2 min read
What the statements show
Three to six months of business account activity reveals income rhythm, average balances, and how tightly the account is run. Lenders often read them through a secure open-banking feed, which is quicker and cleaner than PDFs.
What they read into conduct
Regular incoming receipts evidence turnover; unarranged overdrafts and returned direct debits suggest strain; existing loan outflows show current commitments. Good conduct — money in, controlled out, no bounced payments — supports affordability directly.
Applying
Have your last 6 months ready, or connect open banking at application. Then apply online.
Frequently asked questions
Do lenders want personal or business bank statements?
For a company loan, business account statements. A director-only micro-company with mixed banking should separate business banking before applying to keep the picture clean.
How many months of statements do I need?
Three to six months is typical. More history can strengthen the case; less can still work if the trading through the account is clearly consistent.
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