Business Valuations
for SBA Loans
At ACA Partners, LLC, we know that financing is probably one of the most challenging aspects of a business. From building an upstart company, to growing or sustaining an existing business, financing is a crucial support mechanism that allows a business to survive, and in many cases, thrive.
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The Small Business Administration (SBA) is a government agency that was created to assist small-business owners with their financing needs. Seeing as how small businesses contribute significantly to the growth of the economy, the SBA has a mandate to help business owners get approved for a loan much easier. The agency then administers these loans and serves as a guarantor on the bank or other financial companies.
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The number of small businesses that want to get the seal of approval of SBA’s backing is tremendous, so it makes sense for owners to keep their business particularly attractive to the SBA. For existing businesses, one of the best ways to stimulate the SBA’s attention towards your enterprise is through a valuation of your business.
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A valuation is to business what medical check-up is to your health. It reviews everything there is to know about the business to come up with an educated estimate of how much the business is worth. It also opens up the business to opportunities that may otherwise have been overlooked or not considered at all, or show areas that merit immediate attention to prevent or save the business from ruin. The healthier your business is, the more likely it is to be guaranteed by the SBA.
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Business valuation is more complex than it sounds; it involves academically-validated methods with industry-specific valuation factors. Just as you would not entrust your health to a non-professional, so shouldn’t you leave the appraisal of your company’s worth to just anyone. The team of business valuation experts at ACA Partners, LLC has more than two decades of advising and deal-making experience in the buying and selling of businesses.
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With a professional business valuation, a SBA guarantee is that much more attainable.
