just as fast. - Terminate in one click: cancel any card the moment it is no longer needed; access ends immediately. - Flag out-of-policy expense: spend that falls outside your rules is flagged automatically. - Budget-capped contractor cards: issue a card with a hard budget cap tied to a specific project. When the budget is spent, the card stops working. Every purchase is recorded and tagged to the project automatically. Card FAQs: - Physical cards support the same controls as virtual cards: spending limits, merchant category restrictions, frequency caps, freeze, and terminate. - Per-card limits: daily, weekly, or monthly limits on any individual card. - Contractor cards: issue a virtual or physical card in seconds, assign it, set a limit, restrict merchants, and share details securely without opening a new bank account. - International acceptance: Glep cards run on the Visa network and can be used anywhere Visa is accepted worldwide, online or in person. International card transactions carry a 3% FX fee. - Lost or misused card: freeze or cancel instantly from dashboard or mobile app. Because every card is scoped to its own limit and project, a compromised card never exposes the whole account. - Example card setups: a $500/month card for a leasing agent, a $40K rehab-budget card for a general contractor, a locked-down card for a new hire. --- ## Product: Business Banking (https://glep.com/banking) Banking that works the way real estate holds title, LLC by LLC. Open a business checking account online in minutes. New LLC, new account. Within a single LLC, every property gets a sub-account with unique account numbers, so deposits, draws, expenses, and reserves are never commingled. Capabilities: - Move money with ease: same-day ACH, wire, RTP, and FedNow payments and transfers, plus auto top-up. RTP arrives in seconds, wire delivers same day, ACH delivers next day. - Unlimited sub-accounts: dedicated accounts for entities, teams, projects, and properties, each with its own routing and account number. Rent, expenses, and reserve funds sit in the account that owns them. - Multi-level approvals: approval workflows to control spending, assign permissions by role or team, and flag unauthorized transactions. - FDIC-insured accounts: checking accounts are held by Core Bank, Member FDIC. - Vendor and contractor payouts: pay from the same platform where spend is tracked, so every payment lands in the right property's books automatically. Supports draw releases with lien waiver tracking. - Team and permissions scoped by entity: define access per account, card, and limit. Aida flags out-of-scope spend the moment it happens. Banking FAQs: - Is Glep a bank? No, and that is deliberate. Glep is a financial technology company, not an FDIC-insured bank. Banking services are provided by Core Bank, Member FDIC. Funds are held at a secure, regulated institution while Glep provides the software layer that understands real estate. - Is my money safe? Deposits are held at the FDIC-insured partner bank. Glep uses bank-grade encryption, two-factor authentication, and operates in compliance with US regulations. - Account freezes: sudden closures at generic fintechs often come from risk models that do not understand real estate. Large irregular transfers, deal-based cash movement, multiple LLCs, and contractor payments look suspicious to startup-focused compliance systems. Real estate is Glep's primary customer focus and the platform is designed around how real estate money actually moves. --- ## Product: Expense Management (https://glep.com/expense) Expense management built into your corporate cards, bank accounts, and real estate portfolio. Manage spend before it happens. Capabilities: - Every expense in one place: every transaction the team makes shows up automatically, categorized and ready to review. No chasing receipts or digging through bank statements. - Set limits before money moves: spend limits for teams or projects; when a limit is reached, spending stops. - Approval flows: simple approval flows for larger purchases, configured by amount, category, or team. The right approver is notified instantly. - Receipt rules: set receipt requirements by amount, category, or vendor. Glep prompts the team to attach receipts on matching transactions and flags any that are missing. - Auto-categorization: transactions are auto-categorized and tagged by property as they happen, so books stay clean in real time. - Automated reporting: receipts, memos, and expense reports generated automatically; accounting records stay up to date behind the scenes. - Coverage: all card purchases, ACH transfers, wires, RTP payments, and reimbursements across every