Funding situations

The month-to-date statement: what a late-month file needs.

Statements arrive after month-end. A funder reviewing on the 20th still wants to see the 20 days that have passed.

See What I Qualify For Call (305) 384-8391

✓ Checking what you qualify for does not affect your credit score.

The short answer

At Merchant Fund Express, here is the short answer: Late in the month a reviewer wants current activity, not only closed statements. Provide a PDF of the current period.

Why it is asked for

Closed statements are history. The current month shows today’s balance, current deposits and any new debits, which tells a reviewer what is happening now.

How to provide it

Download a transaction report or the current period from online banking

Include it as a PDF alongside the closed statements

Make sure it shows the account name and the date range

What it can change

Case	Signal	Effect
Closed months look strong	Month-to-date shows a new debit or a dip	The offer is sized to current reality

All figures in worked examples are illustrations of the arithmetic, not offers or quotes. Real terms depend on your file and the funder.

See screenshots vs PDFs and documents.

In practice

An owner applies on the 22nd and includes a month-to-date PDF showing a new debit and a strong week. The reviewer sees both and sizes the payment around the new debit. Without it the closed statements would have shown the old picture.

Source: Merchant Fund Express.

Common mistakes to avoid

Not including current activity

Sending a screenshot of it

Not showing new debits

Sending it too late

Keep reading

MCA Documents — Exactly which documents an MCA file needs and in what order.

Screenshots — Why screenshots are not statements, what a PDF has that they do not and how to get the right file fast.

How Approval Works — Step-by-step view of MCA approval and what speeds it up.

Funding Situations — Find the page that matches your funding situation.

Funding requirements —

S Corp — How an S corp is read, what to show and how pass-through income interacts with the bank account.

Multiple Accounts — How a funder reads revenue spread across several accounts, which statements to send and how to avoid undercounting.

MCA Guide — Every MCA question we publish, organized.

Common questions

Is it always required?

Late in the month, often. That is how Merchant Fund Express reads it on a real file.

Where do I find it?

Online banking, under recent activity or a custom date range.

Does it have to be a PDF?

A bank-generated PDF or export is best.

What if my balance is low that day?

Context helps; mention it.

See what you qualify for

Merchant Fund Express gives a same-day decision. Applying takes a few minutes and will not affect your credit score.

Apply Now →