Newly issued 2014 SBA Lender Participation Requirements (SOP 50 10 (F) Subpart B, Chapter 4, pgs. 170-172) for financing a change of ownership in a business state that for loans that have been transferred within 36 months of the date of the loan application and with loan amounts amount greater than $250,000, after removing the appraised value of real estate and/or equipment, a business valuation is required. There are several other stipulated scenarios wherein the lender must obtain an independent business valuation from a qualified source. These qualified sources include an Accredited Senior Appraiser (ASA) and a Certified Business Appraiser (CBA), among others.
Whether your loans fall under these new SBA business valuation requirements or you just need a collateral valuation for machinery, equipment or inventory, our scope of services provide certified and qualified appraisals at competitive rates and quick turnarounds.
May we have the opportunity to earn your business.