Sometimes you need one question answered by a CPA: does the cash in the bank support the revenue the seller is claiming, are the add backs real, what working capital does the business need, or what do these financials look like rebuilt from bank data. Credex Advisors performs those procedures individually, at fixed fees (the cash proof is $4,000), in five to seven business days from complete documents. Order and pay online by bank debit; the work starts once the payment has cleared.
A proof of cash reconciles a company's financial statements to its bank accounts. It shows whether the revenue and expenses the seller reports are supported by cash that actually moved through the bank. It catches unreported deposits, personal spending in the business, revenue that was booked but never collected, and financial statements that were simply made up.
Credex Advisors charges a fixed $4,000 for a cash proof covering the trailing twelve months, up to three bank accounts, per legal entity, delivered in five to seven business days. Additional years and accounts are quoted up front.
No. A cash proof is one of the procedures inside a quality of earnings. A full QoE also normalizes earnings, tests add backs, analyzes customers and margins, and addresses working capital. If your deal is institutional or your lender needs the full report, see the quality of earnings page.
For SBA 7(a) acquisition loans of $3M or more, no; SOP 50 10 8.1 requires a full QoE that includes a cash proof. For smaller SBA loans and conventional loans, the lender sets its own standard, and many use a cash proof or revenue verification as the credit file support on deals under $3M.
Yes, if you want a faster sale and fewer retrades. A CPA rebuilt financial package and a defended add back schedule answer the buyer's first questions before they are asked, and a buyer's lender will see the seller's numbers already tie to the bank.
Five to seven business days from complete documents for a cash proof or deal review, five for the single procedures. The clock starts when the document list on the order page is complete.
You will know within days, not at closing. The report explains each exception, its size, and what it means for the earnings, and includes a 30 minute call with the CPA who did the work so you can decide whether to renegotiate, restructure, or walk away.