{"ok":true,"canonical_url":"https://dealroom.so/glossary/qualified-appraiser","api_url":"https://dealroom.so/api/public/glossary/qualified-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":"qualified-appraiser","term":"Qualified Appraiser","group":"People and paperwork","definition":"This is an independent professional with expertise and credentials to determine the fair market value of assets or a business. Their valuation is crucial for collateral and business purchase price justification.","what_it_means":"For an SBA 7(a) loan, especially for larger deals or real estate, a Qualified Appraiser is often required to value the business or significant collateral. The lender relies on their report to confirm the collateral's liquidation value and ensure the loan is prudently underwritten. Always review their report for accuracy.","url":"https://dealroom.so/glossary/qualified-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":"fair-market-value","term":"Fair market value","url":"https://dealroom.so/glossary/fair-market-value"},{"slug":"liquidation-value","term":"Liquidation Value","url":"https://dealroom.so/glossary/liquidation-value"},{"slug":"business-valuation","term":"Business valuation","url":"https://dealroom.so/glossary/business-valuation"}],"related_questions":[{"question":"What documentation proves U.S. citizenship or Qualified Alien status for owners?","url":"https://dealroom.so/for-lenders/questions/what-documentation-proves-u-s-citizenship-or-qualified-alien-status-for-owners"},{"question":"Can a Qualified Alien without permanent residency obtain an SBA 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/can-a-qualified-alien-without-permanent-residency-obtain-an-sba-7-a-loan"},{"question":"Can I get pre-qualified for an SBA 7(a) loan before identifying a specific business to acquire?","url":"https://dealroom.so/sba-7a/questions/can-i-get-pre-qualified-for-an-sba-7-a-loan-before-identifying-a-specific-business-to-acqu"},{"question":"What specific documentation is required to verify citizenship or qualified non-citizen status for 7(a) loan applicants?","url":"https://dealroom.so/for-lenders/questions/what-specific-documentation-is-required-to-verify-citizenship-or-qualified-non-citizen-sta"}]},"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 — Qualified Appraiser","url":"https://dealroom.so/glossary/qualified-appraiser","source_type":"DealRoom Data"}}