40+ Years of Business Valuation ExperienceWith decades of experience to our name, our professionals have performed appraisals on hundreds of local and national businesses.
Better Service and Better ValueFrom ESOP to intangible asset measurements, Gibraltar Business Valuations is your one-stop shop for all of your business appraisal needs.
A Valuation Firm Unlike Any Other"Gibraltar Business Valuations was a significant improvement over our previous valuation firm. They dig deep into the details to really understand our business."
SBA Loans In Chicago
Why Is a Valuation Necessary for an SBA Loan?
For many years, the SBA (Small Business Administration) has been a source of financing for small businesses throughout the country. At one time it was considered to be a much more simple and easy process to get approved for one of these loans.
However, due to economic conditions and a number of other factors, the process has become much more challenging for getting funds to finance:
- Your business
- Real estate venture
- Or capital expansion
There are a number of provisions that the SBA included in its SOP (standard operating procedures), one of which requires that you have a business valuation appraisal from a qualified appraiser before being approved for an SBA loan. Fortunately, our team at Gibraltar Business Valuations is here to assist you.
When Should You Hire an Appraiser?
With over 40 years of experience in the industry and extensive training, we are highly qualified to handle your SBA loan valuation services.
Our team is always working to educate ourselves and stay up to date on the ever-changing rules and regulations surrounding small business loans and other related endeavors. We provide you with a thorough business valuation to submit for your SBA loan.
There are several different loan programs offered by the SBA, including:
- General small business loans
- Microloan program loans
- Real estate and equipment loans
- Disaster loans
Depending on the type of loan you are pursuing, there may be different requirements involved. It is always good to be as informed as possible on the steps needed for your particular business goals.
Thoroughly & Expertly Prepared Business Valuations
The main reason for having a business valuation prepared for an SBA loan is to help determine whether the acquisition price of a business is fair. Of course, the procedure involved in a valuation for a small or family-owned and operated business is much different than that for a larger corporate company.
The same general concepts may apply, but the methods and data included must be adapted and adjusted appropriately. At Gibraltar Business Valuations, we do our research in order to provide you with a well-prepared valuation that meets your business needs.
Securing an SBA loan involves various steps, and a well-documented and professionally conducted business valuation is a crucial component. Working closely with experts and ensuring compliance with SBA guidelines will contribute to a smoother loan application process.
"Well-Written Valuation Reports"Don distinguishes himself by consistently submitting well-written valuation reports. He is highly intelligent and has good analytical and communication skills. I appreciate that Don thinks analytically about the valuation and looks for areas of potential improvement.- Kevin Franson, CPSM — Franson Civil Engineers
"Insightful and Valuable Valuation Services"Gibraltar Business Valuations has provided insightful and valuable valuation services, allowing Bunnell to implement an effective strategy in our transition to being employee owned.- Jeanie Larson, Vice President of Finance — Bunnell, Inc.
"Significant Improvement Over Our Previous Valuation Firm"Gibraltar Business Valuations was a significant improvement over our previous valuation firm. They dig deep into the details to really understand our business and our ESOP. Their analysis is superior and reports are highly professional.- Rex R. Plaizier, President — WesTech Engineering, Inc.
"Gibraltar Business Valuations Brings Attention to Detail to the Valuation Process"We’ve been very impressed with the level of professionalism and attention to detail that Gibraltar Business Valuations brings to the valuation process. Gibraltar Business Valuations works hard to understand the complexities of our business, much more so than our previous valuators. They dig deep below the surface to discover the unique nature of our company, asking questions and listening carefully to the answers. We find the reports to be very useful in summarizing the opportunities as well as the challenges we face.- David Harvey, President — Crown Enterprises, Inc. dba Sportsman and Ski Haus
"Gibraltar Business Valuations Provides Great Service"When we had an urgent need for help on a project, Gibraltar Business Valuations stepped-up at a moment's notice, taking the first available flight to get here as quickly as possible to help us meet a tight deadline. Gibraltar Business Valuations consistently provides quality work, even in challenging circumstances such as a tight deadline. We know we can rely on Gibraltar Business Valuations for professional expertise and service. Scott D. Hampton, Founding Member - Hampton IP- Scott Hampton