#business appraisal

[sunbeltcanada]

Everything You Need to Know About Business Appraisals

When it comes to buying, selling, or managing a business, understanding its value is essential. A business appraisal gives a clear picture of what a business is worth, based on a detailed analysis of its financials, assets, market position, and growth potential. This helps business owners, buyers, and even investors make informed decisions and confidently plan for the future. Here’s a simple FAQ guide on business appraisals to help you get started.

What Is a Business Appraisal?

A business appraisal is a professional evaluation that determines the fair market value of a business. It’s conducted by an appraiser who carefully examines the business's finances, assets, and overall position in the market to provide an accurate valuation.

Why Might I Need a Business Appraisal?

You might need a business appraisal if you are:

Selling Your Business: To know the right price to ask for.

Buying a Business: To make sure you’re paying a fair price.

Planning for Succession: To help with passing on the business or settling inheritance matters.

Seeking Financing: Lenders may require an appraisal before granting a loan.

Dealing with Legal Matters: Such as divorce or shareholder disputes, where an accurate business value is needed.

What Factors Are Considered in a Business Appraisal?

Appraisers evaluate many aspects to determine the business's value, including:

Financial Performance: Profits, revenue trends, and cash flow.

Assets and Liabilities: Property, equipment, inventory, and any debts.

Market Trends: The health of the industry and local market conditions.

Competitive Standing: How the business compares to others in the same field.

Future Potential: Opportunities for growth or expansion.

Who Should Perform a Business Appraisal?

A certified business appraiser or valuation expert should conduct the appraisal. They have the qualifications and knowledge to assess the business accurately and use standard methods accepted by lenders, buyers, and courts.

How Long Does a Business Appraisal Take?

The length of the process depends on the size and complexity of the business. Typically, it can take anywhere from a few weeks to several months. Having organized financial and operational records can help speed things up.

What Are the Different Approaches to Business Appraisal?

Appraisers generally use one or more of the following approaches:

Income Approach: Evaluates expected future earnings and discounts them to present value.

Market Approach: Compares the business to similar companies that have recently been sold.

Asset Approach: Looks at the total assets of the business, minus liabilities, for asset-heavy businesses.

The choice of approach depends on the business type, its assets, and its earning potential.

What Does a Business Appraisal Cost?

Appraisal costs vary depending on the business’s complexity and the depth of analysis needed. While simpler appraisals may be on the lower end, larger and more detailed appraisals can be costly. However, a professional appraisal is often worth the investment, as it provides a solid foundation for major business decisions.

What Should I Have Ready for a Business Appraisal?

Having these documents on hand can make the process smoother:

Financial Statements: Income statements, balance sheets, and cash flow statements.

Tax Returns: At least three years of tax returns to support financial details.

Asset Inventory: Details on physical assets like equipment or property.

Operational Data: Information on customer base, management, and employee structure.

When Should I Get My Business Appraised?

Business appraisals are useful during any major business event, like preparing to sell, merging with another business, or securing new funding. It’s also a good idea to update your appraisal periodically, as market conditions and business performance change.

What Happens After the Appraisal?

Once completed, the appraiser will provide a report outlining the valuation, the methods used, and the reasoning behind the final number. This report is then yours to use for negotiations, financing, or other strategic business decisions.

Final Thoughts

A business appraisal offers valuable insights into your business’s worth, helping you plan your next steps with confidence. Working with a qualified appraiser ensures that you have an accurate valuation based on reliable data, whether you’re preparing to buy, sell, or simply want to know where your business stands.

Need an appraisal? Consult a certified professional to help you get the most out of this important process.

[sunbusinessvaluationsus]

Understanding the Basics of Business Appraisal for Attorneys

Sun business Valuations teaches the fundamentals of business appraisal for attorneys. Understand important concepts, methodology, and legal ramifications in order to correctly analyze a company's worth. Our experienced advice assists attorneys with valuation processes for litigation, mergers and acquisitions, and estate planning. For more information visit :- https://sunbusinessvaluations.com/attorneys-cpas/

[ampbusinessvaluations]

AMP Business Valuations

AMP Business Valuations is here to serve you for all your business. Business valuation experts and value growth advisors. We measure and grow business value.

Address: 2301 Blake Street, Denver, CO 80205, USA Phone: 720-708-2584 Website: https://ampbusinessvaluations.com

[capitalnomics]

Comprehensive Business Valuations and Appraisal Services

Are you seeking business valuations services in Central Oregon and beyond? Capital Nomics is here to address comprehensive business valuations and appraisal service needs. Its experienced professionals have served clients hailing from diverse niches including banking, hospitality, healthcare and finance with aplomb.

