For many businesses, Machinery and Equipment represent a significant share of a business’ value and there are times when those assets will need to be appraised. Like a business valuation, there are common reasons for when a Machinery & Equipment Appraisal will be needed. The most common reason is asset-based lending when the Machinery & Equipment is being used as collateral for securing a bank loan.
Specifically, for SBA Lending, the SBA SOP’s are clear in stating that when determining the value of a company’s fixed assets, the lender must use the Book Value of Assets unless there is an Independent M&E Appraisal.
Whether for conventional or SBA lending, GCF uses in-house accredited appraisers for all engagements, including engagements that require an on-site inspection when a physical inspection is needed. Our site inspection reports will stand up to any audit. All GCF Machinery & Equipment Reports are USPAP & SBA Compliant and include Fair Market Value, Orderly Liquidation Value, and Forced Liquidation Value.
- ON-SITE INSPECTIONS: We do NOT outsource this critical task.
- DESKTOP APPRAISALS: The alternative to appraisals not requiring site inspections.
- DEDICATED M&E TEAM: Turn-around time is 10-12 business days, once site inspection and/or all documents have been provided.
- FLEXIBLE FEE STRUCTURE: Fees are based per piece & type of equipment (minimum fee is $1000 per appraisal).
- EXPERTISE: Our M&E valuation team is powered by GCF's 25 years of business valuation expertise
