Business Bank Statements
Why the SBA asks for business bank statements, what they’re looking for, and how to download and upload them quickly.
WHY
The bank uses your business bank statements to confirm your company is active, has real revenue, and isn’t showing signs of distress (like overdrafts or low balances).
This helps them verify the cash flow you listed on your application and make sure your business is still operating as expected.
WHAT
Your last 3 full months of business checking account statements.
They should:
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Show your business name and account number
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Cover the last 3 full calendar months
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Be PDFs downloaded directly from your bank
👉 Statements must be from a business account—not a personal one.
HOW
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Log in to your business banking portal
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Go to “Statements” and download the last 3 full months as PDFs
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Upload them without combining files—1 statement per file is fine
- Example
📣 Pro Tips:
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Don’t upload screenshots or CSV exports—PDFs work best
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Make sure you’re pulling the actual statements, not transaction summaries
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If your bank account is new, include a note or upload whatever you have so far
FAQ – Business Bank Statements
Q: What if I use multiple business accounts?
A: Upload statements for the one you use most for business expenses and deposits—especially if it’s the one where loan funds will land.
Q: What if my statements don’t show my business name?
A: We may need a bank letter or direct deposit form that confirms the account is tied to your business.
Q: What if I just opened the account?
A: Upload whatever is available now and let us know when you expect the first full statement.
Q: Can I redact anything?
A: Try not to—but if needed, block out anything sensitive unrelated to the business (e.g., personal spending from a mixed-use account).