If you're applying for an SBA 7(a) loan to acquire a business, a business valuation is a crucial step in the process. The SBA requires an independent, third-party valuation when the loan amount exceeds $250,000 or if there's a change of ownership between related parties.
A proper valuation ensures:
• The purchase price is justified based on the business’s financials.
• Lenders mitigate risk by confirming the business’s true worth.
• Buyers avoid overpaying and make informed investment decisions.
By securing a professional valuation, you increase transparency, build lender confidence, and streamline the loan approval process.
Interested in more information, please contact GW Legacy Advisors serving Sioux Falls, Rapid City, Omaha, Fargo and the surrounding great plains region. www-gw-legacy.com
‍
Latest Articles
Our latest blogs and articles deliver essential business valuation insights to help you maximize your company's growth potential and market worth.
.jpeg)
