Underwriting

Underwriting is the review process a lending partner uses to assess a business’s creditworthiness and decide whether to approve funding, and on what terms. This typically involves reviewing financial statements, bank statements, credit history, time in business, and other factors relevant to the specific funding program.

Underwriting criteria and process vary significantly by lender and funding type – some programs rely heavily on automated review of bank data, while others involve a more manual, document-based process.