The study itself takes two to three weeks. Whether it costs the deal any calendar at all is a sequencing decision.
Production time on a standard Wert-Berater study is ten to fifteen business days from complete project data; complex and international engagements run twenty to twenty-five. Those are the fixed numbers. The variable numbers are upstream and downstream of production: how long the data room takes to complete, and where in the loan cycle the study was ordered. A study commissioned at application runs parallel to everything else the file requires and costs the timeline nothing; the same study ordered after committee questions becomes the critical path, with every revision cycle compounding.
The data-readiness variable is the larger one in practice. Engagements that arrive with budgets, plans, entitlements, financials, and contracts assembled start same-week; engagements that trickle documents reset the analysis repeatedly. The difference between the two postures on an otherwise identical project is commonly a month.
On USDA-guaranteed credits the study’s quality compounds through agency review: a compliant study passes once; a deficient one enters a correspondence cycle with Reg 5001’s factor list as the checklist, and each round trip is measured in weeks. The arithmetic favors doing it once: the marginal cost of a thorough study is days; the cost of a returned one is months.
For sponsors with rate locks, seasonal construction windows, or sellers on contract deadlines, the planning instruction is one sentence: order the study when the application opens, deliver the data room complete, and the feasibility requirement will never appear on the critical path.
President, Wert-Berater, Inc. — independent feasibility study consultants since 1998. More than 4,000 feasibility studies completed across all 50 states and internationally, evaluating $40.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. Fiduciary duty runs to the lender and agency in every engagement.
+1 310-857-2443 ext. 800 · email · 1968 South Coast Hwy, Ste 2382, Laguna Beach, CA 92651 · 111 Town Square Pl Ste 1238 PMB 657834, Jersey City, NJ 07310 · 539 W. Commerce St #8486, Dallas, TX 75208
Schedule a ConversationIndependent feasibility studies since 1998 — 4,000+ engagements, $40.2 billion in evaluated project value. Standard delivery in 10 to 15 business days. Fiduciary duty to the lender and agency.