Business Valuation Consultants of Capital Nomics are available in places like Medford, Redmond, Eugene and Bend.

These ace consultants deal with client cases involving Estate and gift tax, Mergers and acquisitions, Employee buy-outs and even family business transactions. Also, avail tailor-made and effective Succession Planning services.

Capital Nomics has the expertise to analyze tax payments for all complex and diverse business valuation deals flawlessly.

Its qualified appraisers meet IRS requirements and adhere to IRS valuation guidelines.

[adamnoblesblog]

What Is The Psychology Behind Subjectivity In Business Appraisal?

Business appraisal is a basic cycle that includes assessing the value of an organization. While monetary measurements and objective data play a significant role in this evaluation, there is a notable component of subjectivity included. Understanding the psychology behind subjectivity in business appraisal is fundamental for both appraisers and business owners looking for a precise and exhaustive valuation. Read more :- https://justpaste.it/4ce5a

[kits-shrine]

“Are you sure,” Alyssum fretted, “it's not strong magic. All it really does it keep the coins shiny.”

The little spider bounced a nod.

"They're magic and will be a novelty here coming from another world. They're worth more than just the price of gold. It's only fair."

[trakfinancialservices]

Business Valuation Orange County

Discover expert business valuation services in Orange County to accurately assess the worth of your enterprise. Our professionals utilize robust methodologies and industry insights to provide comprehensive evaluations tailored to your specific needs. Gain clarity on your company's value and make informed decisions with confidence. Trust our Orange County-based team for reliable business valuation solutions tailored to your unique circumstances.

[usnewsper-business]

First-Time Homebuyers: Avoid Costly Mistakes and Find Your Dream Home #appraisals #budget #closingcosts #commonmistakes #creditscore #FHAloans #firsttimehomebuyers #homeinspection #housepoor #inspections #insurance #InterestRates #lackofknowledge #localamenities #location #longtermcommitment #maintenance #mortgage #neighborhood #preapproval #propertytaxes #proximitytowork #repairs #researchprograms #schooldistrict #statespecificprograms #unexpectedexpenses #USDAloans #VAloans

[oconnor2024]

Business Personal Property Valuation

Business personal property (BPP) can be challenging to value because of the limited quantity of data available and primary reliance upon the sales comparison approach. Read more @ https://www.poconnor.com/business-personal-property-valuation/

[sunbusinessvaluationsus]

Legal Insights On Business Appraisal In Divorce Settlements

Sun Business Valuations provides expert business appraisal services for divorce settlements, ensuring fair asset division and equitable settlements. They offer comprehensive legal insights on how business valuation impacts divorce outcomes, guiding clients with professionalism and precision through this complex process. For more information visit:- https://sunbusinessvaluations.com/divorce-marital-settlement/

[ampbusinessvaluations]

AMP Business Valuations

AMP Business Valuations is here to serve you for all your business. Business valuation experts and value growth advisors. We measure and grow business value.

Address: 2301 Blake Street, Denver, CO 80205, USA Phone: 720-708-2584 Website: https://ampbusinessvaluations.com

[mangocityithjhg]

https://mangocityit.com/service/buy-zomato-reviews/

[chuluoyi]

࿐ ࿔ hot, hot summer !

in which you got the offer of a lifetime—takes place in 2006-2009 era! @mrrpmiao miao, you’re so responsible for the brain worm you’ve instilled in my mind🙂‍↕️

a part of gojo's love entries

summer is as hot as you are pretty.

it’s an undisputed fact to satoru. after all, he chose you. so of course you were the best. he supposed even strangers here would eventually come to realize it too… as it wasn’t the first time their kind had done so.

kamakura beach was packed in summer, and he stepped away a bit to get you shaved ice only to come back to this appalling sight.

“miss! ooh! you’re so gorgeous!”

this suspicious-looking middle-aged man—with goatee, long tied hair, wearing palm shirt and beach shorts—approached you so merrily as you were chilling under the parasol.

“ah thank you…?” you pasted a taut smile, totally clueless and spooked, hoping he would go on his way.

“i mean it! your body is so—wow!” the man gasped dramatically, appraising you from head to toe. “your bust—it’s perfect! you’d make a good cover girl, you know!”

you were wearing the bikini of the same brand inoue waka endorsed at satoru’s insistence, and true, it was indeed a sight for sore eyes.

his sore eyes, specifically. not others.

satoru scowled, and he marched towards where you were. he would do his job as always—chasing away no-good men from you.

