Understanding Deals
A deal in BankVision represents a merchant’s funding application, combining financial data, analysis, and underwriting insights into a structured workflow.Deal Workflow
1
Application Submission
- Merchant applies for funding
- Basic verification
- Deal folder created
2
Document Upload
- Bank statements
- Business records
- Tax returns
3
Automated Analysis
- Statement verification
- Transaction categorization
- Risk assessment
Merchant Data Extraction
Business Information
Business Information
- Entity Name & Type
- Industry Classification
- Tax ID & Incorporation State
Financial Insights
Financial Insights
- Gross Deposits
- Cash Flow Trends
- Existing Obligations
Owner Details
Owner Details
- Name & Ownership Percentage
- Contact Information
Best Practices
Complete Applications
Complete Applications
- Ensure all fields are filled
- Verify uploaded documents
- Confirm contact details
Document Quality
Document Quality
- Upload full statement sets
- Ensure legibility & accuracy
- Verify correct date ranges
Efficient Deal Management
Efficient Deal Management
- Keep status updates current
- Review documents promptly
- Maintain clear notes & logs