Small Business Administration (SBA) SOP 50.10.7.1 may require an independent business valuation.
Turner Business Appraisers provides independent business valuations to banks pursuant to the small business administration (SBA) SOP 50.10.7.1. According to the SOP the bank must hire a qualified valuation firm to prepare a business valuation if a transaction has more than $250,000 of intangible value or if the buyer has a close association with the seller. Turner Business Appraisers has completed more than seven hundred and fifty (750) SBA 7A valuations in the past decade. SBA 7A loans are made when a buyer wants to buy a business. The business valuation is the most important source for verification of cash flow pursuant to the SBA SOP 50.10.7.1. Turner Business Appraisers is humbled to prepare business valuations for some of the finest lenders in the nation. Below is a list of some of our bank customers.
SBA Business Valuations – List of Bank Customers:
- First National Bank of Pennsylvania
- Cadence Bank
- First Bank of the Lake
- Texas Partners Bank
- South State Bank
- United Bank
- Tech Credit Union
- Home Trust Bank