“hey you,” he barked. “what business do you have with my girl here?”

the bearded man regarded him with surprise, before he assessed him from top to bottom. “oh! you’re mr. boyfriend? whoa, you don’t look bad yourself!”

“if you’re trying to bother my—”

“no, no! you’ve got the wrong idea!” the man defended, raising both hands in surrender. “you see, i’m about to offer the pretty lady a gig as a gravure model!”

wha? you gaped. satoru blinked.

“m-me?” you stammered, flabbergasted, pointing at yourself. “uh, are you sure?”

“yes! 100% sure!” the agent man replied with stars in his eyes. “miss, with your assets, you’ll outshine even inoue waka or kaoru sakurako themselves!”

“really?!” you almost laughed. it was a strange compliment, but a compliment nonetheless.

but next to you, satoru’s face darkened, his eyes obscured. his fists clenched around the paper bowl of shaved ice so hard it shook. the next thing you know—

“here, hold this.” he suddenly shoved the shaved ice to you, before he plucked his sandal off and—

“YOU!” satoru raised the flip-flop above his head, his eyes blazing with fury, ready to swing it at the man. “GET LOST YOU SLIMY BOZO!”

“—?! WAIT, YOUNG MAN!”

and then came the most disastrous scene before you: your boyfriend chased the agent with his sandal, throwing it at him that it bonked his head, then grabbed someone’s big-ass water gun without permission and continued the pursuit, determined to catch him.

. . .

“how could you?! why do you seem even remotely interested!?” satoru fierily questioned you after he was done cooking the gravure video agent, panting and sopping wet. in the end, the two of them got into a water gun fight that ended with him winning.

you turned to him, feigning an unimpressed expression. “he said i can outshine inoue waka. who wouldn’t want that chance?”

“you can’t!” he retorted almost immediately, aghast. “i mean, yeah you can! but no! no way! you can’t flaunt your body for everyone to see!”

“why?”

“you are mine!” he pouted hard, irked. “i don’t want to share you! you are for the consumption of my eyes only!”

his blatant response made you giddy, truthfully. and as if to stress his point, he suddenly pulled you to his chest from behind, wrapping both arms around you, making you squeal.

“satoru, you’re wet!”

“so? when i marry you someday, we’re going to share a lot of things together. wet is one of them.”

“does this mean you’d pick me over inoue waka?” you threw him a suggestive smile, looking up at him expectantly.

his face then turned pink, as he smooched you in the head. “you know the answer to that, dummy.”

who would have thought that he would really keep his promise and that you'd come to the same beach years later...?

[delphi-shield]

— 「 FLASH FIRE 」

lighter lorenz x reader — 2.8k — mdni summary: it’s reciprocal - lighter helps out with your car, you fuck him in the back seat. everybody wins. content: unprotected sex, forgetting to pull out, creampie, titsucking, hair pulling, brief mention of fisting.

You're running out of excuses.

You had traded favors and supplies for car maintenance for months now. Strictly business, at first, but the aimless teasing had quickly evolved into flirting, and the flirting had rapidly shifted to something more physical. Soon, your car became plagued with all kinds of problems, both real and imagined. Lighter had even let you get away with asking him to change your tail light. He didn’t even seem to realize what you were up to - not at first, anyway.

In reality, Lighter's had you figured out ever since you called him to check your tire pressure. You don't really need his help for most of this stuff, but he puts on a good show when he spreads his tools out in your garage. Your eyes always drift to his biceps when he hefts up the hood of your car. He braces a hand against the side, leans his weight into it, and you're torn between gawking at the way he peers down at the guts of your car, appraising, or the way his ass is squeezed into those jeans, hips cocked, heavy boots tapping against the garage floor.

It usually ended up in the backseat of your car -- or on the hood, or pressed up against the side. You had started stashing condoms in the center console.

“Need me to change your oil?" He offers one day, cutting off the way you're grasping at straws, floundering to keep him on the line. "It's about time."

Was it? You didn't know. You assumed he didn't either, figured he'd show up, check the mileage, and shake his head. Not quite time yet - but that's all right. He already came over, so he can find something else to work on.

But when he rolls up to your place he's got oil and a catch pan in hand. His jacket is discarded on the back of his bike, leaving him squeezed into a white tank top. He pats your arm as he walks by, eyes gleaming behind his sunglasses. Your surprise clearly delights him.

