Machinery
and Equipment Appraisals
A Certified Machinery and Equipment Appraiser (CMEA), educated and certified by the NEBB Institute, delivers an independent comprehensive Certified Machinery and Equipment Appraisal Report that is irrefutable, defensible and withstands scrutiny because it is based on comparables and market research. Gone are the days when a true realistic market value cannot be obtained because of a lack of research, experience and certification.
Attention
- Loan Officers
- Attorneys
- CPAs
- Private Business Owners
Appraisal Steps
When searching for a Machinery and Equipment appraiser you should know the following:
- Is the appraiser certified?
- Is the appraiser in compliance with USPAP appraisal society standards?
- Is the appraiser independent from the transaction?
- The depreciation schedule will not provide the fair market value, orderly liquidation or forced liquidation value. This method is filled with liability, risk, and error.
- Are there ethics and regulations at the backbone of a machinery and equipment value?
A Certified Machinery and Equipment Appraiser (CMEA), educated and certified by the NEBB Institute, delivers an independent comprehensive Certified Machinery and Equipment Appraisal Report that is irrefutable, defensible and withstands scrutiny because it is based on comparables and market research. Gone are the days when a true realistic market value cannot be obtained because of a lack of research, experience and certification.
Our CMEAs at Pinnacle Business Solutions promise you a reliable appraisal that will withstand scrutiny and meet USPAP guidelines. A certified equipment appraisal removes doubt, substantiates loan values, and reduces the risk of liability.
Need a “Desktop” machinery & equipment appraisal?
This is what we need to initiate each engagement:
- Depreciation schedule of all items to be appraised
- Make, model, serial numbers, hours and/or mileage for any mobile equipment (vehicles, forklifts, tractors, cranes, etc.)
- Photos of any equipment with original cost new of $50,000 or greater
Why do you need a certified appraisal for your machinery and equipment?
Lenders are required to substantiate equipment values to satisfy the U.S. Small Business Administration and Bank Examiners. CPAs are required by the IRS to substantiate equipment values to satisfy the Pension Protection Act of 2006 and AICPA Standards of valuation. Likewise, Attorneys need to rely on a qualified and certified appraisal when representing a client. Each of these professionals all ask the same question: “What’s the equipment really worth?” They may even ask…”Is there goodwill?” “Do only the tangible assets of your business have value?” If so, how are those assets valued?
- DO NOT guess.
- DO NOT rely on the word of a non-certified person who may have a hidden agenda (auctioneer or dealer).
- DO NOT merely rely on the depreciation schedule or book value.
Our assignment of value of your machinery & equipment will be based on extensive research, personal inspection, and contact with manufacturers and suppliers.
Estimating the true market value of your machinery and equipment at any given time requires the specialized skills of a professional who has the expertise and certification to determine its true fair market value. Whether you need to know the fair market value or other standards of value such as liquidation value, salvage value or replacement cost, doesn’t it make sound financial sense to obtain a credible Certified Equipment Appraisal Report that holds up under scrutiny with financial institutions, government agencies, buyers, sellers, shareholders or partners?
Ask about our 5 Day turnaround time!
Our machinery and equipment appraisals are accurate, defensible, and irrefutable because we search through our database filled with over 4 million comparables and apply methodologies consistent with the scope.
About the NEBB Institute
The NEBB Institute endorses and strives to observe the highest standards of professional ethics to preserve the public trust inherent in the professional appraisal practice.
The NEBB Institute provides initial and monthly comprehensive education, on-going support, a dynamic international network, and certifies professionals in the art of machinery/equipment appraisal.
About Ethics
Many attempts have been made to educate the public on how to protect themselves when it comes to providing accurate machinery and equipment values. The problem is that most appraisers guess; rely on book value or the opinion of a non-certified person. The public relies on surface-level information from an appraiser which does not give the public indication as to the level of accuracy or competency.
Through our association with the NEBB Institute, Pinnacle is committed to preserving the public trust. Pinnacle adheres to the NEBB Institute’s “Code of Ethics & Competency” Appraiser Awareness Program, which has been in acted to protect the public from unsubstantiated or questionable machinery and equipment appraisals.
This seal serves to alert the public to the documentation that is necessary to prove that an appraiser is competent. This assures an appraisal will be substantiated, accurate, irrefutable and defensible. The appraisal will withstand scrutiny.