🧯 Deadly Sin: Valuing for a Specific Buyer (a.k.a. Strategic Drift)

When a valuation includes:

💼 Synergy from the buyer’s operations
📈 Growth from the buyer’s network
🚪 Savings from shared space…

…it’s not fair market value. It’s strategic value—and it violates SBA requirements.

📌 If the value only works for one buyer, it’s not supportable in a SBA 7a lending environment.