Glossary · Reading the business
In short
These are the conclusions and observations from an independent financial audit of the target business's financial statements. They highlight any discrepancies, weaknesses in internal controls, or non-compliance issues.
If the seller provides audited financials, pay close attention to the audit findings. They can reveal critical insights into the business's financial health and operational risks that might not be obvious from the raw numbers. Discuss any significant findings with your CPA and lender, as they can impact valuation or loan approval.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
Pressure-test the numbers before you make an offer
Send us the asking price and the seller's cash flow — we'll show whether the deal services SBA debt and where the add-backs are likely to hold up.
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