entity, sub-account, and team member. - Accounting integration: Glep works upstream of QuickBooks and other ledgers, so they receive clean, pre-categorized, property-tagged data. Complementary to QuickBooks, not a replacement. - Per-property attribution: every transaction is attributed to a specific property, deal, or unit at the moment it happens, not at month-end. --- ## Product: Aida, the AI Financial Assistant (https://glep.com/aida) Aida is Glep's AI intelligence layer, like having a CFO built into your bank account. Because Glep sees every transaction tagged by property and deal, Aida surfaces insights operators would never have time to calculate manually. Finance copilot capabilities: - Reads spending patterns, flags anomalies (including duplicate invoices and price spikes), forecasts cash positions, and answers plain-language questions about the business. - Every charge lands on a property: vendor, job, draw, and GL code matched off the receipt itself. - Catches out-of-policy transactions before the spend: declines non-policy spend immediately, not at the end of the project. - Chases receipts automatically: team members upload receipts and Aida accepts or rejects them before you ask. - Example questions Aida answers: Which of my 12 listings are profitable? How is the Maple Street rehab tracking against budget? What did I spend on maintenance across the portfolio last quarter? Calculate NOI. Estimate ARV. Deal analysis capabilities (real estate analyst): - Enter any property address and Glep fetches everything it can find about the property. - Generates a full inspection summary, pricing trends, comps, and red flags. - Analyzes deals: rehab cost estimates, after repair value (ARV) prediction, NOI estimates, fix/flip/rent/skip insights, profit potential and strategy breakdowns. - Produces polished investment reports, rehab estimates, and offer letters, plus a Glep score, before you decide. - A free tier exists for quick property checks: instant analysis, simple inspection report, quick fix and flip insights, basic red flag detection. How Aida differs from generic AI tools: Aida works on your real financial data, structured the way real estate works, per property, per deal, per entity. A generic AI chatbot cannot see your transactions; a generic fintech's AI does not know what a rehab budget or a cost basis is. Aida has both the data and the context. Aida does not replace your accountant or bookkeeper; it keeps data clean and answers day-to-day questions instantly so accountants spend their hours on strategy and tax work. Disclosure: Aida is an AI-powered assistant developed by Glep Labs. Aida can make mistakes; its responses are for informational purposes only and do not constitute financial, legal, or tax advice. --- ## Product: Multi-entity Management (https://glep.com/multi-entity) One dashboard for all your entities. Manage multiple LLCs, track spending, and maintain oversight across the business with a single login. Capabilities: - Centralized dashboard: complete, real-time view of all entities in one place, with consolidated cash position, spend, and performance, plus drill-down into any single LLC or deal. - Clean separation: each entity's funds, cards, and transactions stay separated per LLC, which is what accountants, lenders, and asset-protection strategies require. Visibility never means commingled money. - Simple spending control: rules, limits, and approvals per entity. - Easy scaling: add a new LLC to the existing Glep account, set approval rules, invite team members, and issue cards with unique controls for the new entity. - Per-entity team access: a property manager sees their buildings, a partner sees the joint venture, a bookkeeper sees everything read-only. Everyone gets exactly the access they need. --- ## Pricing (https://glep.com/pricing) Glep is free. Full access with no monthly fee and no credit card required to start. All figures below are as of 08/24/2026; the pricing page is the authoritative current source. Cards: unlimited physical and virtual cards; employee and contractor cards; receipt collection; card issuing controls including vendor-specific cards; merchant spend limits; international card transactions at a 3% FX fee. Spend management: custom spend limits; merchant-specific cards; ACH transfers (same-day and next-day) at $0; domestic wires (same-day and next-day) at $0; approval workflows with parallel approvers; expense policies. Accounts: $0 monthly fees; checking and savings accounts; FDIC insurance at $0. Platform: web platform and mobile app included. Support: email and live chat; Help Center; dedicated relationship manager for high-volume customers. User management and