Bank Statement Converter for Merchant Cash Advance Applications

Merchant cash advance (MCA) funders base approval on your daily average bank balance and monthly deposit volume. Convert your business bank statement PDFs to Excel to calculate average monthly deposits and daily balances before applying for MCA funding.

Key Benefits

• Calculates average daily balance and average monthly deposits in Excel
• Works with all major bank formats used by MCA underwriters
• 3–6 month export covers standard MCA application requirements
• Identifies NSFs and overdrafts that affect MCA approval
• Export format accepted by all major MCA funders

How It Works

1. Step 1: Upload your last 3–6 months of business bank statement PDFs
2. Step 2: Select Excel output
3. Step 3: Calculate average monthly deposits and average daily balance
4. Step 4: Submit to your MCA funder or broker

Frequently Asked Questions

What do MCA funders analyze in bank statements?

MCA underwriters look at: average monthly deposits (determines funding amount — typically 1–1.5× monthly deposits), average daily balance (determines ability to withstand daily deductions), NSF/overdraft frequency (high NSFs reduce approval chances), and deposit concentration (single large customer vs. diversified revenue).

Can I get an MCA with low bank balances but high deposits?

Yes. Many MCA funders focus more on deposit volume than ending balance, since they collect via daily ACH from future revenue. Export your statements to Excel, calculate total monthly deposits separately from ending balances, and present both figures to your MCA broker.

Convert for MCA Application Free