Glossary · People and paperwork
Qualified Appraiser
In short
This is an independent professional with expertise and credentials to determine the fair market value of assets or a business. Their valuation is crucial for collateral and business purchase price justification.
What it means in a deal
For an SBA 7(a) loan, especially for larger deals or real estate, a Qualified Appraiser is often required to value the business or significant collateral. The lender relies on their report to confirm the collateral's liquidation value and ensure the loan is prudently underwritten. Always review their report for accuracy.
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 Qualified Appraiser
- What documentation proves U.S. citizenship or Qualified Alien status for owners?
- Can a Qualified Alien without permanent residency obtain an SBA 7(a) loan?
- Can I get pre-qualified for an SBA 7(a) loan before identifying a specific business to acquire?
- What specific documentation is required to verify citizenship or qualified non-citizen status for 7(a) loan applicants?
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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