Glossary · People and paperwork
In short
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.
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.
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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