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Why are my management accounts required?
Why are my management accounts required?
Updated over a week ago

At times it is necessary to provide insights into your Management Accounts to proceed with your funding request. If it is not possible to connect your management account directly, we will request documents instead. If we do not receive the requested information for the requested period and format, you risk delaying your application.

Management account documents will be accepted which:

  • Present both the P&L and Balance Sheet on a monthly basis

  • Show the previous 12 months

Your accounting data lets us look at your company’s profits, losses and balance over time.

This, together with your banking data, gives us important information about the overall financial health of your business and helps to inform our funding decision.

Your data is secured in encrypted databases. View our privacy notice to learn more.

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