When an equity interest in a closely held business is used as collateral, banks and lenders typically request a business valuation to determine if the business can support repayment of the requested loan. Additionally, agencies such as the Small Business Administration (SBA) require an independent business appraisal when guaranteeing a loan. In these cases, the business valuation must be conducted by a qualified appraiser and follow standard SBA operating procedures.
We can provide you and your bank with an independent valuation of your company or other identifiable intangible business asset to satisfy any due diligence requirements necessary for successful financing. We understand the time-sensitive nature of obtaining financing and can fast-track financing valuation engagements when necessary.