IRIS + Business Loan Application: Complete Workflow
Preparing for business loan application and using IRIS? Lenders and finance brokers require 6-12 months of business bank statements to assess cash flow and creditworthiness. Disorganised PDFs slow down applications. BankScan AI bridges the gap between your bank's PDF statements and IRIS's import feature.
BankScan AI → IRIS for Business Loan Application
Convert bank statement PDFs to CSV formatted for IRIS import. Convert your business bank statements to clean spreadsheets showing cash flow, revenue patterns, and regular commitments — accelerating your loan application.
How It Works
Upload your bank statement PDF
Supports all major banks. Upload 6-12 months of business bank statements; asset finance may only need 3 months while commercial mortgages often require 24 months of statements.
AI formats for IRIS
Output as CSV with Date, Narrative, Debit, Credit — IRIS uses Narrative instead of Description and requires separate Debit/Credit columns — dates in DD/MM/YYYY.
Import and use for business loan application
Upload into IRIS and use the reconciled data for business loan application.
Supported Banks
BankScan AI works with all major UK and US banks, including:
IRIS + Business Loan Application Features
- IRIS ready — Output formatted as CSV matching IRIS's expected column structure
- Smart integration — IRIS links bank transactions directly to tax computations, so imported statements feed into both bookkeeping and tax return preparation simultaneously.
- Built for Business Loan Application — Convert your business bank statements to clean spreadsheets showing cash flow, revenue patterns, and regular commitments — accelerating your loan application.
Import for Business Loan Application into IRIS
After converting your bank statements for business loan application:
- In IRIS Accountancy Suite, open the client file, go to Bank > Import Transactions
- Select the CSV file, map columns to Date, Narrative, Debit, Credit, and import
Common Import Issues
IRIS is strict about column naming — use 'Narrative' not 'Description'. Also requires the CSV to not contain any currency symbols in amount columns.
IRIS Import for Business Loan Application
Commercial loan offers typically have a 30-90 day validity; brokers may need statements within days to meet funding deadlines or property completion dates
Convert for IRIS + Business Loan Application