According to the SOP 50 10 6, "If the amount being financed (including any 7(a), 504, seller, or other financing) minus the appraised value of real estate and/or equipment being financed is greater than $250,000 or if there is a close relationship between the buyer and seller (for example, transactions between existing owners or family members), the Lender must obtain an independent business valuation from a qualified source. The business valuation must include the individual's conclusion of value."
Our valuations (conclusion of value) comply with the SOP 50 10 6. Valuations are verified and signed by our accredited valuation experts. Our top priority is to ensure that our clients' underwriting process moves as quickly and smoothly as possible.