Bank Statement Converter for Business Acquisition Financing
Buyers acquiring a business through SBA 7(a) loans, conventional bank financing, or seller financing typically need 2–3 years of personal and business bank statements. Convert PDF statements to Excel to document personal equity injection, business cash flow history, and financial resources for lender due diligence packages.
Key Benefits
- Document personal equity injection and liquid assets for acquisition financing
- Organize business cash flow history for SBA 7(a) lender review
- Export to Excel for business broker or acquisition lender packages
- Works with personal, business checking, and investment account statements
- Free, no account required, files deleted after conversion
How It Works
- Step 1: Download 2–3 years of personal and business bank statement PDFs
- Step 2: Upload to Bank Statement Converter
- Step 3: Select Excel output
- Step 4: Organize financial documentation for your SBA lender or business acquisition attorney
Frequently Asked Questions
- How many years of bank statements do SBA lenders require for acquisitions?
- SBA 7(a) acquisition loans typically require 3 years of business financial statements and 2–3 years of personal bank statements showing liquid assets for the equity injection (typically 10–30% of acquisition price).
- What personal financial documentation do I need for a business acquisition loan?
- Lenders typically require personal bank statements (2–3 months to 1 year), personal tax returns (3 years), a personal financial statement, and evidence of liquid assets for the required equity injection.
Convert a Statement Free