equipment inspections

Verifying the Existence of Assets Before Funding Decisions

By |2023-11-15T23:19:17+00:00November 15th, 2023|Equipment Inspections, Uncategorized|

In today's dynamic business landscape, organizations constantly seek opportunities to invest in new equipment and assets to enhance their operations and competitive edge. However, before committing valuable resources to such investments, ensuring the existence and condition of the assets in question is crucial. This verification is where equipment inspections are pivotal in mitigating risks and

Spotting The Top 5 Red Flags During Equipment Inspections

By |2023-07-20T01:17:18+00:00July 20th, 2023|Equipment Appraisals, Equipment Inspections, News|

  Equipment inspections ensure the safety, functionality, and reliability of machinery and tools used in various industries. Whether you're a business owner, equipment operator, or an appraiser assessing the equipment's value, identifying warning signs during inspections is essential. These red flags can indicate potential issues impacting the equipment's performance, lifespan, and appraisal value. In this blog, we'll explore

What Information is Needed for an Equipment Appraisal?

By |2019-09-26T17:55:24+00:00September 26th, 2019|News|

  I frequently get asked to quote equipment appraisal projects. Often the potential client has never purchased an equipment appraisal before. Before I begin, I review what information is needed to prepare a quote for an equipment appraisal. First is the reason (or need) for the report. The report structure for financing collateral purposes, for

What is Normal Useful Life?

By |2019-09-05T15:26:06+00:00September 5th, 2019|News|

If you are selling your business, financing or refinancing, or auctioning old equipment, you may need the services of a machinery appraiser to determine the value of your business assets. During an equipment appraisal, a skilled appraiser will use a variety of factors to determine fair equipment values.  One factor typically considered is the asset's

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