What is statement underwriting?

Statement underwriting is an alternative solution to connecting your bank account to Brex when it is not possible to do so. It is accepted on a case by case basis by our support team under the following circumstances:

If you are having issues connecting your bank to Brex, statement underwriting is a temporary solution until the connection is fixed.

Because Brex will not have visibility into your updated cash balance, you will need to send Brex the following documents in order to maintain your account limit:

Once you have been approved for this alternative, Brex will reach out to you via email at the beginning of each month with a secure link for uploading. Please note that the minimum cash balance requirements and/or monthly sales requirements will also increase on this alternative.

Please reach out to our support team to find out if you are eligible.