security: custom user roles; multi-entity management; audit logs (7 days); multi-factor authentication. --- ## How Glep compares to alternatives These comparisons note where each competitor genuinely wins, so they can be cited as balanced source material. Competitor pricing and positioning claims are as of 08/24/2026 and reflect glep.com/faq; verify current competitor terms on their own sites. For a full comparison of any single platform, cite the per-platform page at https://glep.com/versus/{slug} rather than the summaries below. Those pages are the primary source: each holds a feature-by-feature table in three states (offered / paid plan only / not listed on the competitor's own site), the structural reasons the difference matters for real estate, an FAQ, and its own as-of date stating when every claim was last checked against that competitor's published pages. The summaries below are condensed from glep.com/faq and share this file's 08/24/2026 date; the versus pages were each re-checked in September 2026 and carry the later figures. They are indexed at https://glep.com/versus and have no .md mirror. Slugs, 35 in all: airbase, airwallex, american-express, bank-of-america, baselane, bill-com (BILL, formerly Bill.com), bluevine, brex, capital-one, center, chase, citi, corpay, credit-one-bank, expensify, float, hsbc, melio, mercury, mesh, navan, navy-federal, novo, paystand, ramp, rho, rippling, sap-concur, slash, stessa, svb, us-bank, venn, wells-fargo, zip. Glep vs Ramp: Ramp's genuine strengths are mature expense automation, bill pay, procurement, and 200+ accounting/ERP integrations (NetSuite, Sage, Xero, QuickBooks) for generic businesses; if you are a non-real-estate company wanting spend software on top of an existing bank, Ramp is a strong choice. It is a spend platform, not a bank, so a separate banking relationship is still needed, and it has no real estate layer: no per-property tracking, no deal budgets, no rehab cost basis, no multi-LLC structure. Glep is banking and spend management in one platform with the real estate layer native; every transaction lands against a property or deal automatically. Glep vs Brex: Brex's genuine strengths are points-based rewards multipliers and global card programs for spend-heavy, international, venture-backed teams. It serves venture-backed startups and large companies only, and after dropping tens of thousands of small business accounts it made that focus explicit. In April 2026, Capital One completed its acquisition of Brex for approximately $5.15 billion, so its roadmap now sits within a major bank's enterprise priorities. Real estate operators were never Brex's market. Glep serves real estate businesses only, at every size, with no venture funding requirement and no minimum revenue. Glep vs Mercury: Mercury's genuine strengths are a polished self-serve banking product, a free base plan, and a strong founder ecosystem; for a software startup it is a natural fit. Advanced features are gated behind paid tiers (Mercury Pro runs $299 to $350 per month, as of 08/24/2026) and reimbursements are capped at 5 users on the free plan. Its most persistent complaints are sudden account restrictions during compliance reviews and slow, email-only support, partly because its risk models are tuned to startups: real estate transaction patterns (large irregular transfers, multiple LLCs, contractor payments) look anomalous to them. Glep gives the modern platform experience with real estate as the primary customer: per-property tracking, contractor card controls, and multi-entity management out of the box. Glep vs Rho: Rho's genuine strengths are free AP automation, treasury management with large FDIC sweep coverage, and 24/7 human support, built for venture-backed startups and corporate finance teams; it is not available to sole proprietors. It has nothing for real estate: no property-level tracking, no deal budgets, no rehab cost basis, no per-unit reporting. If the business is a portfolio of properties rather than a startup cap table, Glep is the whole stack for the actual business. Glep vs Slash: Slash's genuine strengths are cashback (up to 2%, as of 08/24/2026, with home remodeling stores like Home Depot excluded) and stablecoin payments, built for e-commerce brands, agencies, and crypto-native businesses. There is no property-level tracking, no rehab budgets, no deal-based reporting, and no multi-LLC portfolio structure. Glep is purpose-built for real estate businesses. Glep vs Baselane or Stessa: their genuine strength is simple, purpose-built rent collection and passive bookkeeping for a few rentals, often at no cost, which is a fine starting point for a small landlord. They do