Bank Statement Converter for Medical Practice Loans

Medical practice lenders require 12–24 months of practice bank statements to underwrite physician practice acquisition, expansion, and working capital loans. Convert your medical group or solo practice PDFs to Excel to prepare complete loan documentation.

Key Benefits

• 12–24 month practice revenue export for lender underwriting
• Separates insurance payer deposits from patient co-pays in Excel
• Works with all major medical practice banks: Chase Business, Truist, First Bank
• Compatible with LiveOak Bank, Provide, and AMA-affiliated lender formats
• Monthly net collections analysis for practice loan sizing and DSCR

How It Works

1. Step 1: Upload your practice bank statement PDFs (12–24 months)
2. Step 2: Select Excel output
3. Step 3: Download and calculate average monthly net collections
4. Step 4: Submit to your medical practice lender with tax returns and P&L

Frequently Asked Questions

What bank statement history do medical practice lenders need?

Established practice lenders typically require 12 months for expansions and 24 months for acquisition loans. For startups, personal bank statements (12 months) are used. Export each month separately, then compile a summary tab showing monthly totals — this is the format most lenders prefer.

Can I use an S-corp practice bank statement for loan qualification?

Yes. Most medical practice loans are underwritten on the practice entity (S-corp, PLLC, or PC) bank statements, not personal statements. Export your business checking account statements and calculate net collections by subtracting payroll runs, supply payments, and rent from total monthly deposits.

Convert Medical Practice Statement Free