Bank Statement Converter for a Moving Company Business Loan
Moving companies earn most of their revenue in peak spring and summer months, then slow sharply in winter. Converting 24 months of business bank statements to Excel shows a lender two full seasonal cycles and the annual revenue total that qualifies the business for a truck loan, equipment financing, or SBA working capital line.
Key Benefits
- Capture all job payment deposits — individual moves, corporate relocation contracts, storage fees
- Show two full seasons of revenue to document seasonal but predictable income
- Separate moving revenue from truck lease payments, payroll, and fuel costs
- Produce 24 months of business bank history for commercial truck or SBA loan
- Export to Excel so a lender can calculate annual revenue and a 12-month monthly average
How It Works
- Step 1: Upload 24 months of business checking account PDF statements
- Step 2: The converter extracts all transactions across both annual cycles
- Step 3: Download Excel and total deposit rows by month to show the seasonal revenue pattern
- Step 4: Attach to your loan package with your USDOT authority and largest client contracts
Frequently Asked Questions
- I'm slow in winter. Will lenders hold that against me?
- Not if you provide 24 months of statements showing the same seasonal pattern repeated. The annual total averaged over 24 months is what qualifies you. Two consistent cycles is evidence of a reliable seasonal business, not an unreliable one.
- I want to add another truck to my fleet. What documentation do I need?
- Commercial vehicle lenders want 12 months of business bank statements showing enough net monthly income to cover the existing fleet payments plus the new truck payment. A moving company with strong peak-season deposits typically qualifies easily.
Convert a Statement Free