The valuation of assets is of crucial importance to our clients.
ATEC performs machinery and equipment appraisals for financial institutions, law firms and business professionals involved virtually every industry. We have the ability to customize our services to meet our client's specifications and time restrictions. Our appraisers are dedicated to providing accurate, detailed and thorough appraisals, which are delivered professionally and promptly.
Appraisal services are requested year round for a variety of applications, including:
Financing: Financial institutions require a certified appraisal in order to adequately support their lending decisions. Appraisals validate the assets of the debtor and aid in decisions such as recovery and liquidation. Appraisals are valuable through the entire life of a loan, from pre-loan evaluations to interim loan monitoring and for work-out recovery assessments.
Tax Reporting Purposes: A certified appraisal provides an accurate value of the company's tangible assets, which is required for business valuations, tax reporting, and financing.
Purchase or Sale: When an owner is selling a company, a certified appraisal provides the Fair Market Value of the company's assets, allowing the owner to set an accurate sale price. The appraisal will provide the buyer with the assurance that the selling price is fair and accurate.
The appraisal services offered by ATEC include:
Onsite Appraisals: ATEC will travel to each location to personally view the assets. Detailed descriptions and conditions of the assets are noted while on site, and photos are taken (if permitted).
Desktop Appraisals: ATEC performs an appraisal using a detailed list of the assets, usually provided by the client or company. ATEC's appraiser coordinates with personnel at the company to obtain additional information about the assets, if required. This method is useful for companies that may have equipment over several locations, such as a construction company with equipment on several job sites.
Combination: ATEC can combine the appraisal services by performing an onsite appraisal for one location and a desktop appraisal for another. This option provides a cost effective alternative for our clients by reducing the cost of travel expenses.
ATEC's appraisals are conducted by certified appraisers in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP). The appraisal team for each assignment is selected by their specialized area of expertise.
Type of Valuation
There are several generally accepted value premises that may be requested; the most commonly requested are described in detail below:
Forced Liquidation Value: An opinion of the gross amount, expressed in terms of money, that typically could be realized from a properly advertised and conducted public auction, with the seller being compelled to sell with a sense of immediacy on an as-is, where-is basis, as of a specific date.
Orderly Liquidation Value: An opinion of the gross amount, expressed in terms of money, that typically could be realized from a liquidation sale, given a reasonable period of time to find a purchaser (or purchasers), with the seller being compelled to sell on an as-is, where-is basis, as of a specific date.
Fair Market Value: The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.
For additional information, or to schedule an appraisal, contact Kati Kingdon, ATEC's Project Manager.
Appraisals, CRO, Receiverships, Liquidation, SBA 7A/504 Financing
Receiverships, CRO, Appraisals
Surplus Asset Sales, Business Cessation Sales, Acquisition Business Sale, Appraisals, Insurable Value, M&E Appraisals
Appraisals, Business Analysis, Inventory Valuation, Business Evaluation
Public Auctions & Inventory Sales