Bank Statement Converter for Auto Mechanics and Repair Shops
Independent mechanics and auto repair shop owners need clean bank statement exports to document shop revenue for SBA loans, equipment financing, and quarterly tax payments. Convert your business bank PDF to Excel to track all repair job income and parts supplier payments.
Key Benefits
- Captures credit card processor deposits, check payments, and warranty reimbursements
- Monthly shop revenue totals for SBA and equipment loan applications
- Works with all major business banks used by auto repair shops
- Parts supplier payment tracking for Schedule C expense documentation
- CSV export for Shop-Ware, Mitchell 1, and QuickBooks
How It Works
- Step 1: Upload your auto shop business bank statement PDF
- Step 2: Select Excel or CSV output
- Step 3: Download and separate revenue deposits from parts and supply payments
- Step 4: Calculate gross and net shop revenue for SBA loan or equipment financing
Frequently Asked Questions
- What bank statements do auto repair shop SBA lenders require?
- SBA lenders for auto repair shops typically require 12 months of business bank statements to verify gross shop revenue. Export each month to Excel, remove non-revenue items (wire transfers from yourself, loan proceeds), and calculate average monthly car count revenue. Include credit card processor statements as supplemental documentation.
- Can a mobile mechanic use bank statements for an equipment loan?
- Yes. Mobile mechanics can use 3–6 months of bank statements showing consistent service income for equipment financing (diagnostic tools, lifts, compressors). Export to Excel showing average monthly deposits of at least 1.5× the proposed equipment payment to satisfy the lender's cash flow requirement.
Convert Mechanic Statement Free