Wise Statements for SBA Loan Application
Preparing Wise bank statements for sba loan application? 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.
Convert Wise Statements Instantly
BankScan AI converts your Wise statement PDF to a clean Excel spreadsheet in seconds — handling DD-MM-YYYY and multi-currency layout with separate transaction lists per currency, each showing Amount, Fee, Exchange Rate, and Balance automatically. Convert business bank statements to clean spreadsheets showing monthly revenue, average daily balance, and cash flow patterns — exactly what SBA lenders need to see.
About Wise Statement Format
Wise multi-currency statements include transactions in multiple currencies with exchange rates. BankScan AI preserves currency codes, rates, and fee breakdowns.
Getting Your Wise Statement for SBA Loan Application
In Wise, go to your account, click 'Statements', select the currency and date range, then choose PDF or CSV format. Each currency balance generates its own statement, so multi-currency users need to download statements per currency. Download 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.
How It Works
Upload your Wise statement
Drop your Wise (formerly TransferWise) statement PDF. Supports PDF, CSV. Need 3 months for SBA Express loans; 12 months for standard SBA 7(a) and 504 loans; some lenders request 24 months for startups? Upload them all.
AI extracts every transaction
Our AI handles Wise's DD-MM-YYYY and multi-currency layout with separate transaction lists per currency, each showing Amount, Fee, Exchange Rate, and Balance — extracting Monthly gross deposits, average daily balance, NSF/overdraft.
Use for sba loan application
Download formatted Excel ready for sba loan application. Monthly deposit summary with daily balance trend, showing the Debt Service Coverage Ratio (DSCR) can be calculated from actual cash flow data
Wise + SBA Loan Application Features
- Wise optimised — Handles DD-MM-YYYY dates and multi-currency layout with separate transaction lists per currency, each showing Amount, Fee, Exchange Rate, and Balance
- 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.
- Period coverage — Convert 3 months for SBA Express loans; 12 months for standard SBA 7(a) and 504 loans; some lenders request 24 months for startups of Wise statements in minutes
Convert Wise for SBA Loan Application — Fast
SBA loan approvals can take 30-90 days; stale financial documents older than 120 days are typically rejected and must be refreshed
Convert Wise Statement Free