See How BVA Supports SBA Acquisition Underwriting
Representative Lender-Focused Business Valuation Analysis
This representative SBA 7(a) business valuation sample illustrates how Business Valuation Advisors organizes an independent conclusion of value for acquisition underwriting and transaction decision support.
The report demonstrates how BVA evaluates the subject company, transaction perimeter, historical financial performance, normalized earnings, valuation methodology, and purchase-price support while keeping the lender’s financeability and credit decision separate from the appraiser’s conclusion of value.
What the sample includes:
• Transaction and valuation scope
• Historical and normalized financial analysis
• $742,000 illustrative normalized EBITDA
• Income Approach using a discounted cash flow methodology
• Market Approach using private-company transaction evidence
• Reconciliation of valuation methods
• $3.40 million illustrative conclusion of business value
• Comparison to a $3.45 million illustrative business purchase price
• Working-capital and transaction considerations
• Clear distinction between price, value, and financeability
• Lender-focused conclusions and supporting schedules
The company, transaction, financial information, and conclusions shown in this report are fictional and were created solely to demonstrate BVA’s analytical approach and reporting format. This sample does not relate to an actual client or transaction and does not constitute SBA approval, endorsement, or a guarantee of governmental or lender acceptance.
Download the Sample SBA 7(a) Business Valuation Report (PDF)
From Sample to Engagement: This fictional report illustrates BVA's independent valuation approach. For a live SBA acquisition requiring a valuation and potentially a separate lender-benefit QoE, review our SBA business valuation and Quality of Earnings engagement services .
CREDENTIALED LITIGATION VALUATION & FINANCIAL ANALYSIS EXPERTISE
Business Valuation Advisors, Inc. is led by Joshua Himan, CVA®, BCA®, CMEA®, FMVA®, a credentialed business valuation and transaction advisory professional with more than 15 years of experience analyzing privately held businesses, acquisitions, and financial performance.
Joshua holds a Master of Science in Applied Economics from Johns Hopkins University and a Master of Science in Finance from The George Washington University. His experience includes independent business valuation, Quality of Earnings, acquisition financial due diligence, earnings normalization, working-capital analysis, and debt-service evaluation.
Professional Credentials
CVA® — Certified Valuation Analyst, National Association of Certified Valuators and Analysts
BCA® — Business Certified Appraiser
CMEA® — Certified Machinery & Equipment Appraiser
FMVA® — Financial Modeling & Valuation Analyst
Independent Analysis for Lender Review
BVA develops business value conclusions using supportable financial assumptions, appropriate valuation methodologies, relevant private-company market evidence, and documented reconciliation of financial results.
The representative SBA 7(a) valuation report demonstrates this approach through normalized EBITDA, discounted cash flow analysis, private-company transaction comparisons, purchase-price support, and an independent reconciliation of value.
BVA's responsibility is to determine and support business value—not to validate a negotiated purchase price or predetermine a lender's credit decision. Actual engagement requirements, appraiser acceptability, independence, and report scope are established with the lender.
The published sample is fictional and illustrative. Professional credentials do not constitute SBA endorsement or guarantee lender acceptance.
Joshua Himan's Credentials & Experience Client Reviews & Selected Engagements
Independent valuations of privately held businesses and professional practices for divorce, including owner compensation, personal goodwill, ownership interests, and equitable distribution.
Review Joshua Himan’s valuation credentials, graduate education, professional experience, representative engagements, and background in private-business analysis.
Learn how SDE, EBITDA, owner compensation, seller add-backs, and normalized earnings affect private-company value.
Independent business valuation services for owners, buyers, attorneys, lenders, investors, and other professionals requiring supportable private-company value analysis.
Transaction-focused analysis of normalized EBITDA and SDE, Proof of Cash, working capital, and earnings quality.
Independent analysis of personal versus enterprise goodwill for business sales, ownership matters, divorce, litigation, and tax-sensitive transactions.
Learn how normalized EBITDA, debt capacity, DSCR, working capital, and transaction structure affect acquisition economics and buyer returns.
Independent business valuations for divorce, including owner compensation, personal goodwill, ownership interests, and equitable distribution.
