Bank Statement Converter for Optometrists

Optometrists and eye care practice owners can convert bank statement PDFs to Excel or CSV to document vision exam revenue, optical retail frame and lens sales, insurance reimbursement deposits (VSP, EyeMed, Davis Vision), and contact lens recurring sales. Essential for optometry practice acquisition loans, optical retail SBA financing, and physician mortgage applications for OD graduates.

Key Benefits

• Documents VSP, EyeMed, and insurance reimbursement deposits for practice lending
• Exports optical retail frame and lens sales revenue for acquisition valuation
• Shows contact lens subscription and reorder revenue for recurring income documentation
• Works with all major bank PDF formats for optometry practice accounts
• 24-month export for optometry practice acquisition SBA loan requirements

How It Works

1. Step 1: Upload your optometry practice bank statement PDFs
2. Step 2: Select Excel output
3. Step 3: Identify insurance reimbursement deposits vs. optical retail cash sales
4. Step 4: Calculate total and recurring revenue for practice acquisition underwriting

Frequently Asked Questions

How do optometry practice acquisition lenders use bank statements?

Optometry acquisition lenders (Live Oak Bank, Bank of America Healthcare) cross-reference bank deposits against insurance ERA/EOP reports and optical retail POS data. Export 24 months of bank statements to Excel to show consistent insurance reimbursement deposits and growing optical retail revenue. Key metric: optical revenue as a percentage of total revenue. Practices with 40%+ optical retail typically command higher acquisition multiples due to retail profitability.

Can optometrists use bank statements for physician mortgage applications?

Yes. ODs (Doctors of Optometry) qualify for physician mortgage programs at many lenders (TD Bank, BOK Financial, First Horizon) despite not being MDs. Export 2–3 months of bank statements to Excel to verify income deposits for the physician loan application. ODs with ownership stakes in their practice use bank statement mortgages to document owner-distribution income that may not appear on W-2s.

Convert Optometrist Bank Statement Free