{"ok":true,"canonical_url":"https://dealroom.so/glossary/equipment-appraiser","api_url":"https://dealroom.so/api/public/glossary/equipment-appraiser","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"equipment-appraiser","term":"Equipment appraiser","aka":"Appraiser","group":"People and paperwork","definition":"A professional who determines the fair market value of machinery and equipment. As a buyer, an appraiser's report helps you verify the value of assets you're purchasing and ensures adequate collateral for your SBA loan.","what_it_means":"For an SBA 7(a) loan, if a significant portion of the collateral is machinery and equipment, your lender will require an independent equipment appraisal. This report establishes the \"orderly liquidation value\" for collateral purposes and helps confirm you're paying a fair price for these assets.","url":"https://dealroom.so/glossary/equipment-appraiser","official_sources":[{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"}],"related":[{"slug":"appraisal","term":"Appraisal","url":"https://dealroom.so/glossary/appraisal"},{"slug":"collateral","term":"Collateral","url":"https://dealroom.so/glossary/collateral"},{"slug":"business-valuation","term":"Business valuation","url":"https://dealroom.so/glossary/business-valuation"},{"slug":"fair-market-value","term":"Fair market value","url":"https://dealroom.so/glossary/fair-market-value"}],"related_questions":[{"question":"Can a 7(a) loan be used specifically to purchase new equipment?","url":"https://dealroom.so/sba-loans/basics/can-a-7-a-loan-be-used-specifically-to-purchase-new-equipment"},{"question":"Can my business use an SBA 7(a) loan to buy equipment?","url":"https://dealroom.so/sba-loans/basics/can-my-business-use-an-sba-7-a-loan-to-buy-equipment"},{"question":"What kind of equipment can I buy with an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-kind-of-equipment-can-i-buy-with-an-sba-7-a-loan"},{"question":"Can an SBA 7(a) loan be used to purchase new business equipment?","url":"https://dealroom.so/sba-loans/basics/can-an-sba-7-a-loan-be-used-to-purchase-new-business-equipment"},{"question":"Are businesses with shared facilities or equipment considered affiliated for SBA size standards?","url":"https://dealroom.so/for-lenders/questions/are-businesses-with-shared-facilities-or-equipment-considered-affiliated-for-sba-size-stan"},{"question":"Can I use an SBA 7(a) loan to purchase specific business equipment?","url":"https://dealroom.so/sba-loans/basics/can-i-use-an-sba-7-a-loan-to-purchase-specific-business-equipment"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Equipment appraiser","url":"https://dealroom.so/glossary/equipment-appraiser","source_type":"DealRoom Data"}}