You plop into the back seat while he works, peppering him with offers for his service. Faint guilt swirls in your gut. You hadn't expected him to actually work on your car today. You could pick up his groceries when you ran into town, or help the Sons out with planning for Settlement Days. Each offer was barely considered, dismissed by a muffled ‘nah’.

It turns out the benefits of hooking up with Lighter include free car maintenance.

“You're all set,” Lighter says, slapping his hands against his thighs as he stands. He rounds your car to tower over you where you sit. Your legs swing, hanging off the edge, scuffing against the floor.

You spread your legs for him to step between — force of habit. Can't help but spread ‘em when Lighter steps up like that, when his hands brace against the top of your car and he sways down. He steps between your legs, nudging your knees wider with a powerful thigh.

“How am I going to pay you back?” You sigh dramatically, stifling a giggle. Lighter pretends to think for all of three seconds.

“A kiss?”

“That's all?”

“You're right. Two kisses.”

You grin. You can do better than that. You grab the front of his shirt and tug him down. He ducks past the door, laying you back against the seat. His kiss is languid, smiling against your lips as you laugh. You pull back to take his sunglasses off, noses bumping. You fold them closed and set them in the front seat, half-sitting up to reach.

Lighter takes advantage of the way you stretch, the column of your throat bared to him, ripe for his kisses to darken you skin. He sucks a mark beneath your jaw as you lay back into the seat. His hand slip up your shirt, palms lighting a warm path against your skin.

You roll up off of the seat, tits pressing into his chest. Lighter rolls your shirt up, separating from your neck briefly to fling your shirt outside of the car. His body covers your again, pressing you back to the seat. His scent, earthy and mouthwatering, infused with a tinge of oil and sweat, blankets you as he noses against the hollow of your throat.

You flip open the center console, searching sightlessly for a condom. Lighter works your bra off to paw at your tits, taking a moment to appreciate the weight in his palm before he latches on and sucks. His teeth scrape against your hardened nipple and you keen, back arching, pressing his face deeper into your breasts.

"Fuck - relax. Milk's not gonna come out," you grumble, free hand fisting tightly in his hair.

Lighter moans. He pops off one tit, dropping a sloppy kiss to the valley between your breasts. His knee slides up firmly against your pussy, grinding against you until you catch onto his rhythm and do it yourself. He's got that smug look on his face when he licks up your other, neglected breast, tongue lapping at your skin but lips never sealing around you.

You tug at his hair. Another moan, louder, more whiny. Your clit pulses against the seam of your jeans, and he finally commits to sucking your tits again.

Christ, you've got to find that fucking condom.

You sift through old receipts and miscellaneous bits and bobs blindly, struggling to find that elusive, crinkly little square. Lighter's hands slide down your sides, squeezing the dough of your hips tightly. He flicks the button of your jeans open, drawing his leg back to wiggle your pants halfway down your thighs. He palms your cunt through your panties and whines again, tremulous and pitiful.

"I'm so damn hard," Lighter groans. He drops his forehead against your collar bone, warm breath puffing against your skin. A searing heat blooms in your belly.

“Do you have a condom?” You blurt out. You can’t keep fumbling around like this - you need him now.

Lighter’s hand squeezes you, middle finger trailing against your clothed slit. He keeps one hand stroking your pussy while the other reaches behind him, patting the pockets of his jeans. He swears under his breath. His finger taps just over your clit - using your pussy like a damn fidget.

“I’ll pull out.” That’s his genius solution.

You should say no. You should offer to blow him, or let him fuck your tits, or anything other than the tried and true pull out method, but Lighter dips his fingers beneath your panties, presses the pad of his thumb against your clit and rolls. Sparks ignite in your veins. His finger teases your entrance. He only has to press gently into your before your greedy cunt tries to pull him deeper.

You grit your teeth. The promise of more makes you whine. Fingers won’t be enough. He could take his time finger fucking you open until he could fist you and it still wouldn’t be enough. You need his cock and you need it now.

“Okay,” you breathe out, face warming. You shouldn’t be agreeing to this. Even Lighter seems surprised. He picks his head up from your chest to meet your eyes, brows arched. You melt under his watch, body puddling against the seat. You roll your hips. His thumb stays steady against your clit, lets you roll yourself against his hand.

If he wants to ask if you’re sure, he loses the will when you squeeze around his finger.

