What is statement underwriting?
Statement underwriting is an alternative solution to connecting your bank account to Brex when it's not possible to do so. It's allowed on a case by case basis by our support team under the following circumstances:
- Your bank is not supported by Brex.
- You're having persistent issues connecting your bank to Brex.
- You prefer not to connect your bank to Brex.
If you're having issues connecting your bank, statement underwriting is a temporary solution until the connection is fixed.
How it works
Please send Brex the following documents in order to maintain your account limit:
Once you've been approved for this alternative, Brex will email you at the beginning of each month with a secure link for uploading documents. For more details on what types of statements we accept, please read What type of statements can I use for underwriting?.
Note: The minimum cash balance requirements and/or monthly sales requirements will also increase with this alternative option.
Contact Brex Support to find out if you're eligible.
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