Glossary · People and paperwork
State-licensed or certified appraiser(Appraiser)
In short
This is a professional qualified to perform business valuations or real estate appraisals according to state and federal standards. Lenders rely on their independent assessment of value.
What it means in a deal
For certain deal sizes or if real estate is involved, the SBA requires an appraisal from one of these professionals. They provide an objective valuation of the business or collateral. You'll likely pay for this report, so understand its purpose and how it impacts the loan-to-value.
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 State-licensed or certified appraiser
- Will outstanding state or local tax liens on the business affect SBA 7(a) loan eligibility?
- What if the business I'm acquiring currently owes money to the IRS or state tax authorities?
- What is the lender's responsibility for validating the business purpose and use of proceeds certified on SBA Form 1919?
- Does my business need to be located in a specific U.S. state or territory to get an SBA 7(a) loan?
- Can an SBA 7(a) loan be used to purchase a business located in a different state?
- Is it possible to use an SBA 7(a) loan to acquire a business in a different state?
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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