The new SBA rules effective October 1, require a Quality of Earnings analysis for all SBA loans over $3 million by a credentialed expert. They have not yet announced who will be qualified to do these, but it might require a CPA and it will be a huge opportunity for those willing to do this type of work. Stay tuned! Ron Seigneur 303.980.1111 Sent from my Galaxy S21
Well that is interesting! Thanks for passing that on, Ron! Karen PLEASE NOTE- The Kaseno CPA Firm, LLC was acquired by GA Group on August 17, 2026. All the same people- all of the same great service—just a new name! [Image] www.gagroup.com<http://www.gagroup.com/> [Image] <http://www.linkedin.com/company/great-american-group> Karen J. Kaseno, CPA, CVA, CFE, MAFF Managing Director Litigation Support Direct: (760) 753-7515 Email: kkaseno@gagroup.com<mailto:kkaseno@gagroup.com> 445 Marine View Avenue, Suite 300 Del Mar, CA 92014 [signatureImage][signatureImage] ________________________________ From: Ron Seigneur via Listserv <listserv@ercllc.net> Sent: Tuesday, 22 September 2026 13:27:03 To: ERC List Serve <listserv@ercllc.net> Subject: [Listserv] New SBA rules The new SBA rules effective October 1, require a Quality of Earnings analysis for all SBA loans over $3 million by a credentialed expert. They have not yet announced who will be qualified to do these, but it might require a CPA and it will be a huge opportunity for those willing to do this type of work. Stay tuned! Ron Seigneur 303.980.1111 Sent from my Galaxy S21
Yes - I had heard this as well!!!! Thanks for sharing, Ron! [https://designing.webmynehost.com/emailer/New-FISK/fiske-logo.png] [https://designing.webmynehost.com/emailer/fiske/fb.png]<https://www.facebook.com/FiskeAdvisory> [https://designing.webmynehost.com/emailer/fiske/insta.png] <https://www.instagram.com/fiskeadvisory/> [https://designing.webmynehost.com/emailer/fiske/linkdin.png] <https://www.linkedin.com/company/fiskeadvisory> Katie Gilden Partner / Chief Operating Officer Direct: +1 954.361.7910 Office: +1 954.236.8600 Visit:<https://fiskeco.com/> fiskeco.com<https://fiskeco.com/> [https://designing.webmynehost.com/emailer/New-FISK/bdo.png] Please Upload files securely here<https://exchange-taxpayer.safesendreturns.com/DropOff/6wd0000f00000> CONFIDENTIALITY NOTICE: The information in this message is confidential and may be legally privileged. It is intended solely for the addressee. If you are not the intended recipient, any disclosure, copying, or distribution of the message, or any action or omission taken by you in reliance on it, is prohibited and may be unlawful. Please immediately contact the sender if you have received this message in error. Thank you. From: Karen Kaseno via Listserv <listserv@ercllc.net> Sent: Tuesday, September 22, 2026 4:36 PM To: Ron Seigneur <ron.seigneur@cpavalue.com>; ERC List Serve <listserv@ercllc.net> Subject: [Listserv] Re: New SBA rules Well that is interesting! Thanks for passing that on, Ron! Karen PLEASE NOTE- The Kaseno CPA Firm, LLC was acquired by GA Group on August 17, 2026. All the same people- all of the same great service-just a new name! [Image] www.gagroup.com<http://www.gagroup.com/> [Image] <http://www.linkedin.com/company/great-american-group> Karen J. Kaseno, CPA, CVA, CFE, MAFF Managing Director Litigation Support Direct: (760) 753-7515 Email: kkaseno@gagroup.com<mailto:kkaseno@gagroup.com> 445 Marine View Avenue, Suite 300 Del Mar, CA 92014 [signatureImage][signatureImage] ________________________________ From: Ron Seigneur via Listserv <listserv@ercllc.net<mailto:listserv@ercllc.net>> Sent: Tuesday, 22 September 2026 13:27:03 To: ERC List Serve <listserv@ercllc.net<mailto:listserv@ercllc.net>> Subject: [Listserv] New SBA rules The new SBA rules effective October 1, require a Quality of Earnings analysis for all SBA loans over $3 million by a credentialed expert. They have not yet announced who will be qualified to do these, but it might require a CPA and it will be a huge opportunity for those willing to do this type of work. Stay tuned! Ron Seigneur 303.980.1111 Sent from my Galaxy S21
