Massachusetts Machinery and Equipment appraisal services
Accurate Massachusetts machinery and equipment appraisal services
Truman Mox Provides Accurate and Reliable Machinery and Equipment Appraisals in Massachusetts for Banks and Business Owners.
we are the leading third-party equipment appraisal company in massachusetts
Truman Mox parters with Massachusset banks and businesses in numerous industries. Whether your industry is healthcare, construction, restaurant, agriculture or transportation. You are guaranteed to recieve a USPAP appraisal report that is prepared by a Certified Equipment Appraiser.
reasons for an equipment appraisal
- Collateral – Banks need to know the value of their collateral. Whether they are performing a loan for their own loan portfolio or applying for an SBA Guaranty (7A or 504). The equipment appraisal process is important to document all aspects of the collateral.
- Cost Accounting – The allocation of assets with an accurate appraisal allows a business to accurately start its depreciation schedules.
- Buy-Sell Scenario – Whether a buyer or seller of a company. Obtaining accurate Fair Market Values on the Machinery and Equipment allows all parties a sense of comfort during the transaction. This appraisal then may be potentially used for loan, insurance, or cost accounting reasons.
- Partner Dissolutions – Allows both parties to equitably divide the value of the property accordingly.
what our appraisal services include
We offer several options for our clients and their needs.
1. A desktop appraisal will allow all parties to potentially save on time and cost. A desktop appraisal requires the client to submit information in regard to make, model, serial number, usage, and other factors. Photographs maybe asked by our appraiser as well.
2. On-Site appraisal requires the appraiser to visit the equipment location. They will collect all the necessary data and obtain photographs.
how our equipment appraisal services in massachusetts work
Step 1: Request an Appraisal
Need an equipment appraisal in Florida? Contact us today to schedule your service. We’ll review our appraisal process in more detail and help determine how we can best help you.
Step 2: A Data-Driven Approach
Our certified equipment appraisers will conduct a thorough inspection of your equipment. We will also review factors such as market data, cost-less depreciation, and the income you can expect to derive from your new equipment.
Step 3: Final Report
After completing our analysis, we’ll provide a comprehensive and detailed report. Our report will include our appraisal findings, supporting data, and photos. Contact our team today to schedule your initial consultation.
client comments
“Truman Mox visited our site in a timely fashion and provided great insights into the market. They were informative and provided a an equipment appraisal that met the satisfaction of our auditors” – Tom R. of Springfield, MA.
The trusted equipment appraiser in massachusetts
Truman Mox brings over a decade of experience in the machinery and equipment appraisal process. We are nationally recognized and work with all banks and business owners across Massachusetts. We service Boston, Springfield, Worcester, Pittsfield, and all surrounding areas. Contact us today to learn how we can help you and answer your questions.