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Glossary · Reading the business

Internal Appraisal

In short

This is an estimate of a business's or asset's value performed by the buyer or seller, not an independent third party. It serves as an initial assessment, often for negotiation purposes.

What it means in a deal

You might conduct an internal appraisal to gauge a reasonable offer price before engaging a professional appraiser. While useful for your own due diligence and crafting an LOI, an internal appraisal will not satisfy the SBA's requirement for an independent business valuation if the loan amount exceeds a certain threshold or if specific assets like real estate are involved.

Common questions about Internal Appraisal

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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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