LENDING INSTITUTIONS

 

If you answer "Yes" to any of these questions, you're in need of an independent certified machinery and equipment appraisal by a qualified appraiser preparing a qualified appraisal.

 

  • Do you need to know the value of equipment and machinery to secure existing loans?
  • Is there a chance that your machinery or equipment loans are under collateralized?
  • Are you becoming more "asset minded" due to cash flow and economic times?
  • Repossession inevitable and how much can the item bring in today's market?
  • Is it time to liquidate the assets of a business?
  • Do you have an experienced professional who has a national market of buyers that can turn a repossessed item into cash?

 

Three Mistakes Made in Determining Equipment Values...

 

First: relying on the word of an "uncertified" person to deliver a value on equipment.

 

Auctioneers and machinery and equipment dealers may have a hidden agenda. 99.9% of these individuals are not Certified or trained in providing USPAP compliant appraisal reports. If the appraisal report you obtain is not USPAP compliant it is not a "qualified" appraisal prepared by a "qualified" appraiser pursuant to the Council of Foundations, IRS, or others. A Certified Machinery and Equipment Appraiser (CMEA) who is a member of The NEBB Institute, meets and exceeds the experience and training requirements of many governing authorities. Beware if the individual does not have a certification. You will only be opening yourself up to increased costs, liability, risk, and an unsubstantiated equipment appraisal.

 

Second: guessing at equipment values.

 

Guessing is filled with liability and risk. The loan file will not contain the substantiation needed to support a loan decision. A Certified Machinery and Equipment Appraiser delivers an independent comprehensive appraisal report that is defensible and withstands scrutiny because it is based on comparable and market research.

 

Third: relying on the depreciation schedule.

 

The depreciation schedule is only important to the business owner, CPA, and the IRS. The depreciation schedule will not provide the fair market value, orderly liquidation or forced liquidation value. Once again, this method is filled with liability and risk.

Appraisal Services

  • Desktop Opinions
  • On Site Physical Inspection & Appraisal
  • Inventory Valuation
  • Insurance Premium/Loss
  • Lease Review & EOL
  • Charitable Donations
  • Estate Planning
  • Ad Valoreum (Property Tax)
  • Ownership Transfer Inspections

Certified

RBB-NEBBI

Contact

Standards

We adhere to the highest standard of excellence and ethics in the machinery and equipment appraisal industry set by the National Equipment and Business Builders Institute and comply with the regulations and ethics of the Uniform Standards of Professional Appraisal.

 

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