Loan accounts are account types that do not fall under the remit of Open Banking and therefore they are not supported by accounting software.
Although you cannot link your loan account and sync your bank feed, you can upload your loan account bank statements and reconcile them as you would your business bank account.
To manually upload your loan bank statements:
- First, download the statement directly from your bank's website
- Select 'Connect Bank Account' on the homepage
- Then select 'Upload Statements Manually'
You can import bank statements in many formats, including QIF, OFX, and CSV. Please check out the following link for more detailed instructions: Importing bank statements.