IRIS + SBA Loan Application: Complete Workflow
Preparing for sba loan application and using IRIS? SBA lenders require 3-12 months of business bank statements to verify revenue, assess cash flow, and determine loan eligibility. Disorganized PDFs delay the application process. BankScan AI bridges the gap between your bank's PDF statements and IRIS's import feature.
BankScan AI → IRIS for SBA Loan Application
Convert bank statement PDFs to CSV formatted for IRIS import. Convert business bank statements to clean spreadsheets showing monthly revenue, average daily balance, and cash flow patterns — exactly what SBA lenders need to see.
How It Works
Upload your bank statement PDF
Supports all major banks. Upload 3 months for SBA Express loans; 12 months for standard SBA 7(a) and 504 loans; some lenders request 24 months for startups 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 sba loan application
Upload into IRIS and use the reconciled data for sba loan application.
Supported Banks
BankScan AI works with all major UK and US banks, including:
IRIS + SBA 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 SBA Loan Application — Convert business bank statements to clean spreadsheets showing monthly revenue, average daily balance, and cash flow patterns — exactly what SBA lenders need to see.
Import for SBA Loan Application into IRIS
After converting your bank statements for sba 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 SBA Loan Application
SBA loan approvals can take 30-90 days; stale financial documents older than 120 days are typically rejected and must be refreshed
Convert for IRIS + SBA Loan Application