Prepared for lenders, CDCs, and federal agencies to SBA SOP 50 10 8, USDA RD Instruction 5001, and conventional underwriting standards. Fiduciary duty runs to the lender and the agency, never the borrower. More than 4,000 studies since 1998 covering $40.2 billion in evaluated project value.
Truck-service feasibility is fleet-relationship analysis: the carrier domiciles and lanes within the service radius, bay-utilization economics across tire, PM, and repair lines, parts and mobile-service revenue, national-account and warranty work, and — for cardlock and fleet fueling — the committed fleet accounts behind gallon projections. Technician availability is treated as a binding constraint, because service capacity is labor before it is bays.
Methodology combines fleet-population and carrier data, competitive service-capacity census, labor-market analysis for technicians, and industry benchmarks for bay revenue and fuel margins. Coverage is tested with utilization and labor-cost sensitivity.
Every Wert-Berater financial model is fully linked with no hardcoded values, so any reviewer can stress any input. Deliverables comprise a complete narrative report and the linked Excel model, with ten-year pro forma, sensitivity analysis at ±5, 10, and 15 percent, interest-rate stress from +0.5 to +3.0 percent, and ratio analysis benchmarked against RMA and IBISWorld data.
SBA engagements are prepared to SOP 50 10 8, including its debt-service-coverage minimums of 1.15x operating and 1.00x global. USDA engagements follow RD Staff Instruction 5001 across the Business & Industry, Community Facilities, REAP, and Value-Added Producer Grant programs. Conventional engagements are built to the lender's stated coverage standard, typically 1.20x. Roadside and transportation-service projects arrive under SBA 504 and 7(a) for owner-operators — with SOP 50 10 8 special-purpose property treatment addressed where it applies — USDA B&I at qualifying rural locations, and conventional structures for multi-site operators.
The firm's roadside-services record spans travel centers and fuel retail nationwide, including SBA 504 and conventional engagements from $3,969,648 to $48,571,365. Independence is non-negotiable: determinations follow the evidence and are not revised under pressure, and studies are built to pass lender, agency, and third-party review without exception items.
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