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Why do I need to upload a budget?
Why do I need to upload a budget?

Learn more about why you need to upload a budget.

Teresa avatar
Written by Teresa
Updated over a week ago

In the process of obtaining a business account with Lunar, we need answers to relevant questions. This is necessary to form an overview of the company and its history, and to understand what activity we can expect to see during the customer relationship.

We ask you to upload a budget, as it gives us a very good overview of the activity we can expect to see on your account over the next 12 months.

As a bank, we need to be able to account for the activity we see on your account, and as part of the assessment we make before approving your application, a budget is a very useful tool for our team. Therefore, you need to upload a budget.

To help you as an applicant, we have created a budget template that you can download and fill out by clicking here.

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