Glossary · Reading the business
In short
A physical inspection of the business premises by the lender or an appraiser. It verifies the business's existence, condition of assets, and operational reality.
Before closing, your lender will conduct a site visit to confirm the business's physical location, observe operations, and assess the condition of major assets like equipment and inventory. This visit helps validate information provided in financial statements and appraisals, ensuring there are no major discrepancies or red flags that could impact the loan.
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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