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How
Do You Know The Value Of The Customer’s Equipment Or That It Really
Exists?
Deadly Mistake #1: 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 or Certified by a Certified Machinery and Equipment Appraiser, 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. The loan file will not contain the substantiation needed to support a 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 liability and risk. 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 Or Equipment. If you can answer "Yes" to any of these situations, you are in need of an Independent Certified Machinery Or Equipment Appraisal.
... Get The Expertise Of A Certified Machinery And Equipment Appraiser Who Upholds The Regulations, Ethics, And Appraisal Procedures Of The Uniform Standards Of Professional Appraisal Practice (USPAP). A Certified Machinery And Equipment Appraiser (CMEA)
delivers an independent comprehensive Certified Machinery And 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. Rely On the Due Diligence Of A CMEA Who Submits A Certified Machinery And Equipment Report. It Makes Great Business Sense, Removes Liability And Removes Any Doubt By Bank Examiners. |
What Is Your Equipment Worth? 01/03/2010 There are over 20 different business reasons why you NEED a Certified Machinery and Equipment Appraisal by a Certified Machinery and Equipment Appraiser. Afterall, not ALL equipment appraisers are Certified. Make sure the equipment appraiser you choose upholds the ethics and reporting guidelines of the Uniform Standards of Professional Appraisal Practice (USPAP) promulgated by Congress and the Appraisal Foundation. You can rely with confidence on a Certified Machinery And Equipment Appraisal prepared and delivered by a CMEA because it is USPAP compliant, substantiated, defensible, and holds up to scrutiny. Now You Know You Need A Certified Equipment Appraisal, How Do You Find One? 01/03/2010 That is a great question and we are glad that you asked. You have come to the right place to locate a CERTIFIED MACHINERY AND EQUIPMENT APPRAISER (CMEA). With just a click of the mouse, you can locate a CMEA close to you. Click on the world icon that says, Locate A CMEA. Then choose your state from the drop down menu, click on Go. Up will pop a list of CMEAs close to you. If you require assistance, please call 866-632-2467. |
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