Glossary · Reading the business
In short
An estimate of a property's value by a real estate broker, less formal than an appraisal. Lenders might use it for initial assessments or for smaller, non-real estate collateral.
While not a substitute for a full appraisal on significant real estate collateral, a broker price opinion (BPO) can provide a quick, informal valuation. Some lenders might use BPOs for non-real estate collateral or as a preliminary step in valuation. Do not rely solely on a BPO for critical asset valuation; demand a formal appraisal when appropriate.
SOP 50 10 — Lender and Development Company Loan Programs
U.S. Small Business Administration · SBA Standard Operating Procedure
Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.
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.
Free · No documents · Usually same-day