Deal Readiness Score
Know how lenders will see your deal before you sign the LOI.
There's no such thing as "pre-approved" when you're buying a business — lenders underwrite the business, the deal and you, and most of that evidence surfaces after the LOI. Answer a few questions and get an instant read on the six things an SBA underwriter weighs, what's strong, and what to fix while it's still cheap to fix.
- ✓ Takes about 3 minutes
- ✓ No credit pull
- ✓ Free — no obligation
1. The deal
2. You
3. The business
4. The handoff
The deal
The numbers from the listing or CIM. Estimates are fine.
$
$
From the listing or CIM. Optional, but debt coverage is the first number lenders check.
$
Savings, brokerage accounts, gifts
$
401(k)/IRA — counted at 60% for taxes and penalties
%
$
Leave blank if there's no building or land
Seller financing
Use one, both, or neither.