In order to determine your credit limit from your bank statements, Brex will require at least one operational account and 2 months worth of statements. In order to be acceptable for underwriting purposes, these statements should be:
- Complete - statements with missing pages will not be accepted
- Unaltered - no redacted info and mark ups such as highlighting or commenting
- In PDF format - screenshots, spreadsheets, scanned copies or activity reports will only be considered for exceptions
- From business accounts only - personal bank accounts will not be accepted
- From domestic bank accounts only, and funds denominated in USD
Types of Acceptable Bank Accounts
Bank savings or checking
- Certificate of deposits will be accepted as long as their maturity is < 1 year
- Consolidated statements (i.e. one single pdf document that contains multiple accounts) will be accepted as long as each account satisfies our general guidelines
Sweep and money market accounts
- If a sweep account statement shows a $0 balance, Brex will require statements for the sweep account and the originating account
- Money market mutual funds will only be accepted if invested entirely in short-term assets
Investment/Brokerage accounts
- Brex will accept cash, cash equivalents (cash, money markets, etc.) and short-term debt securities (bonds, Treasury Bills, other types of fixed income)
- Brex will not accept equities (stocks), mutual funds, long-term debt securities, options, cryptocurrency, or any other type of security with inherent risk/market volatility