Can I be underwritten based on my financial statements? ​​

Yes. 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.

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.

In your dashboard

Once you receive a notification, you can take action by either tapping the notification directly or going to your dashboard to upload documents.

Step 1: 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:

Balance sheet: This document 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.

Income statement: Also known as a profit and loss statement, this document 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.

Statement of cash flow: This document 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.

These documents should be official, detailed, and up-to-date in order to provide an accurate representation of your company's financial health.

Note: It’s okay if your document contains multiple quarters' statements in a single file.