He’s got more patience than you. Lighter presses kisses along your jaw, murmuring “okay,” as he slips down your body. He nips at your neck while his finger strokes through your soaked cunt. You try to spread you legs wider, to accommodate the fit of his hips, but your knees are trapped by your jeans, still hanging on for dear life.

You kick your foot and whine, your pants flapping comically. Lighter laughs. He struggles to pull them down further with just one hand.

“Hold still,” he murmurs, shifting awkwardly in the cramped back seat. His chest presses against yours, pinning you down with his weight. In the tight space, it’s impossible to escape his scent, his warmth, the hand toying with your pussy instead of shucking your pants off, winding you up.

You squirm beneath him, barely able to move. His laugh pools from his chest and into your.

“So fun to play with.” His voice is a rumble next to your ear. Your body tenses, skin feeling tight, flushed, stretched thin in anticipation.

“Hurry up,” you whine, jolting your hips up against his. He sucks a breath through his teeth.

It’s a heated blur. His hand withdraws from your pussy. He struggles with his belt long enough for you to wedge a hand between your bodies and try to help. It's finally open, his zipper barely down before you're shoving your hand into his pants to palm him.

He pushes your wrist away gently to pull himself free. The thought of taking him into your mouth makes drool pool in your mouth. You swallows thickly, swollen lips pouting. Eyes on the prize.

“Whatcha want?” Lighter leans back, his back hunched awkwardly in the small space of the back seat. He strokes himself slowly, his eyes fixed on your cunt.

“I want you shut the fuck up and fuck me.”

He taps the head of his dick against your clit, eyes lingering on the way he bounces it off your body, the way your thighs tense. Your struggle to stay still is plain as day in close quarters. Lighter grips the base of his thick cock. He slides himself through your folds, glistening tip nudging against your clit, each pass making you clench around nothing.

“Please,” you whine, smacking your head back against the seat. Your hands grip his biceps, nails biting into his skin.

He doesn't give you a chance to beg again. The fat head of his cock glides snugly into your pussy, the first inch frictionless and squelching. His fat cock catches, the stretch enough to make your breath sutter. Lighter plants a hand by your head, fingers dimpling the cushion. He pulls out, fucking himself deeper.

His forehead drops against your breast, chest near heaving. Lighter's hips stutter - barely restraining the desire to pound you into the carseat.

“You feel so fucking good,” he moans. He grinds into you, thick cock dragging against your walls, each roll of his hips sucking him in deeper and deeper until you can feel him in your stomach.

Your voice is caught in your throat, toes curling, knees pressing in, pussy trying to lock him in. You squeeze around him again and again, pulsing. Lighter bottoms out with one last, powerful roll of his hips, his restraint slipping, shuffling you up against the seats. Your cry out, pushing him back only to tug him closer, his face suffocated in your tits.

His hand slips down your spine, finding the small of your back. He angles your hips up, cock battering perfectly against a spot that has you crying out at each thrust, nails streaking red line against his biceps.

"Shit— shit," he pants, face buried into the junction of your neck, hips pinning you to the seat.

Lighter’s hips rabbit into you, fucking you hard and quick, lost in the feel of your gummy walls.

“Never going back to fucking condoms,” Lighter puffs out. Every thrust presses him against your clit. Tears prick at your eyes. Your mind blanks. You babble something incoherent in response. Your hand wedges between your body, rubbing frantically against your clit. “Feels so good. Not gonna last– fuck!”

Your dripping pussy has him in a vice grip, spasming as his hips drive into you again, again, again. Stars explode behind your eyes, fingertips clenching, chest too tight. His hips pin your hand against your clit. He doesn't draw back fully again, drags his fat cock hard and languid against the same spot over and over until all that tension unspools and the warmth spills over into your veins, onto his cock, coating your seats.

Lighter fucks you through it, voice pitching higher as his thrusts get sloppier, more desperate. He grumbles promises into your skin – gonna buy your birth control, baby, don't make me squeeze into a condom again, you feel too fucking good, holy shit, fuck, cumming—

You're already half-way to bonelessness, riding out the current of pleasure churns in you, when he floods your pussy with his cum. Spurt after spurt of his thick seed splatters against your walls. Your stomach flutters, eyes glazed.

Lighter's hips pump and sputter, staggered and stuttering, fucking his cum deeper into you. He leans his weight against you fully, muscled body pressing the breath from you. You don't know how you could be closer than this but you crave it, crave him, need more, need this to be unending.

