Glossary · Reading the business
In short
An appraisal of commercial real estate performed by a Member of the Appraisal Institute (MAI), indicating a higher standard of expertise. It provides a reliable valuation for property collateral.
If your deal involves owner-occupied commercial real estate as collateral, the SBA lender will require an MAI appraisal. This ensures a credible, independent valuation of the property's fair market value. Review this appraisal closely during due diligence to confirm the real estate's value and condition, as it directly impacts your collateral position.
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.
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