Financial statements for bank loan UAE lenders will accept

You ask in plain English, the AI does the bookkeeping work, and you or your accountant approve the result.

• You ask: “Prepare a pack for ADCB: last 12 months P&L and balance sheet, receivables ageing, and a reconciliation of revenue to VAT returns.”
• The AI agent: The AI assembles the reports for the period, builds a schedule tying sales in the ledger to the VAT 201 returns for the same quarters, and flags any gap, such as a credit note filed in a later quarter.
• You review: You and your accountant review the figures, decide whether audited statements are also needed, and send the pack to the bank.

Each bank sets its own list, and larger facilities usually require audited financial statements. For smaller facilities, management accounts that are clearly consistent with the bank statements carry weight.

• Profit and loss and balance sheet, usually 12 to 24 months
• Six to twelve months of bank statements
• VAT returns for the same period
• Receivables and payables ageing
• Trade licence and company documents

A lender looks for three numbers to tell the same story: revenue in the accounts, taxable sales on the VAT returns, and deposits into the bank. HelloBooks drafts the VAT 201 from the same ledger the statements come from, and bank statements are matched against that ledger, so differences are explained before the bank asks.

Clean receivables matter too. An ageing report full of very old invoices suggests revenue that will never be collected. Ask the AI to list anything over 180 days and decide whether to chase, provide for or write off before you apply.

A Sharjah building materials trader applies for a AED 1.5 million working capital line. The ledger shows 12-month revenue of AED 9.4 million. The four VAT returns show standard-rated sales of AED 8.9 million and zero-rated exports of AED 0.45 million. The AI explains the remaining AED 50,000: a credit note issued in September for a June sale, reported in the third-quarter return.

Receivables are AED 1.7 million, of which AED 210,000 is over 180 days. The owner provides AED 120,000 against two disputed accounts before sending the pack. A tailored lender report format can be arranged on request through hello@hellobooks.ai.