Loeb Appraisal, a division of Loeb, specializes in appraising machinery and equipment within the food, pharmaceutical, cosmetics, chemical, metalworking, woodworking, plastics, and printing industries. Our USPAP Compliant market appraisals give our customers clear insight to the value of their capital assets and give financial partners the security to lend on their clients assets with a clear understanding of exit strategy should there be a need to liquidate.

Our expertise in the field comes from our direct experience in buying and selling quality used machinery and, unlike others in the industry, our appraisal values are based on actual historical transactions.

Loeb Appraisal offers several options and standard appraisal packages, including:

Gold Level Appraisal

Gold Level Appraisal

Silver Level Appraisal

Silver Level Appraisal

Bronze Level Appraisal

Bronze Level Appraisal

Timing

Timing

Appraisal provided within 2 weeks of physical inspection

Timing

Appraisal provided within 3 weeks of physical inspection

Appraisal provided within 4 weeks of physical inspection

Detail

Detail

Grouped valuation of items under $500 USD throughout site(s)

Detail

Grouped valuation of items under $2,500 USD throughout site(s)

Grouped valuation of items under $5,000 USD throughout site(s)

Expense

Expense

Actual Out-of-Pocket Expenses Charged

Expense

LOCAL: No charge for expenses within 75 miles of Loeb's Global Headquarters or Satellite Offices

STANDARD: Actual Out-of-Pocket Expenses Charged

Actual Out-of-Pocket Expenses Charged

Format

Format

Report provided in standard PDF format

Abbreviated asset list provided in MS Excel format

Format

Report provided in standard PDF format

Report provided in standard PDF format

Photos

Photos

Photos provided for all assets that comprise 80% of the estimation of value

Photos

Photos provided for Top 12 assets only

None Provided

Industry Insight

Industry Insight

Overall plant conditions
Condition of equipment
Overall Status of Industry

Industry Insight

Overall plant conditions
Condition of equipment

None Provided

Definition of Values

Additionally, Loeb Appraisal can provide: Appraisal Analytics (Classifications & Key Value Pts.)

There are four types of valuation that Loeb uses as the basis for their appraisals:

  • Forced Liquidation Value (FLV): (previously known as “public auction value”) The estimated gross income of a well-prepared and properly advertised sale conducted on the premises at the present time. Timeframe: 2-3 Months
  • Orderly Liquidation Value (OLV): The estimated gross proceeds that could be expected from the forced piecemeal Sale (and removal) of the subject property, privately negotiated. Timeframe: 6-9 Months
  • Fair Market Value (FMV For Removal): The estimated highest gross value which a willing buyer would be justified in paying where the buyer would not continue to use the subject property in place for continued (same or similar) operations on a turnkey basis.
  • Fair Market Value (FMV In Place): The estimated highest gross value which a willing buyer would be justified in paying where the buyer would continue to use the subject property in place for continued (same or similar) operations on a turnkey basis.

The Loeb Appraisal Proven Process

Loeb Appraisal prides itself on a streamlined process for the appraisal process from start to finish. At the time the request for appraisal services is received, the team is put in place and a project plan is mapped from the inspection all the way through to the final appraisal report and quarterly follow-up.

 

Advantages to Working with Loeb Appraisal

  • Our Industrial Knowledge – We only perform market value appraisals on the equipment we buy, sell, auction, or finance on a daily basis giving us key insight into market trends and current equipment developments and making the basis for our valuations actual historic data not just mathematical formulas.
  • Our Accredited Appraisers – Loeb’s appraisal division is comprised of accomplished and credentialed professionals, each with 25 years or more of experience, who hold certifications from the Association of Machinery and Equipment Appraisers (CEA) and Equipment Appraisers Association of North America (CSA).
  • USPAP – All of our appraisals are USPAP compliant.

Loeb Appraisal’s certified market appraisals help companies and financial partners gain insight in situations involving:

  • Asset-based lending and procurement of financing
  • Acquisition cost allocation
  • Lease end negotiations
  • Insurance values, replacement costs and loss settlement
  • Partnership formulation or dissolution
  • Mergers and acquisitions
  • Litigation
  • Property tax issues
  • Risk management
  • Divorce Litigation

Uniform Commercial Code Filing

Upon completion of any physical appraisal, we can provide an Exhibit A with a detailed equipment listing that can be filed with your UCC1 so there is no question what is either minimally or maximally included in your lien.

For more information on Loeb Appraisal or to speak to a representative regarding Equipment Valuation, contact info@loebappraisal.com or complete our Appraisal Services Form and an appraisal specialist will contact you.