Bank Statement Converter for Gyms and Fitness Studios

Gym owners, fitness studio operators, and franchise fitness business owners (Orangetheory, Anytime Fitness, Planet Fitness franchisees) need organized bank statement records for SBA loans, studio acquisition financing, and equipment financing. Convert your fitness business bank statement PDF to Excel.

Key Benefits

• Exports recurring EFT membership billing deposits and class pack revenue
• Identifies monthly recurring revenue (MRR) pattern for lender underwriting
• Works with Mindbody, ABC Financial, and all major fitness payment processors
• 12-month export for SBA and fitness franchise acquisition loans
• CSV export for Mindbody, Glofox, and QuickBooks fitness business accounting

How It Works

1. Step 1: Upload your gym or fitness studio bank statement PDF
2. Step 2: Select Excel output
3. Step 3: Download and identify recurring EFT membership deposits vs. class pack sales
4. Step 4: Calculate Monthly Recurring Revenue (MRR) for lender qualification

Frequently Asked Questions

How do fitness studios document membership revenue for SBA loans?

SBA lenders for fitness businesses analyze recurring membership revenue (EFT billing) separately from non-recurring income (personal training, retail, class packs). Export 12 months to Excel and filter monthly EFT batch deposits — these represent your predictable MRR. Divide annual recurring deposits by 12 for average monthly MRR, which SBA lenders view as the most stable income source for debt service coverage.

What bank statements do fitness franchise acquisition lenders require?

Franchise fitness acquisition lenders (Live Oak Bank, BRT Realty Trust, Newtek) require 24 months of the target gym's bank statements plus any associated entity accounts. Export each month to Excel showing total member EFT deposits, class revenue, and operating expense outflows. Calculate acquisition-adjusted EBITDA from the bank statement cash flow as the primary underwriting metric.

Convert Gym Statement Free