SBA Equipment Appraisals

We frequently receive calls from reputable financial institutions searching for qualified SBA equipment appraisals. Our staff consists of Certified Valuation Analysts, Certified Public Accountants and Certified Machinery and Equipment Appraisers, making us your number one source for qualified SBA equipment appraisals.  

The U.S. Small Business Association (SBA) was established so that more businesses would be created, maintain success, and grow and prosper in the United States.  One of the main duties of the SBA is to assist small businesses with financing. Businesses must have sufficient collateral in order to qualify for an SBA loan. According to the standard operating procedures set forth by the SBA an equipment appraisal is often required to be performed by an independent certified appraiser — especially for 7(a) loans since this type of loan program is used for varying purposes such as debt refinancing, funding working capital, equipment purchases and leasehold improvements, to name a few. No matter what the reason for a business loan, a qualified SBA equipment appraisal is an important part of the process, especially since not all equipment appraisals are accepted by the SBA. Appraisals that are not USPAP compliant and not certified are not accepted by the SBA since there are no regulations to guarantee that an uncertified equipment appraisal is fair and unbiased. An equipment appraisal that does not meet SBA qualifications could potentially be lacking in supporting documentation needed by the company and the lender. If this were to happen, than legal action could be the result — especially if the company were to default on the loan. This is why it is important to get a qualified SBA equipment appraisal that is certified and USPAP compliant.

USPAP is an acronym for Uniform Standards of Professional Appraisal Practice, which basically means that there are procedures in place to construct a standardized valuation methodology.  At Turner Business Appraisers, all of our appraisals meet the SBA’s SOP requirements and are USPAP compliant.

Qualified SBA appraisals – Reliable, Accurate, Timely, Sound

Our firm provides qualified SBA equipment appraisals for various industries including but not limited to manufacturing, retail, hotels, medical equipment, dental equipment, restaurants, machine shops and much more. Our qualified appraisals are defensible, reliable, accurate and timely and can withstand scrutiny from the IRS, banks and litigation.

Our appraisers have received their CMEA certifications from the NEBB Institute and their CVA credentials from NACVA. Both organizations are renowned for their high standards and comprehensive training programs.   Because our appraisers have earned these designations, you are guaranteed to get a qualified SBA equipment appraisal.  The team at Turner Business Appraisers has the knowledge, expertise and experience to provide you with a high quality SBA equipment appraisal with accuracy and integrity.  We are friendly too, so call us today at 1-800-873-3040.  We value your business!