ARG INdustrial
Machinery & Equipment Appraisal Services
ARG Industrial evaluates machinery and equipment and other assets in every industry across the United States. Appraisal services are provided for prospect, portfolio and distressed borrowers. ARG Industrial also advises companies that are down-sizing fixed asset investment through normal course operations or in discontinuing operations scenarios.
Industries evaluated by ARG Industrial include construction, metal working, plastic, printing, rubber, food processing, chemical production, woodworking, textile, pulp/paper, steel, stamping, fabricating, packaging/corrugated, plant support, materials handling, transportation, pharmaceutical, jewelry manufacturing, glass aerospace. Please see ARG COMPANIES INDUSTRY EXPERIENCE for a comprehensive listing of industry experience.
ARG Industrial’s certified appraisers utilize their up-to-the-minute expert knowledge on industry and current market prices to thoroughly evaluate asset values. ARG Industrial prides itself in providing high quality, accurate, timely, reasonably priced appraisals.
ARG Industrial works with borrowers and stakeholders to make sure appraisals meet the scope and breadth within a project’s budget, whether that is visiting multiple locations or just one. ARG Industrial will also provide a desktop (uninspected appraisal), which cuts down on costs, if needed. Uninspected appraisals do lack necessary details if a liquidation event does occur. If such an event occurs, ARG Industrial will need to complete additional field work in order to successfully maximize liquidated asset recovery.
Industrial provides appraisal services for prospect, portfolio and distressed situations including liquidation and auction services. Industrial also advises and conducts auction services for companies down-sizing their fixed asset investment.
Evaluation Types
ARG Industrial can provide multiple evaluation types: forced liquidation value, orderly liquidation value, fair market value and fair market value for in use/in place. If you are not sure what evaluation standard you need, please give ARG Industrial a call to discuss. We are always happy to talk and make sure you receive exactly what is needed for your project.
Forced Liquidation Value
A professional opinion of the estimated most probable price expressed in terms of cash in U.S. dollars that the subject equipment could typically realize at a properly advertised and conducted public auction sale, held under forced sale conditions and under present day economic trends, as of the effective date of the appraisal report. Conclusions taken into consideration are physical location, difficulty of removal, physical condition, adaptability, specialization, marketability, overall appearance and psychological appeal. Further, the ability of the asset group to draw sufficient prospective buyers to ensure competitive offers is considered. All assets are to be sold on a piecemeal basis “as is” with purchasers responsible for removal of assets at their own risk and expense. Any deletions or additions to the total assets appraised could change the psychological and/or monetary appeal necessary to gain the price indicated.
Orderly Liquidation Value
A professional opinion of the estimated most probable price expressed in terms of cash in U.S. dollars that the subject equipment could typically realize at a privately negotiated sale, properly advertised and professionally managed, by a seller obligated to sell over an extended period of time, usually within six to twelve months, as of the effective date of the appraisal report. Further, the ability of the asset group to draw sufficient prospective buyers to ensure competitive offers is considered. All assets are to be sold on a piecemeal basis “as is” with purchasers responsible for removal of assets at their own risk and expense. Any deletions or additions to the total assets appraised could change the psychological and/or monetary appeal necessary to gain the value indicated.
Fair Market Value
A professional opinion of the estimated most probable price expressed in terms of cash in U.S. dollars to be realized for property in exchange between a willing buyer and a willing seller, with equity to both, neither being under any compulsion to buy or sell, and both parties fully aware of all relevant facts as of the effective date of this appraisal.
Fair Market Value – In Use/In Place
A professional opinion of the estimated most probable price expressed in terms of cash in U.S. dollars to be realized for property in exchange between a willing buyer and a willing seller, with equity to both, neither being under any compulsion to buy or sell, and both parties fully aware of all relevant facts, as installed for intended utilization.
Uninspected Appraisal
A professional opinion of the appropriately defined value expressed in terms of cash in U.S. dollars to be realized by the sale of the equipment, in which the opinion is generated from lists and/or other informational materials supplied to the appraiser and evaluated without the benefit of an actual on-site inspection.
Liquidation/Auctioning/Winddown Services
ARG Industrial has extensive experience in providing liquidation services in or outside of bankruptcy. Whether its liquidation or auction or winddown services, ARG Industrial will track lender’s loan to value or a stakeholder’s position to value with each transaction during liquidation/auction or winddown. ARG Industrial also provides budget to plan tracking services in which they are managing liquidation services. For more details on liquidation services, please see Asset Recovery.