Bank Statement Converter for Hotel and Bed & Breakfast Business Loans

Hotels, motels, inns, and bed-and-breakfasts applying for SBA loans, commercial mortgages, or renovation financing need bank statements that show room revenue by season, operating cost discipline, and consistent cash flow after debt service. Converting your property's bank statements to Excel gives commercial lenders the data structure to underwrite your loan efficiently.

Key Benefits

• Show nightly room revenue deposits from OTA platforms, direct bookings, and corporate accounts separately
• Document seasonal revenue peaks and troughs to help lenders assess annualized cash flow accurately
• Demonstrate that housekeeping payroll, utilities, and OTA commissions are funded by operating revenue
• Track revenue per available room (RevPAR) trends implicit in monthly deposit totals over 24 months
• Provide a clean Excel workbook SBA lenders and commercial banks can submit to underwriting without manual processing

How It Works

1. Step 1: Upload PDF statements from your property's primary operating account for the last 24 months
2. Step 2: The tool extracts all OTA payouts, direct booking deposits, payroll ACH, and vendor payments
3. Step 3: Download Excel and separate deposits by channel: Booking.com, Expedia, direct, corporate, gift cards
4. Step 4: Attach the channel-categorized workbook with your property management system revenue reports to your loan package

Frequently Asked Questions

What SBA loan program is most common for hotel renovations?

SBA 504 loans are the primary vehicle for hotel real estate and major renovations — they provide long-term fixed-rate financing for up to 40% of project costs. SBA 7(a) loans cover working capital, equipment, and smaller improvements. Both require 24 months of operating statements showing consistent revenue.

Our hotel has only been open 18 months following a renovation. Will lenders require 24 months of history?

SBA lenders generally prefer 24 months but can work with a post-renovation period if you supplement with pro forma projections and comparable property data. Market area performance reports from Smith Travel Research (STR) help demonstrate your property's revenue potential when your own history is short.

Convert a Statement Free