The SBA should be releasing one or more technical bulletins very shortly to clarify who will be qualified to do Q of Es for SBA lending purposes, effective Oct 1, and what must be covered. From what I learned yesterday from a panel I was on including three SBA lenders I do not perceive this to be a high risk service that might be a nice service line for us BVFLS folks to focus on if we have relationships with biz brokers and SBA lenders. The ASA conference next week, which can be attended virtually for either 2 days or one day has a nice session on doing Q of E studies btw. https://www.appraisers.org/asa-international-conference Just a piece of trivia Live Oak Lending is now fulfilling 80% of all SBA loans nationally. With Wells Fargo and Key Bank a distant 2nd and 3rd. Ron V-card<http://cpavalue.com/cfwebstore/email/Ronald%20L.%20Seigneur.vcf>| Web site<http://www.cpavalue.com/> | Bio<http://www.cpavalue.com/cfwebstore/index.cfm?fuseaction=feature.display&feat...> T 303.980.1111 D 720-665-9000 T 877.775.2676 F 303.308.6969 www.cpavalue.com<http://www.cpavalue.com/> [cid:image003.jpg@01DD4B4E.296B8EF0] Ron Seigneur MBA CPA/ABV ASA CVA Partner Ron.Seigneur@cpavalue.com<mailto:ron.seigneur@cpavalue.com> Seigneur Gustafson LLP 940 Wadsworth Blvd, Ste 200 Lakewood, Colorado 80214 Beyond the Number$ Click here<https://cpavalue.sharefile.com/r-rae8c2e26109748438e5529327a88b0a6> to send a secure file Thought for the quarter: "I used to have a handle on life, but it broke" - Anonymous Last quarters thought: "Choose to be optimistic, it feels better." - Dalai Lama [cid:image004.png@01DD4B4E.296B8EF0] [Diagram Description automatically generated] [cid:image006.png@01DD4B4E.296B8EF0] [A book cover of a financial valuation AI-generated content may be incorrect.] [cid:image008.png@01DD4B4E.296B8EF0] One of Forbes Top CPAs in Valuation Services in America 2025 and Top CPAs in Colorado 2026 [cid:image009.jpg@01DD4B4E.296B8EF0] More info or to register at: https://events.aicpa-cima.com/CannabisConf From: Katie Gilden <Katie@fiskeco.com> Sent: Tuesday, September 22, 2026 4:18 PM To: Karen Kaseno <kkaseno@gagroup.com>; Ron Seigneur <ron.seigneur@cpavalue.com>; ERC List Serve <listserv@ercllc.net> Subject: RE: New SBA rules Yes - I had heard this as well!!!! Thanks for sharing, Ron! [https://designing.webmynehost.com/emailer/New-FISK/fiske-logo.png] [https://designing.webmynehost.com/emailer/fiske/fb.png]<https://www.facebook.com/FiskeAdvisory> [https://designing.webmynehost.com/emailer/fiske/insta.png] <https://www.instagram.com/fiskeadvisory/> [https://designing.webmynehost.com/emailer/fiske/linkdin.png] <https://www.linkedin.com/company/fiskeadvisory> Katie Gilden Partner / Chief Operating Officer Direct: +1 954.361.7910 Office: +1 954.236.8600 Visit:<https://fiskeco.com/> fiskeco.com<https://fiskeco.com/> [https://designing.webmynehost.com/emailer/New-FISK/bdo.png] Please Upload files securely here<https://exchange-taxpayer.safesendreturns.com/DropOff/6wd0000f00000> CONFIDENTIALITY NOTICE: The information in this message is confidential and may be legally privileged. It is intended solely for the addressee. If you are not the intended recipient, any disclosure, copying, or distribution of the message, or any action or omission taken by you in reliance on it, is prohibited and may be