There are many reasons to obtain a Certified Equipment & Machinery Appraisal. Here is a brief list of the top reasons equipment appraisals are obtained. Loans – More banks are relying on certified equipment and machinery appraisals to justify loan decisions for portfolio loans.
Often we get calls into the office wanting to know if we will travel for an assignment. And we always stress to all our customers that we will due the necessary tasks to get the job done! And if that includes traveling we are happy to do so.
Extremely important, a feasibility study focuses on answering the essential question in regards to proceeding with a proposed project. All aspects of the study are directed toward helping answer this question. Feasibility studies can be used in many industries such as hotels, hospitality, convention planning, agricultural and restaurants to name a few.
Truman Mox recently completed a medical equipment appraisal assignment appraising over 200 pieces of medical equipment and FF&E for an independent hospital that is merging with a larger counterpart. Mergers of smaller hospitals with larger hospitals will become more common place in the next few years as health care costs continue to rise and small independent hospitals are finding it harder to provide quality healthcare while they prepare for changes in the way hospitals will be reimb…
What does every banker dread? Both their external exam by their hired third party Certified Public Accounting Firm and their annual Federal Exam, whether from the FDIC or Office of Thrift and Supervision (OTS). In the banking market today it is more important than ever to substantiate values you are placing on your collateral.
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