How does Capchase calculate my cash balance? How does Capchase calculate my cash balance?

How does Capchase calculate my cash balance?

Your cash balance is calculated on a daily basis and represents the sum of all your cash balances across all your connected bank accounts.

You can connect more bank accounts for a more accurate picture of your total cash balance. Bank accounts that are not connected to the Capchase app will not be included in this display, even if a statement has been provided to Capchase for an underwriting process.

Your cash balance helps you understand how much runway you have left based on the cash available in your bank account. Monitoring your cash balance gives you the opportunity to plan for your next fundraiser or draw with Capchase.

 

You can see this and other metrics from your last business Underwritings directly on your Credit Review dashboard. Here you can also request a new Underwriting to get the latest updated data. Learn more about the dashboard here.

If you have any questions, don’t hesitate to send us a message at support@capchase.com.

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