unlawful. Please immediately contact the sender if you have received this message in error. Thank you. From: Karen Kaseno via Listserv <listserv@ercllc.net<mailto:listserv@ercllc.net>> Sent: Tuesday, September 22, 2026 4:36 PM To: Ron Seigneur <ron.seigneur@cpavalue.com<mailto:ron.seigneur@cpavalue.com>>; ERC List Serve <listserv@ercllc.net<mailto:listserv@ercllc.net>> Subject: [Listserv] Re: New SBA rules Well that is interesting! Thanks for passing that on, Ron! Karen PLEASE NOTE- The Kaseno CPA Firm, LLC was acquired by GA Group on August 17, 2026. All the same people- all of the same great service-just a new name! [Image] www.gagroup.com<http://www.gagroup.com/> [Image] <http://www.linkedin.com/company/great-american-group> Karen J. Kaseno, CPA, CVA, CFE, MAFF Managing Director Litigation Support Direct: (760) 753-7515 Email: kkaseno@gagroup.com<mailto:kkaseno@gagroup.com> 445 Marine View Avenue, Suite 300 Del Mar, CA 92014 [signatureImage][signatureImage] ________________________________ From: Ron Seigneur via Listserv <listserv@ercllc.net<mailto:listserv@ercllc.net>> Sent: Tuesday, 22 September 2026 13:27:03 To: ERC List Serve <listserv@ercllc.net<mailto:listserv@ercllc.net>> Subject: [Listserv] New SBA rules The new SBA rules effective October 1, require a Quality of Earnings analysis for all SBA loans over $3 million by a credentialed expert. They have not yet announced who will be qualified to do these, but it might require a CPA and it will be a huge opportunity for those willing to do this type of work. Stay tuned! Ron Seigneur 303.980.1111 Sent from my Galaxy S21
Does anyone here already do this work? What specifically needs to be done? Karen PLEASE NOTE- The Kaseno CPA Firm, LLC was acquired by GA Group on August 17, 2026. All the same people- all of the same great service—just a new name! [Image] www.gagroup.com<http://www.gagroup.com/> [Image] <http://www.linkedin.com/company/great-american-group> Karen J. Kaseno, CPA, CVA, CFE, MAFF Managing Director Litigation Support Direct: (760) 753-7515 Email: kkaseno@gagroup.com<mailto:kkaseno@gagroup.com> 445 Marine View Avenue, Suite 300 Del Mar, CA 92014 [signatureImage][signatureImage] ________________________________ From: Ron Seigneur <ron.seigneur@cpavalue.com> Sent: Wednesday, 23 September 2026 10:35:04 To: Katie Gilden <Katie@fiskeco.com>; Karen Kaseno <kkaseno@gagroup.com>; ERC List Serve <listserv@ercllc.net> Subject: RE: New SBA rules The SBA should be releasing one or more technical bulletins very shortly to clarify who will be qualified to do Q of Es for SBA lending purposes, effective Oct 1, and what must be covered. From what I learned yesterday from a panel I was on including three SBA lenders I do not perceive this to be a high risk service that might be a nice service line for us BVFLS folks to focus on if we have relationships with biz brokers and SBA lenders. The ASA conference next week, which can be attended virtually for either 2 days or one day has a nice session on doing Q of E studies btw. https://www.appraisers.org/asa-international-conference Just a piece of trivia Live Oak Lending is now fulfilling 80% of all SBA loans nationally. With Wells Fargo and Key Bank a distant 2nd and 3rd. Ron V-card<http://cpavalue.com/cfwebstore/email/Ronald%20L.%20Seigneur.vcf>| Web site<http://www.cpavalue.com/> | Bio<http://www.cpavalue.com/cfwebstore/index.cfm?fuseaction=feature.display&feat...