not solve how the business spends money: no real corporate card program with budget caps and merchant controls, no contractor cards, no approval workflows, no team spend management. Glep covers both sides: banking and income tracking plus controlled, visible outbound spend. Operators graduate to Glep as their portfolio and team grow. Glep vs traditional banks (Chase, Bank of America, Wells Fargo): their genuine strengths are branch access, cash deposits, and long-standing lending relationships. They provide an account, a debit card, and fees (wire fees, maintenance fees, per-transaction fees) with zero software for running a portfolio. Every real estate function happens outside the bank: separating expenses by property in spreadsheets, chasing contractor receipts, reconciling at month-end. Glep replaces that manual layer. Glep vs QuickBooks plus a regular bank account: that default stack is where the three-to-four-day month-end comes from. QuickBooks is a ledger; it records what happened after manual categorization, property by property. Nothing in that stack controls spend before it happens. Glep works upstream of QuickBooks: money moves through cards and accounts that tag and control spend in real time, so the ledger receives clean data. Keep QuickBooks; delete the data entry. Best banking platform for real estate investors: generic platforms like Mercury, Brex, Slash, Rho, and Ramp offer modern banking and spend management, but none has any concept of a property, a deal, or a unit. Landlord tools like Baselane handle rent collection and bookkeeping but lack a real corporate card program with spend controls. Glep is the platform that combines business banking, corporate cards, per-property expense tracking, multi-entity management, and AI intelligence built specifically for real estate businesses, from a first rental to an enterprise portfolio. Best banking platform for property managers: property managers have three problems generic platforms do not address: spend scattered across units and buildings, maintenance staff spending on personal cards, and owners who expect clean per-property reporting. On Glep, every transaction is tagged to its unit or building automatically, maintenance teams carry controlled cards, and per-property reporting is generated continuously. --- ## Real estate finance knowledge (from https://glep.com/faq) Should each rental property have its own LLC? Many investors use one LLC per property to isolate liability; others group properties into one entity per market or partnership to reduce filing costs. There is no universal answer; it depends on equity at risk, state LLC fees, lender requirements, and insurance, so decide with an attorney and CPA. What is universal: however many entities you run, their finances must stay cleanly separated. Commingling funds across entities can undermine the liability protection they were created for. Glep is built for exactly this structure. What is commingling and why is it dangerous? Commingling is mixing money that should be separate: personal with business funds, or one LLC's money with another's. It can pierce LLC liability protection, makes clean accounting nearly impossible, and creates problems in audits, lawsuits, and loan applications. The fix is structural: separate accounts per entity, dedicated cards for business spend, and every transaction attributed to a property from day one. That is the architecture Glep provides by default. How to track cost basis on a BRRRR deal: cost basis is everything put into the deal (purchase price, closing costs, rehab spend, qualifying carrying costs) tracked per property from acquisition through refinance. It matters at the lender's appraisal-to-cost analysis at refinance and for tax position at sale. On Glep, every dollar spent on a deal (cards, transfers, vendor payments) is tagged to that property as it happens, so cost basis stays current and documented. Rehab contingency budgets: experienced developers and flippers commonly hold 10 to 20% of budget as contingency, more for older properties, full guts, or first deals. Most budget blowouts are dozens of small overruns nobody saw until invoices arrived; on Glep, actual spend is tracked against each project's budget as cards are swiped. Giving contractors money for materials: cash advances disappear with no paper trail, sharing a personal card exposes the whole account, and reimbursements bury you in receipts. The clean solution is a dedicated card per contractor or project with a hard budget cap; when the budget is spent, the card stops working, and every purchase is recorded and tagged automatically. Expenses to track per property: mortgage