Brumbaugh Appraisals has completed more than 1800 machinery and equipment appraisals over the past several years. But, did you know that we also perform Current Asset appraisals? Many lending institutions loan against current assets such as Inventory and Account Receivables. When it comes to valuing these assets, the Brumbaugh Appraisals team has the experience to provide
Read More...Brumbaugh Appraisals is proud to announce the opening of their new office in Charlotte, NC. With improved access to the I-85 corridor and South Carolina, we are excited about the opportunities this new location provides to better serve our clients in that region. Additionally, the proximity to Charlotte’s many banking institutions makes this new location a
Read More...2018 is Shaping Up to be a Strong Year for Equipment According to the Equipment Leasing and Finance Association (ELFA)’s monthly report for February of 2018, the year is off to a strong start. Activity in the equipment finance sector was up 13% and 31% for January and February of 2018 respectively compared to 2017
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For those involved in the Banking industry, the deadline for submitting SBA loan paperwork is soon approaching. If you are in banking or related industries, as you attempt to get paperwork submitted on time, don’t overlook the need for machinery / equipment appraisals. At Brumbaugh Appraisals, we are prepared to assist you. Our staff is
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Banks and other lenders providing capital to businesses have a vested interest in mitigating the risk of their loans and ensuring proper collateralization. Among the many regulatory guidelines that must be met for business loans, including SBA loans, is the requirement of a certified appraisal for loans above various threshold amounts. Appraisers used by lenders
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Over the past couple of years, the Brumbaugh Appraisals team has had the pleasure of working on appraisal engagements with several breweries throughout the Carolinas and Virginia. With the ever-growing popularity of craft breweries and the success that many of these small businesses have had recently, it is an exciting time to be involved in
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The farm industry has been going through a period of ups and downs that has some wondering what the future will hold. John Deere & Co., one of the most successful and recognized producers of farm equipment in the world, has announced that production of new equipment will be cut in order to maintain profits
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Over the years I have prepared close to 500 individual machinery / equipment appraisals for bankers, SBA loan participants, and FDIC assignments. Something new is happening. It seems to me that regulators have started to mandate that bank files be updated in situations where current machinery / equipment appraisal documents are missing. Recently, I have
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All of us here at Brumbaugh Appraisals would like to thank you for helping us make 2016 an outstanding year. It was our privilege to be of service to a wide range of clients throughout the country over the past year. Our hope for you and your loved ones during this holiday season is that
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As you are probably well aware, in order to comply with current financial and tax reporting requirements during a merger or acquisition, a Purchase Price Allocation must be conducted. Accurately determining the fair value of the tangible assets is a crucial part of this process. Given that fair values often times significantly differ from their
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