Gradually, his hips slow. He comes down from his high, the whine in his voice pitching back to gravel. His cheek rests against your shoulder, hands flexing against your skin. You pet his hair idly, eyes shut, soaking in the bliss and the closeness.

His cock softens in your puffy walls, but his muscles tense with a sudden realization.

“Shit– I'm sorry,” he says in a rush, picking his head up to look at you. You only hum, confused, barely cracking an eye open. “I– inside. I didn't mean to–”

Oh. Ohh, fuck.

You swear quietly beneath your breath. Your teeth catch your lip, worrying it for a moment – but as fucked out as you are, brain still melted, it's difficult to muster panic.

You stroke his hair firmer, trying to urge him to lay back against you. His strength is evident in that moment when he resists your pull. The restraint in his touch is clear - and the threat of his strength has your aching clit twinging painfully. You were going to have to unpack that later.

“Lighter - it's fine,” you say. “I'll go to town later.”

“I'll drive you.” His tone brooks no argument. He pulls himself away from you, and the cold prickles against your flushed skin. You can't help but feel lost when he pulls himself out of you, pussy throbbing for the stretch of his cock - missing him already.

He tucks himself into his pants again, not bothering to zip back up. He bends, the curve of his tight ass on display. You sigh dreamily - nearly forget to react when he tosses you your discarded shirt back.

Lighter holds up a finger, chest still heaving and flushed, fluffy hair matted to his forehead with swear. He disappears from view, rattling around in your garage out of sight, before he comes back with a rag in hand.

"We should do this in a bed," you say, accepting the rag Lighter passes you. You inspect it carefully. No oil, no dirt - good enough for you.

"I think I can get a truck for an evening."

"What? No," You laugh. "Like a bed bed. With pillows, and blankets."

Lighter keeps his back turned to you, arms pausing mid-stretch. He rolls his shoulder, fluffs his hair - takes his sweet time turning back to face you.

Your stomach churns. Fuck. That was too much too quick. Sure, he just came inside you, but you were going to scare him off like this. He wasn't going to help you air up your tires ever again, much less fuck you���

"I can put pillows and blankets in a truck bed," he points out.

You huff a laugh, shaking your head. “I guess that's better than nothing.”

Lighter's lips quirk into a smile. He ducks back into the car, tapping your hip. You scoot back to make room for him. He lifts his arm, expecting you to curl up against his side.

“I'll drive you out for the sunset.”

“The sunset?” You repeat skeptically. You hadn't expected something so… sweet.

Lighter shrugs you closer. He tugs at a lock of your hair, teasing.

“Or for stargazing,” he counters, a hint of desperation sneaking in, cracking past his suave performance. “Whichever.”

You study him for a moment. He feels so unguarded in this moment, without the vestiges of the champion. He's just Lighter in this moment - just the man who fucked your brains out in the back of your car, who was at your beck and call for every stupid excuse you could conjure up just to see him.

“Both,” you decide. You nestle your cheek against his shoulder, eyes slipping shut. “If we stay long enough, we can do both.”

A guaranteed, precious few hours with him all to yourself. Your stomach squirms. You blame it on the feeling of his cum slipping out of you, pretend that your affection isn't burning you up from the inside.

Lighter shifts to kiss he crown of your head. His hand trails a lazy path against your arm, fingers warm, comfortable against your skin, his touch so different from the way he had pressed against you moments before.

One of these days you were going to get this man into a proper goddamn bed, but you'd settle for malapropisms until the time came.

[chromiakgary]

So, you’ve got your ducks lined up in a row… good business plan, great product, capable representation, and yet - no loan!

If this has happened to you, the issue may be presentation. A commercial loan is an entirely different ballgame than the loan you took to buy your car. You not only need to be financially viable as an industry, but you also need to look good on paper. Assuming your numbers support the size of loan you need, a lender needs to see you qualify according to the bank’s parameters. An appraisal is required. In order to qualify for the needed appraisal, you’ll need to provide the commercial property’s income as well as expenses. Among many other items, have your personal financial statement ready to go. If you have a mixed-use property, expect to provide a rent roll along with essentials like utility costs, tax history, and maintenance expenses.

You may very well have all these items and more available in a file. It’s also possible that they’d need to be gathered, organized, and systematically presented to be conspicuously supportive of the amount you’re hoping to borrow. Your best prospect for a successful closing is an impressively succinct application. That’s where your relationship with your broker starts. Loan Process with Gary Chromiak at G-Ray Commercial >