For Bankers/Lenders

Information for Bankers and Lenders

How do you know the value of the customer’s machinery & equipment, or that it Really exists?

Deadly Mistake #1: Relying on the word of an “uncertified” person to deliver a value on the equipment.

Auctioneers and machinery/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 or certified by a CMEA, it will not withstand scrutiny! This method is not only inaccurate but filled with liability and risk.

Deadly Mistake #2: Guessing at equipment values.

Guessing is filled with liability and risk too! As a result of this mistake, the loan file will not contain the substantiation needed to support the loan decision.

Deadly Mistake #3: 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 risk and liability.

Every day, Bankers, Lessors and Lenders come face-to-face with decisions that involve arriving at a realistic, independent and Fair Market Value for machinery & equipment.

If you can answer “Yes” to any of the following situations, then you are in need of an independent Certified Machinery & Equipment Appraisal.

· Is there a chance that your machinery or equipment loans are under-collateralized?

· Are you becoming more “asset minded” due to cask flow and economic times?

· Do you need to know the value of machinery or equipment to secure existing loans?

· How much will you bring per item?

· Do you have an experienced professional who has a national market of buyers that can turn a reposed item into cash?

· Is it time to liquidate?

At Last…

...Get the expertise of a Certified Machinery & Equipment Appraiser who upholds the regulations, ethics, and appraisal procedures of the Uniform Standards Of Professional Appraisal Practice (USPSP).

The Certified Machinery and Equipment Appraiser (CMEA) at Avail Appraisals delivers an independent comprehensive Certified Machinery & Equipment Appraisal Report that is irrefutable, defensible and withstands scrutiny because it is based on comparables and market research. Gone are the days when a true realistic market value cannot be obtained because of a lack of research, experience and certification.

A CMEA delivered report by Avail Appraisals eliminates your risk and liability associated with the appraisal of machinery and equipment. In addition, the CMEA at Avail Appraisals has experience in liquidation of machinery or equipment.

Rely on your due diligence of a CMEA who submits a Certified Machinery & Equipment Report.

It makes great business sense, removes liability, and removes any doubt by bank examiners.

“Your Certified Appraisal Source”