Frequently asked questions

A Workup is an institutional-grade analysis of a small business you are buying or lending against: verified numbers (books reconciled to tax returns, revenue traced to bank deposits, every seller add-back tested against bank data), an investor's judgment on what the numbers mean, and, on buyer-side reports, an answer to what the business is worth against comparable transactions. Every report is reviewed and signed by the founder, a twenty-year institutional portfolio manager.

• Pro, $3,500 per deal. The pre-LOI screen: Sections 1 to 9, 11, and 12 of the report, a light databook, and a 30-minute findings call. Five business days. Credited in full toward Diligence on the same target within 60 days.
• Diligence, $15,000 per engagement. The full report including Valuation Context, the full databook and model, an executive summary deck, a lender-formatted package, a seller call, and 60 days of support.
• Lender QoE, $15,000, borrower-paid. The Diligence analysis in the form SOP 50 10 8.1 Appendix 15 requires: commissioned by and prepared for the lender under a tri-party engagement letter, two-fiscal-year Cash Proof, debt service coverage at 1.25x on historical normalized earnings, independence statement. No valuation context. Founding lenders: $12,000 for the first two reports.
• Add-ons (buyer-side only). LOI Review, $1,500: a 48-hour review of your offer terms against the findings. Deal Perspective, $5,000: the reviewer of record's written read on comparable transactions and the characteristics that move multiples, with a one-hour call. Expedited delivery, +45%: 48 to 72 hours.
• Self, $497 per month, launching 2027. The engine as a platform for active searchers screening several deals a month. Join the waitlist.

Five business days from complete materials. The clock starts when the seven required documents are in the secure folder and pass our completeness check, which we confirm within one business day. Expedited delivery in 48 to 72 hours.

Three years of tax returns and year-end financials, 24 months of monthly P&Ls and bank statements for every business account, the seller's add-back schedule, customer revenue by customer, and the offering memorandum with the proposed deal terms. The full request list is sent with the engagement confirmation.

The borrower, as the SOP permits, and the cost can count toward the equity injection. The report is commissioned by the lender, prepared for the lender's benefit, and the borrower receives a copy for information.

No. Workup provides analytical services. Reports describe findings and their implications; they are not audits, reviews, attestations, business valuations, or appraisals, and they do not tell a buyer whether to buy or a lender whether to lend. Buyer-side reports place a business against comparable-transaction multiples with the arithmetic shown; they never state a point value.

Materials are processed through enterprise AI services under agreements that prohibit training on your data, encrypted in transit and at rest, and deleted 90 days after delivery unless you ask us to retain them. Workup carries professional liability (technology errors and omissions, with AI coverage) and cyber insurance; certificates on request.

Charlotte, North Carolina; entity in Delaware with an operating office in Alpharetta, Georgia. We work with buyers and lenders nationally and can meet in person across the Southeast.

Book a 20-minute call: calendar.app.google/nKdrx7GfL7bazrdJ9. Or email gray@getworkup.ai with the deal you are looking at.