Free tool
Bank statement snapshot
No financials? Your bank statements often do the talking instead. Enter six months of business deposits and see the picture a lender forms in the first minute.
Why statements stand in for financials
When there's no recent tax return or profit and loss, a lender still needs to answer one question: does enough money come into this business, reliably enough, to meet repayments? Business bank statements answer it directly. They come from the bank, not from you or your accountant, and they show every deposit, every regular cost and how the account is managed day to day. That's why statement-based unsecured lending, typically $5,000 to $500,000 for trading businesses, is sized on turnover and bank statements rather than on formal accounts.
This snapshot mirrors the first pass a credit analyst makes. They add up genuine customer deposits, take out anything that isn't trading income, and look at four things: the average, the weakest month, the direction of travel and how bumpy the ride is. They also scan for dishonours and overdrawn days, because those suggest the account is running close to the edge.
Getting a truer number
- Strip out the noise. Transfers from your own savings, loan drawdowns, ATO refunds and owner top-ups aren't turnover. Counting them makes the average look better than a lender will accept.
- Include every business account. If card settlements land in one account and invoices in another, add both.
- Use whole months. Part months drag the average down and make the trend look worse than it is.
- Know your story. If a month was low for a reason (a holiday closure, a delayed progress claim), be ready to say so.
Low month well under the average? That isn't a deal-breaker, but it shapes the right product. A line of credit that you draw on in quiet months can suit uneven income better than a fixed loan. Read more about bank statements as income evidence, bank statement business loans, or check what else could fill your gaps with the substitute checker.
If the numbers look healthy, see what they could support. There's no credit check when you first enquire, and a real person reads the file rather than passing it around. Please give accurate figures on the form so we can match you properly.
Snapshot questions
What should I count as a deposit?
Money your customers paid the business: sales, card settlements, invoice payments and platform payouts. Leave out transfers between your own accounts, loan money, tax refunds and money you put in yourself, because a lender will take those out too.
Why does the lowest month matter?
Repayments are due every month, including the quiet ones. A lender looking at statements will ask whether the business can meet repayments in its weakest month, not just its average one.
Does this tell me how much I can borrow?
No. Unsecured options are sized on turnover and bank statements, but the amount also depends on your existing debts, your industry, how the account is run and what the funds are for. A specialist works that out with you.
My deposits are lumpy. Is that a problem?
Not by itself. Seasonal and project-based businesses often have uneven months. What helps is being able to explain the pattern, for example with contracts, a quiet-season plan or a line of credit that flexes with it.
Is anything I enter saved or sent?
No. The numbers stay in your browser and disappear when you leave the page.
Statements look good? Put them to work.
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