> T 303.980.1111 D 720-665-9000 T 877.775.2676 F 303.308.6969 www.cpavalue.com<http://www.cpavalue.com/> [cid:image003.jpg@01DD4B4E.296B8EF0] Ron Seigneur MBA CPA/ABV ASA CVA Partner Ron.Seigneur@cpavalue.com<mailto:ron.seigneur@cpavalue.com> Seigneur Gustafson LLP 940 Wadsworth Blvd, Ste 200 Lakewood, Colorado 80214 Beyond the Number$ Click here<https://cpavalue.sharefile.com/r-rae8c2e26109748438e5529327a88b0a6> to send a secure file Thought for the quarter: “I used to have a handle on life, but it broke” – Anonymous Last quarters thought: "Choose to be optimistic, it feels better." — Dalai Lama [cid:image004.png@01DD4B4E.296B8EF0] [Diagram Description automatically generated] [cid:image006.png@01DD4B4E.296B8EF0] [A book cover of a financial valuation AI-generated content may be incorrect.] [cid:image008.png@01DD4B4E.296B8EF0] One of Forbes Top CPAs in Valuation Services in America 2025 and Top CPAs in Colorado 2026 [cid:image009.jpg@01DD4B4E.296B8EF0] More info or to register at: https://events.aicpa-cima.com/CannabisConf From: Katie Gilden <Katie@fiskeco.com> Sent: Tuesday, September 22, 2026 4:18 PM To: Karen Kaseno <kkaseno@gagroup.com>; Ron Seigneur <ron.seigneur@cpavalue.com>; ERC List Serve <listserv@ercllc.net> Subject: RE: New SBA rules Yes – I had heard this as well!!!! Thanks for sharing, Ron! [https://designing.webmynehost.com/emailer/New-FISK/fiske-logo.png] [https://designing.webmynehost.com/emailer/fiske/fb.png]<https://www.facebook.com/FiskeAdvisory> [https://designing.webmynehost.com/emailer/fiske/insta.png] <https://www.instagram.com/fiskeadvisory/> [https://designing.webmynehost.com/emailer/fiske/linkdin.png] <https://www.linkedin.com/company/fiskeadvisory> Katie Gilden Partner / Chief Operating Officer Direct: +1 954.361.7910 Office: +1 954.236.8600 Visit:<https://fiskeco.com/> fiskeco.com<https://fiskeco.com/> [https://designing.webmynehost.com/emailer/New-FISK/bdo.png] Please Upload files securely here<https://exchange-taxpayer.safesendreturns.com/DropOff/6wd0000f00000> CONFIDENTIALITY NOTICE: The information in this message is confidential and may be legally privileged. It is intended solely for the addressee. If you are not the intended recipient, any disclosure, copying, or distribution of the message, or any action or omission taken by you in reliance on it, is prohibited and may be unlawful. Please immediately contact the sender if you have received this message in error. Thank you. From: Karen Kaseno via Listserv <listserv@ercllc.net<mailto:listserv@ercllc.net>> Sent: Tuesday, September 22, 2026 4:36 PM To: Ron Seigneur <ron.seigneur@cpavalue.com<mailto:ron.seigneur@cpavalue.com>>; ERC List Serve <listserv@ercllc.net<mailto:listserv@ercllc.net>> Subject: [Listserv] Re: New SBA rules Well that is interesting! Thanks for passing that on, Ron! Karen PLEASE NOTE- The Kaseno CPA Firm, LLC was acquired by GA Group on August 17, 2026. All the same people- all of the same great service—just a new name! [Image] www.gagroup.com<http://www.gagroup.com/> [Image] <http://www.linkedin.com/company/great-american-group> Karen J. Kaseno, CPA, CVA, CFE, MAFF Managing Director Litigation Support Direct: (760) 753-7515 Email: kkaseno@gagroup.com<mailto:kkaseno@gagroup.com> 445 Marine View Avenue, Suite 300 Del Mar, CA 92014 [signatureImage][signatureImage] ________________________________ From: Ron Seigneur via Listserv <listserv@ercllc.net<mailto:listserv@ercllc.net>> Sent: Tuesday, 22 September 2026 13:27:03 To: ERC List Serve <listserv@ercllc.net<mailto:listserv@ercllc.net>> Subject: [Listserv] New SBA rules The new SBA rules effective October 1, require a Quality of Earnings analysis for all SBA loans over $3 million by a credentialed expert. They have not yet announced who will be qualified to do these, but it might require a CPA and it will be a huge opportunity for those willing to do this type of work. Stay tuned! Ron Seigneur 303.980.1111 Sent from my Galaxy S21
participants (3)
-
Karen Kaseno -
Katie Gilden -
Ron Seigneur