📉 A lender sent us a $3.2M valuation for review. But something didn’t add up…

The “valuation” assumed:

• A competitor buyer would gain route efficiency
• Back-office synergies would reduce overhead
• $600K in purchase premium based on “growth potential”

But the buyer was new to the industry—with none of those synergies.

✅ Our fair market value opinion? $1.8M.
✅ The deal got restructured—and saved.

SBA loans aren’t based on strategic dreams. They’re based on supportable value.