To determine your credit limit from your bank statements, Brex will require at least one operational business account and two 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 markups such as highlighting or commenting.
- In PDF format: Screenshots, spreadsheets, scanned copies, or activity reports will only be considered in exceptional cases.
- From business accounts only: Personal bank accounts will not be accepted.
- From domestic bank accounts only and with funds denominated in USD.
Types of acceptable bank accounts
Bank savings or checking
- Certificates of deposits will be accepted as long as their maturity is < one year old.
- Consolidated statements (i.e. one single PDF 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 and 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.