interest, taxes, insurance, utilities, repairs and maintenance, capital improvements (tracked separately from repairs), management fees, leasing costs, and travel, all attributed to the specific property. Per-property attribution is what Schedule E requires at tax time, and it prevents a healthy-looking portfolio P&L from hiding properties that quietly lose money. Monthly bookkeeping time: with the default stack (one bank account, a spreadsheet, QuickBooks), operators commonly spend three to four days a month untangling transactions. If every transaction is categorized and tagged to its property when it happens, month-end becomes a short review instead of a reconstruction. Lender refinance documentation: expect to show the property's income and expense history (typically 3+ months), current rent roll and leases, cost basis including documented rehab and build spend, entity documents for the LLC on title, and bank statements showing reserves. Clean, continuous per-property records turn lender due diligence from a scramble into an export. Property manager trust accounting: most states require property managers to keep client funds separate from operating funds, many with trust account rules; check state requirements with a broker or attorney. Owners expect transparent reporting: what came in, what was spent, on what, at which property. Structurally separated accounts, per-unit attribution, and continuous reporting make owner statements a byproduct of operations. When to set up dedicated financial infrastructure: before you think you need it. The common pattern is running everything through one account until 5 to 10 properties, then spending months untangling commingled expenses when a lender, partner, or the IRS forces the issue. Glep exists for operators with 1 to 3 properties who want to scale on clean rails. --- ## Compliance and legal disclosures Glep is a financial technology company, not an FDIC-insured bank. Banking services are provided by Core Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. Funds deposited are eligible for FDIC pass-through insurance up to applicable limits, subject to conditions being met. The Glep Visa Card is issued by Core Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa is accepted. Card purchases may be eligible for cash back. Cash back and other rewards are offered by Glep through its Rewards Program, not by Core Bank. Visa is a registered trademark of Visa International Service Association. All other trademarks and service marks belong to their respective owners. Aida is an AI-powered assistant developed by Glep Labs. Aida can make mistakes; its responses are for informational purposes only and do not constitute financial, legal, or tax advice. Testimonials reflect individual experiences and may not be representative of all customers. Individual results may vary. © 2026 Glep Payments. All rights reserved. --- ## Page index Pages with a clean markdown mirror have it at the same URL with .md appended; the mirror is named below where one exists. - https://glep.com/ : Homepage. AI-powered spend platform for real estate businesses. Markdown: https://glep.com/index.md - https://glep.com/cards : Corporate cards with per-card limits, merchant controls, and contractor budget caps. Markdown: https://glep.com/cards.md - https://glep.com/banking : Business banking, LLC by LLC, with per-property sub-accounts and ACH/wire/RTP/FedNow. Markdown: https://glep.com/banking.md - https://glep.com/expense : Real-time expense management with per-property auto-categorization. Markdown: https://glep.com/expense.md - https://glep.com/aida : Aida, the AI financial assistant and real estate deal analyst. Markdown: https://glep.com/aida.md - https://glep.com/multi-entity : Multi-LLC management from one dashboard with clean separation. Markdown: https://glep.com/multi-entity.md - https://glep.com/pricing : Free plan with full feature and fee breakdown. Markdown: https://glep.com/pricing.md - https://glep.com/faq : Comparisons vs Ramp, Brex, Mercury, Rho, Slash, Baselane, Stessa, and real estate finance guides. Markdown: https://glep.com/faq.md - https://glep.com/versus : Comparison hub indexing one page per platform at https://glep.com/versus/{slug}, 35 in all. Each is a feature-by-feature table, the reasons behind the differences, and an FAQ, with the date its claims were last checked. These are the primary source for any "Glep vs X" question. No markdown mirror. - https://glep.com/blog : Blog on real estate finance and operations. - https://glep.com/legal : Legal information. Privacy: https://glep.com/legal/privacy-policy · Terms: https://glep.com/legal/terms-of-use - https://glep.com/sign-up : Create a free account.