Lumara
Financial Intelligence

Business Valuation & Financial Diligence for SBA Change-of-Ownership Transactions

Financial analysis for lenders evaluating privately held business acquisitions — including business valuation, normalized earnings analysis, Quality of Earnings, and lender-ready financial findings.

Discuss an SBA Transaction View Lender Services
Audience SBA lenders evaluating change-of-ownership transactions
Services Business Valuation + Quality of Earnings
Approach Structured financial analysis and professional judgment
Deliverable Clear, lender-ready reports and supporting schedules
SBA Lender Services

Financial questions behind the credit decision.

Lumara's lender services are designed around the financial questions that arise when ownership of a privately held business changes hands.

01
What is the business worth?
Business valuation based on normalized financial performance, company-specific risk, market evidence, and appropriate valuation methodologies.
02
Are the earnings supportable?
Normalized earnings analysis and seller add-back review tested against available financial records and supporting documentation.
03
Do the financial records tell a consistent story?
Financial statements, tax returns, accounting records, and source documentation are reconciled and evaluated as appropriate to the engagement.
04
What should the lender know?
Material findings, assumptions, risks, and valuation or diligence conclusions are presented clearly for lender review.
Lender Services

Business valuation and financial diligence for SBA transactions.

SBA Business Valuation

Business valuation analysis for privately held companies involved in SBA change-of-ownership transactions.

  • Historical financial analysis
  • Normalization of earnings and owner-related adjustments
  • Business and industry analysis
  • Income approach
  • Market approach / comparable transaction analysis, where appropriate
  • Asset approach, where relevant
  • Company-specific risk assessment
  • Fair market value conclusion
  • Supporting valuation schedules
  • Lender-ready valuation report
  • Findings / review call
Pricing
Fixed fee quoted after transaction and scope review.
Timing
Turnaround confirmed after scope and document review.

Business valuation engagements are accepted subject to applicable SBA and lender requirements and engagement scope.

Quality of Earnings

Lender-focused financial diligence for applicable SBA acquisition transactions, including analysis of normalized earnings and the financial records supporting the borrower's historical cash flow.

  • Normalized EBITDA analysis
  • Seller add-back validation
  • Revenue quality and customer concentration analysis
  • Working capital analysis, where relevant
  • Bank-to-book / source-record reconciliation
  • Cash proof analysis, where applicable
  • Lender-ready Quality of Earnings report
  • Supporting Excel schedules / data workbook
  • Findings and debrief call
$12,500
Starting fixed fee.
Fee Structure
Final fixed fee confirmed after initial transaction review and scope confirmation.
One Financial Intelligence Partner

Depending on the transaction, a lender may need business valuation, financial diligence, or both. Lumara's SBA lender services share a consistent objective: helping lenders understand the financial reality behind a privately held business acquisition.

Typical records requested
The exact request depends on the transaction. Common records include:
Three years of financial statements
Business tax returns
Current interim financial statements
General ledger / accounting reports
Business bank statements, where applicable
Seller add-back schedule
CIM / transaction summary
Purchase agreement or LOI, if available
Ownership information
Debt schedules
Fixed asset information, where relevant
Working-capital schedules, where relevant
How It Works

From lender call to delivered findings.

A straightforward five-step process from intake through delivery.

01
Initial Lender Call
Brief conversation to understand the transaction, requested service, timing, and lender requirements.
02
Scope & Fixed Fee
Engagement scope, deliverables, document needs, timing, and fixed fee are confirmed.
03
Secure Data Request
Financial and transaction records are exchanged through an appropriate secure process.
04
Financial Analysis
Valuation and/or financial diligence procedures are performed based on the engagement.
05
Report & Findings
Lender-ready report and supporting schedules are delivered, followed by a review or findings call.
About Lumara

A business owner's perspective, applied to valuation and financial diligence.

Lumara Financial Intelligence is led by Matt Marron, a South Carolina-licensed Certified Public Accountant with more than 20 years of business ownership and operating experience. That operating perspective informs Lumara's approach to business valuation, normalized earnings analysis, and financial diligence for privately held business transactions.

  • Licensed Certified Public Accountant — South Carolina
  • 20+ years of business ownership and operating experience
  • Business valuation and financial diligence focus
20+ Years
Business ownership and operating experience
Get Started

Ready to discuss an SBA transaction?

A brief conversation is the starting point. Contact Lumara to discuss the transaction, lender requirements, requested service, and timing.

Email
info@lumarafi.com
Location
880 S. Pleasantburg Drive, Suite 1B
Greenville, SC 29607

Start the conversation

Fill out the form and Matt will follow up to discuss the transaction.

Please do not submit confidential transaction documents through this form. Lumara will follow up to discuss scope before any materials are exchanged.