How Equipment Appraisal Can Help To Secure Bank Loans?

When you plan to set up a business or expand the existing one, bank financing is the foremost concern. If the bank asks for collateral, your existing machinery or equipment seems to be the most viable solution. If you do not possess any asset to be presented as collateral, then you may be required to pay hefty interest rates. But, if you possess some machinery that you can use for Continue Reading;

A Beginner’s Guide to Equipment Appraisal

If you’re wondering what an equipment appraisal is and who equipment appraisers are, you ought to read this. What is an Equipment Appraisal? Equipment Appraisal is a report consistent with the Uniform Standards of Professional Appraisal Practice (USPAP). An equipment appraisal service is an accurate, irrefutable, defensible value of machinery and equipment for your business. Each report is assembled and reviewed by an accredited appraiser. This is an important distinction Continue Reading;