Glossary · People and paperwork
Equipment appraiser(Appraiser)
In short
A professional who determines the fair market value of machinery and equipment. As a buyer, an appraiser's report helps you verify the value of assets you're purchasing and ensures adequate collateral for your SBA loan.
What it means in a deal
For an SBA 7(a) loan, if a significant portion of the collateral is machinery and equipment, your lender will require an independent equipment appraisal. This report establishes the "orderly liquidation value" for collateral purposes and helps confirm you're paying a fair price for these assets.
Official sources
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.
Related terms
Common questions about Equipment appraiser
- Can a 7(a) loan be used specifically to purchase new equipment?
- Can my business use an SBA 7(a) loan to buy equipment?
- What kind of equipment can I buy with an SBA 7(a) loan?
- Can an SBA 7(a) loan be used to purchase new business equipment?
- Are businesses with shared facilities or equipment considered affiliated for SBA size standards?
- Can I use an SBA 7(a) loan to purchase specific business equipment?
Defined by CapBench 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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