Glossary · People and paperwork
In short
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.
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.
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.
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