Business owners, attorneys, SBA, IRS, lenders, and turnaround managers all ask the same question…”What are these assets really worth?”
Gallivan has AMEA certified appraisers with worldwide experience. From small, local businesses, to large multi-location manufacturing plants across the globe, we employ the same rigorous standards of excellence for all appraisals!
REASONS YOU MAY NEED AN APPRAISAL:
- Allocation of Purchase Price
- Asset Based Lending
- Internal Planning
- Orderly & Forced Liquidation
- Turnaround & Workout
- Tax Purposes
- Office Technology
- Material Handling
- Other Business Types
WHY CHOOSE GALLIVAN?
The certified professionals at Gallivan have direct access to hundreds of sources, including our comprehensive in-house database. In addition to these sources, we network with other AMEA Certified appraisers coast-to-coast and worldwide in identifying current market industry trends. This allows for accurate fair market and liquidation values of machinery, equipment, and other business assets.
Professional expertise, over 50 years combined knowledge, and the continued education of our appraisers enables Gallivan to deliver a substantiated, irrefutable, defensible opinion of value that our clients can rely upon. All of Gallivan’s reports are consistent with the ethics and guidelines mandated by the Uniform Standards of Professional Appraisal Practice (USPAP).
You can count on Gallivan for professionalism, reliability, accuracy, and timeliness in all we do!
TYPES OF APPRAISAL REPORTS:
- COMPLETE INVENTORY APPRAISAL
A full report including all limiting conditions, critical assumptions, detailed equipment listing with individual values, aggregate value totals, definitions of values, approaches to value, and photographs. This method and approach requires a detailed and inspection of all assets. It presents the highest level of appraiser inspection and verification.
- NON-INSPECTED APPRAISAL (FORMER DESKTOP APPRAISAL)
An appraisal of limited scope where the appraiser estimates the value of the equipment from his workspace. This service is based upon information supplied to the appraiser, and without the benefit of a physical inspection of the equipment. Non-Inspected appraisals are common due to time, travel, and cost considerations.
- CUSTOM MARKET ANALYSIS * NEW REPORT *
This new report is unique because it can be modified to fit your needs while providing a low cost alternative. There are times when a detailed report is not necessary, or economically feasible. Using a customer provided fixed asset listing combined with a brief inspection, we have the ability to provide a tailored report with abbreviated descriptions. This report is most effective for loan restructure and forbearance situations.
- SITE ASSESSMENTS
Convert your “ABA” filing to a detailed inventory listing and have a true understanding of what your collateral position is. This includes an asset schedule, which can be used to update your UCC filings. Values are not included in this report; however, it can be quickly converted to an appraisal if values are required at a later date.
- SBA REPORTING
The SBA report is a process in which we collect and assess information from your borrower on your behalf and issue a report to the bank which includes: a detailed listing of all personal property at your borrower’s location(s), one copy of the UCC filings showing all secured liens, photographs, and an estimated auction range of value on the entirety, not by the piece.