Financial statement underwriting

OverviewGetting started


If you’re one of our customers making monthly payments, we can use financial statement underwriting to assign your account’s credit limit based on financial statements. The documents we can accept include balance sheets, income statements, and cash flow statements. Brex will evaluate the company’s year-over-year performance, including liquidity, profitability, and leverage metrics, to determine the credit limit.

Getting started

Account and card admins with access to financial documents will be notified when your next set of financial statements are due. This happens on a quarterly, semi-annual, or annual cadence. You can contact your Brex representative to confirm your account’s specific timeline. Once you receive the notification, you can upload the financials by following the instructions below: Step 1: In your dashboard, go to Accounts > Credit. Step 2: Click Manage limit > Documents. You’ll see any documents you’ve uploaded in the past, as well as any documents pending review. Step 3: Click Upload documents to follow the prompts to upload new documents. We can accept the following types of financial documents in PDF form. Converting an Excel file to a PDF may cause the columns to flow over to a second page. If this happens, please delete or hide any unneeded Excel columns to keep all content contained to a single page. A balance sheet provides an overview of a company's assets, liabilities, and shareholders' equity at a specific point in time. It gives a snapshot of what a company owns and owes, as well as the amount invested by shareholders.

HC - Financial Statement UW 01

An income statement, also known as a profit and loss statement, shows how much revenue a company earned over a specific period of time. It also details the costs and expenses associated with earning that revenue.

HC - Financial Statement UW 02

A statement of cash flow shows the amount of cash and cash equivalents entering and leaving a company. It provides information about a company's operating, investing, and financing activities.

HC - Financial Statement UW 03
HC - Financial Statement UW 04

These documents should be official, detailed, and up-to-date in order to provide an accurate representation of your company's financial health. Note: Your document can contain multiple quarters' statements in a single file.

Was this article helpful?