{"apiVersion":"2026-10-19","data":{"disclaimer":"Educational. Not legal, tax, or financial advice. Match your result to the published test vectors for this version.","version":"2026-10-19","calculators":[{"name":"amortize","title":"Amortization","version":"2026-10-19","description":"Fully amortizing payment. A zero rate spreads principal evenly.","vectors":1},{"name":"dscr","title":"Debt-service coverage","version":"2026-10-19","description":"Cash flow divided by annual debt service. Null when debt service is not positive. A ratio under 1.25 is a common lender screen, not a rule.","vectors":1},{"name":"sba_structure","title":"SBA structure","version":"2026-10-19","description":"Down payment and seller note as percents of price. The remainder is the SBA loan. Does not apply SOP 50 10.","vectors":1},{"name":"deal_structure","title":"Deal structure","version":"2026-10-19","description":"Buyer cash, seller note, contingent earnout, equity roll, and the SBA loan that fills the rest. Earnout is outside the loan.","vectors":1},{"name":"add_backs","title":"Add-back worksheet","version":"2026-10-19","description":"Sums lines to SDE and warns when a one-time add is marked recurring or is large against reported profit.","vectors":2},{"name":"working_capital_peg","title":"Working capital peg","version":"2026-10-19","description":"Current assets excluding cash, minus current liabilities excluding debt, compared with a negotiated peg. No typical percent.","vectors":1},{"name":"buyer_readiness","title":"Buyer readiness","version":"2026-10-19","description":"Weights on a published checklist. Not a credit decision.","vectors":1},{"name":"seller_exit","title":"Exit readiness","version":"2026-10-19","description":"Seller checklist with a 90-day plan and a 1-year plan. Not a valuation.","vectors":1},{"name":"valuation","title":"What is my business worth?","version":"2026-10-19","description":"SDE times a NewHands teaching-assumption industry band (illustrative planning range, not a market transaction comp dataset), with disclosed adjustments, floored at 0.80. Real estate is added after the multiple. An estimate, not an appraisal.","vectors":1},{"name":"buy_box","title":"Buy box","version":"2026-10-19","description":"Normalizes a buyer's search. Unknown industries and states are dropped. Not proof of funds.","vectors":1}]}}