Why Does a Lender Want Your Business Bank Statements?

You applied for a line of credit and the lender asked for your bank statements. Then they asked again for the pages you skipped.

A line of credit is money you draw when you need it and pay back as you go. So the lender wants to see how cash really moves through your business, and your statements show that better than your tax return does.

They're going to look at your deposits, your average balance, and whether you've had overdrafts or bounced payments. A few slow months can be fine if you can explain them.

So pull every page of every statement before you apply, even the blank ones. If something odd shows up, like a big one-time deposit, write a line about what it was.

SixtyFour West places your deal with lenders whose rules it fits.