FAQ’s

1 1

Are we a qualified source?

YES. The SBA SOP language states that a qualified source is an individual who regularly receives compensation for business appraisals and is accredited by certain recognized organizations including, but not limited to, the American Society of Appraisers (ASA designation) and the National Association of Certified Valuators and Analysts (CVA designation). We hold both of the aforementioned credentials as well as others.

2 2

DO I need a business appraisal quote?

MAYBE. The SBA Standard Operating Procedures note that an independent, qualified appraisal is required if “the amount being financed…minus the appraised value of the real estate and/or equipment being financed is greater than $250,000 or if there is a close relationship between the buyer and seller.”

 

3 3

What is your turnaround time?

FAST. Once all documents are received by Blue Sky you will receive the final valuation report within 2-3 weeks. We have the ability to turn a project around more quickly for an additional fee.

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What is your fee?

COMPETITIVE. We have competitive pricing, please submit basic information to receive a formal quote. Click here to be directed to the contact page.

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What documents do you need to perform the business appraisal?

CONTACT US. Our list of documents may vary depending on the industry, but generally we would request tax returns, financial statements, terms of the deal, and a completed business appraisal questionnaire.

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Do you provide valuations for other purposes?

YES. We are happy to discuss valuations for other purposes. Our experience in valuation is not limited to SBA appraisals and we offer solutions to fit your needs.

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