When it comes to commercial loans, real estate often takes center stage. But what about businesses that don’t rely heavily on physical property? At ICS Asset Management Services, we understand that a company’s value extends beyond its walls. We specialize in appraising a wide range of assets that can serve as collateral for commercial loans, giving businesses the flexibility they need to grow. In this blog, we’ll look at assets appraised for commercial loans.

Assets Appraised for Commercial Loans

Let’s delve into some of the most common asset types we appraise for commercial loans:

  • Machinery & Equipment: The backbone of many businesses, machinery, and equipment come in all shapes and sizes. Our appraisers consider functionality, age, condition, and obsolescence to determine their fair market value.
  • Inventory: From raw materials to finished goods, inventory plays a crucial role in a business’s cash flow. We employ specialized valuation methods to assess the marketability and value of your inventory.
  • Medical Equipment: Specialized equipment is a significant investment for hospitals and medical practices. Our appraisers understand the unique considerations of medical equipment valuation, including technological advancements and regulatory requirements.
  • Transportation Equipment: Trucks, trailers, and other vehicles are vital for many businesses. We consider factors like mileage, condition, and industry trends to determine their accurate value.
  • Furniture & Fixtures: While seemingly minor, furniture and fixtures can contribute significantly to a business’s value. The quality, functionality, and remaining useful life of these assets are factors for our appraisers.

Why is Asset Appraisal Important for Businesses?

A professional appraisal clearly explains the value of your assets, allowing lenders to make informed decisions about loan terms and amounts. This information can be crucial for securing the financing you need to expand your business, invest in new equipment, or navigate unexpected challenges. 

Choosing the Right Appraiser

Experience is critical when selecting an ASA-certified appraiser for your commercial loan needs. Look for a company with appraisers qualified to value the specific asset types you own. Our ICS Asset Management Services team boasts extensive experience in appraising a diverse range of commercial assets, ensuring you receive an accurate and reliable valuation.

Contact Us Today

Don’t let your valuable assets go unnoticed. Contact ICS Asset Management Services today to discuss your commercial loan appraisal needs. Our experienced professionals will work closely with you to understand your business and provide a comprehensive asset valuation that positions you for loan success. Call (800) 536-7376 to schedule a consultation or submit an inquiry online.