Asset Audits
Get a Clear Picture of Your Assets
An asset audit, conducted by a professional machinery and equipment appraiser, provides the Lender with a thorough and accurate data base of machinery and equipment for security registration and future realization considerations. Asset audits include but are not limited to:
- Locating and identifying subject assets
- Revealing and noting any changes to the assets
- Condition assessment and reporting
- Accurate recording of the asset’s attributes and photographic documentation
- Highlighting discrepancies that may dramatically alter future realization value.
Asset audits have become a key element for tracking machinery and equipment in the field, and a valuable method to protect the lender’s present and future interests.
Utilizing the services of a professional appraiser can be simple, and can help you avoid expensive mistakes, relieve needless stress, and make timely decisions in order to maximize values and navigate today’s unpredictable economic landscape.
TCL Advantage
- Gain a detailed understanding of your assets
- We retain qualified and professional appraisers on-staff
- Our team has experience in dozens of industries
- Single-piece, complete process lines, or entire plant valuations
- Account for changes in asset condition throughout its life cycle
- Certified and accurate documentation
Asset Audits You Can Rely On
It is not uncommon to have assets, or loans on assets in various facilities, this causes difficulty to calculate their risk or perform regular assessments of their underlying equipment. Sometimes these decision makers are unaware of simple solutions or service providers who could help. The scenario, however, often plays out the same.
Asset audits have become a key element for tracking machinery and equipment in the field, and a valuable method to protect the lender’s present and future interests. We recommend completing them regularly and well ahead of any known need to procure financing or plans to sell. If it has been any length of time since your previous asset audit. If you have not completed an audit, then we encourage you to reach out to our team for a complimentary, no-obligation consultation of your situation. Even if we may not be the right team for you, we will gladly put you in touch with a trusted referral to ensure your needs are met.
Stakeholders and decision makers look for accurate and timely reporting, above all else. This is where a professional appraiser and asset manager comes in. Our organized methodology, attention-to-detail, and understanding of the context allows us to efficiently provide both guidance and recommendation on appropriate times to consider repairing, replacing, or selling.
TCL’s Asset Audits include, but are not limited to:
- Locating and identifying subject assets
- Revealing and noting any changes to the assets Condition assessment and reporting
- Accurate recording of the asset’s attributes and photographic documentation
- Highlighting discrepancies that may dramatically alter future realization value.
