Our Certified Appraiser At Asset Reliance, Inc. Offer Valuation And Equipment Appraisals in Burbank, Such as Heavy Machinery Appraisals, Inventory Appraisals, Heavy Equipment Appraisers, Insurance Valuation, Asset Recovery, And Plant Appraisal in Burbank.
Throughout the practice of business or in personal life, there may come a time that you are in need of a completely unbiased, professional, and Certified Appraiser in Burbank to determine the value and worth of your business, business equipment, inventory value through an Inventory Appraiser, or other assets valuation. The need for such appraisals vary greatly, as well as the reach of industries that this may be required of, and with this results in the essence of choosing a company that is accredited, as experienced, and professional as Asset Reliance, Inc. to undergo your equipment and inventory valuation in Burbank.
The Uniform Standards Professional Appraisal Practice (USPAP)
USPAP, adopted by congress in 1989, continues now to define the standard ethics and procedures that any licensed appraiser must follow when determining the valuation of something. In order to become a Accredited Appraiser in Burbank, CA one must adhere to the guidance and rules of USPAP to deliver the epitome of Unbiased Opinions regarding the value of whatever it is that is being appraised. And at Asset Reliance, Inc., we do exactly that. USPAP sets the guidelines that we delicately follow so that your appraisal is honest, accurate, and effective in terms of what you are looking to get out of your inventory and Equipment Valuation in Burbank. They outline the steps that we take so that we can define exactly the needs of our client's appraisal to then council them to determine the type of category of value needed. This may be the following and these are all USPAP compliant:
- An Orderly Liquidation Value in Burbank
- A Forced Liquidation Value in Burbank
- A Fair Market Value in Burbank
- A Fair Market Value In Place And Use
What Is The Driving Force Behind Appraisals in Burbank?
Commercial banks generally issue loans based on a profit and loss statement (P&L) that allows them to see the cash flow and profitability of a business so that they can determine if you or your business can support the purchase or loan. Oftentimes, however, a business may not have a P&L statement that can support a much-needed loan, but this does not necessarily mean that it will not be approved. By utilizing what is known as Asset Based Lending in Burbank, a bank can use capital assets with or in place of a P&L as collateral to issue the loan; and this is where the appraisal comes into use. An asset-based lender will issue a loan based on a certain percentage (usually 50% or 75%) of the determined value of your assets and equipment.
Asset Reliance, Inc. is approved by many commercial banks and Asset-Based Lenders as certified appraisers in Burbank, which will help you and your business to achieve the financial lending you are searching for. By partnering with such, we will be able to work together so that the bank is guaranteed a Reliable Equipment Valuation in Burbank that will help them to feel secure in understanding the worth of their collateral so that they can comfortably and reliably give you your loan. The best of both worlds type of situation! As well as our client base of commercial banks and asset-based lenders, we also work with a variety of other clients that require our services:
- Valuation For Financial Reporting Under Account Standards Codification (ASC) Impaired Assets (ASC 360) And The Allocation Of The Purchase Price (ASC 805)
- Litigation Support/Expert Witness Testimony
- Estate Planning/Settlement
- Insurance Valuations in Burbank
- Eminent Domain
- Family Law & Partnership Disputes
- Property Taxation
- Asset Recovery in Burbank
- Charitable Contributions For IRS Appraisals
If your business has surplus equipment, machinery, or inventory/distressed inventory in Burbank that you would like to turn into liquid cash, as well as Business Valuation in Burbank for possible business merger or acquisition purposes, then you will find yourself in need of an appraisal.
What Qualifications Do Burbank Asset Reliance, Inc. Appraisers Have?
As well as diligently following the guidelines and requirements set in place by USPAP, our appraisers in Burbank are accredited by the American Society of Appraisers as Accredited Senior Appraiser (ASA) and the Association of Machinery and Equipment Appraisers as Certified Equipment Appraisers (CEA). This means that you are going to receive equipment or Machinery Appraisal in Burbank, that is honest, reliable, and most importantly accurate in regards to the fair market value, orderly liquidation value, and Forced Liquidation Value for whatever category that best suits your valuation. With national appraisals in as short as 8-10 days to complete from the time of inspection, we can have you ready for your next step in business or in life quickly and securely.
