Bank Statement Business Funding in Miami

Bank Statement Funding — Simple & Fast

Traditional business funding requires a mountain of paperwork: 2 years of tax returns, a current P&L, a business plan, collateral documentation, and a personal financial statement. The process takes weeks or months, and at the end of it, you might still get declined based on a credit score that has nothing to do with your business performance.

Bank statement funding works differently. We look at one thing: your business bank account. Three months of statements show us your average monthly revenue, your deposit consistency, your average daily balance, and your existing obligations. That is enough to make a funding decision — usually within the same business day.

Here is everything you need:

• 3 months of business bank statements (PDF from your bank's online portal)
• Valid government-issued ID
• Basic business information (name, address, EIN or SSN)

Here is what you do NOT need:

• Personal or business tax returns
• Profit & loss statements
• Balance sheets or CPA letters
• Business plan or projections
• Collateral or real estate equity
• 700+ credit score

What We Look For

Our underwriting team reviews your bank statements for a few key indicators. None of these require perfect numbers — we look at the full picture, not a single data point:

• Average monthly deposits: We look for consistent business revenue of at least $8,000/month. Higher revenue qualifies for larger funding amounts.
• Deposit consistency: Regular deposits throughout the month are stronger than one or two large lump sums. This shows us your business has steady activity.
• Average daily balance: We look at how much cash stays in the account after expenses. This tells us how much additional payment your business can sustain.
• Existing obligations: If you already have daily or weekly payments to other funders, we factor those in. We may consolidate them or work around them.
• NSF/overdraft history: A few NSFs are not automatic declines. We look at frequency and recency, not perfection.

If your business generates real revenue and deposits it into a legitimate business bank account, you are likely a candidate — regardless of your credit score, tax situation, or time in business.

Perfect for Miami's Diverse Business Community

Miami is not a one-size-fits-all economy, and funding should not be either. Bank statement funding is built for the business owners who drive this city:

• Immigrant entrepreneurs — Miami has over 1.5 million foreign-born residents, many of whom build thriving businesses but lack the U.S. credit history that traditional banks demand. Bank statement funding does not require a long U.S. credit profile.
• Cash-heavy service businesses — Restaurants along Calle Ocho, barbershops in Little Haiti, auto detailing in Hialeah, and cleaning services across Doral all generate significant cash revenue. If those deposits show up in your bank account, they count.
• New businesses — Miami added over 70,000 new business filings in 2025, the second most in any U.S. metro. Many of these businesses are profitable within months but cannot show 2 years of tax returns. Four months of bank statements is enough.
• Freelancers and sole proprietors — Consultants, real estate agents, photographers, and other independent professionals in Brickell, Coral Gables, and the Design District often mix personal and business finances. We work with your actual deposits, not a theoretical separation of accounts.
• Seasonal businesses — Tourism operators, event companies, and hospitality businesses in South Beach and Wynwood see dramatic revenue swings. We evaluate your peak and trough months together, not just your slowest 30 days.