Intuitreason 04 of 4it is wired into how the customer already worksderived 2026-09-11accession 0000896878-26-000037
We purchased business loans from our originating bank partner with principal balances in the amount of $6.2 billion in fiscal 2026 compared with $3.5 billion in fiscal 2025
Money revenue increased $434 million reflecting a $257 million increase in payments revenue and a $177 million increase from QuickBooks Capital due to increased loan volume
We have entered into multiple forward flow arrangements with institutional investors that facilitate the sale of participation interests in eligible unsecured business loans with expiration dates ranging from 2027 to 2030
The total unpaid principal balance of business loans sold during the twelve months ended July 31, 2026 amounted to $2.1 billion
no findingread · nothing bore on it
It held on this filing. No finding was written because nothing in it bore on the reason — the sentences it was read against are below.
the evidence · every sentence checkedseven sentences · whole, uncut
the claims it rests on
“We purchased business loans from our originating bank partner with principal balances in the amount of $6.2 billion in fiscal 2026 compared with $3.5 billion in fiscal 2025”
“Money revenue increased $434 million reflecting a $257 million increase in payments revenue and a $177 million increase from QuickBooks Capital due to increased loan volume”
“We have entered into multiple forward flow arrangements with institutional investors that facilitate the sale of participation interests in eligible unsecured business loans with expiration dates ranging from 2027 to 2030”
“The total unpaid principal balance of business loans sold during the twelve months ended July 31, 2026 amounted to $2.1 billion”
what it was checked against
QuickBooks Capital financing offering
“Capital . We offer financing options for small and mid-market businesses to help them get the capital they need to succeed.”
originating bank partner structure
“The financing process provides customers with the ability to use their data to qualify for and borrow capital from Intuit via our originating bank partner or from partners on our QuickBooks Capital Marketplace.”
line of credit product
“QuickBooks Line of Credit provides flexible access to capital through pre-qualified credit limits.”