How to get a business loan with a month to date bank statement

What is a month to date (mtd) business bank statement?

It is less than a full month and shows the activity since the beginning of the cycle.  The beginning of the cycle is usually the beginning of the month.

Get approved for business loans that require an activity bank statement since the beginning of the month.  Click and apply below.

Month to Date activity MTD business loans – Secure DocuSign

FAQ Frequently Asked Questions

What is a month to date bank statement?

A statement that shows the activity since the beginning of the cycle. The beginning of the cycle is usually the beginning of the month.

Why are lenders asking me for the most recent activity on my account?

Lenders want to see how your business cash flow has been since the beginning of the month. They also want to compare your current cash flow to last month and the most recent months.

What are lenders looking at in a month to date bank statement?

Lenders look at total deposits compared to previous months, the current balance and if the account is overdrawn or currently has a positive balance. They also look at average balances, the number of deposits and whether there were any overdrafts or nsf’s. Business transfers and other loans received during the month are considered.


Example of the layout lenders want for a month to date bank statement. Give them a .pdf, .jpeg or .png format. Do not give them a .csv or .text format.

   

What details in my recent activity are the lenders looking at?

Total Deposits:  Total deposits counted are deposits from true business revenue.   Transfers, rebate credits and other deposits that do not look like business revenue deposits are not counted.

Deposits:   More deposits are better than fewer deposits.  5 or more deposits on average per month is ideal. 

Overdrawn:  The loan will not close and be withdrawn with an overdrawn account.    The most recent activity shows the current balance.  Make a deposit and then provide a monthly activity statement.