Understanding Credit Approval Requirements for Buyer Financing

Last updated: August 3, 2026

When submitting a buyer for financing approval, the outcome depends on several factors, including the buyer's credit profile, requested amount, contract term, and available financial documentation. This article explains the key scenarios you may encounter and what is needed to move forward.

Approval Without Financial Statements

In many cases, buyers can be approved for a certain limit based solely on their credit bureau profile. If your requested amount falls within this limit, no financial statements are required.

If the requested amount exceeds the buyer's approvable threshold, the Capchase team will typically communicate the maximum amount that can be approved without financials. You may choose to proceed with the lower approved amount or provide financial documents to pursue the full requested amount.

When Financial Statements Are Required

Financial statements will be required in the following situations:

  • The requested TCV (total contract value), including Taxes and other fees, exceeds the buyer's approval limit.

  • No reliable credit bureau data is available for the buyer.

  • The buyer's credit profile has significant derogatory marks that prevent a standard approval.

Acceptable financial documents typically include audited or reviewed financial statements, internally prepared year-end financials, or tax returns. Bank statements alone are generally not sufficient for a full financial review.

To share a secure link with your customer to upload their financial documents, use the Share Link option in the platform. Your customer will receive a secure link to provide their information directly.

Step by Step

Declined Applications

If a buyer is declined due to their credit rating, the most common path to reconsideration is submitting financial statements. Once the financials are reviewed and found satisfactory, the application may be reconsidered for approval.

If you have questions about a specific buyer's approval or require assistance, please contact us at support@capchase.com.