SBA Loan Equipment Appraisals

SBA Loan Equipment Appraisals

SBA Loan Equipment & Machinery Appraisals

Since its founding in 1953, the U.S. Small Business Administration has provided millions of loans and forms of financial assistance to small American businesses.

For many small business owners, an SBA Loan can offer a solution when traditional funding is unavailable or unattainable. However, in order to supply financing to these owners, the SBA and related institutions may require an equipment appraisal in order to qualify recipients.

That’s where Brumbaugh Appraisals can assist.

It is important to make sure that the appraiser evaluating the machinery and equipment in question is properly certified and vetted. The team at Brumbaugh Appraisals holds Certified Machinery & Equipment Appraiser (CMEA) & Master Certified Machinery & Equipment Appraiser (MCMEA) status. They are members in good standing with the Society of Business Analysts and with the NEBB Institute – one of the nation’s leading machinery and equipment certified appraisal organizations.

Regardless of the industry your business is in, Brumbaugh Appraisals can provide comprehensive and compliant appraisal reports that will stand up to scrutiny for your SBA Loan transaction.

We commonly appraise machinery and equipment for:



Assign The Proper Value To Your Assets

Contact Brumbaugh Appraisals to discuss the ways we may be of service to you.

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Types of Appraisals

Desktop Appraisals
Desktop appraisals are the most cost-effective type of appraisal.  These appraisals meet the detail requirements for most office furniture, fixture, and equipment related purposes except for banking considerations, litigation, and tax purposes.  Desktop appraisals utilize client provided information such as manufactures name, model number, and other pertinent details along with photographs.  The entire process is literally done from our desk using client provided information.  The reporting for a Desktop Appraisal is virtually the same as a full Appraisal Report with the exception that we state the equipment has not been personally viewed or inspected.

Appraisal Reports
An appraisal report is the highest level of certified appraisal and is completed using appraiser gathered data and photographs.  This level of office equipment appraisal can withstand the scrutiny of litigation, banking / SBA Loan requirements, and tax challenges.

Approaches to Value
While going through the appraisal process, Brumbaugh Appraisals considers three approaches to value.  The Income Approach, Cost less Depreciation, and the Market Data Approach.

  •  Market Data Approach – the market value estimate is predicated upon prices being paid in actual market transactions and current listings.  Recent transactions are analyzed to arrive at a probable value.
    •    Cost Less Depreciation – this approach to value is conducted by determining the current cost of an asset and deducting for depreciation, functional and economic obsolescence, and physical deterioration.  It is based on the principle of substitution, which states that a knowledgeable buyer will not pay more for an asset than the cost to produce a substitute asset with the same utility.
    •    Income Approach – the Income approach considers future revenue streams to derive a present value.  This approach is often difficult to implement, given that revenue streams cannot easily be itemized for individual items.  However, in some circumstances this approach is very applicable and can be implemented.

You can trust our work
All appraisal partners at Brumbaugh Appraisals are Certified Machinery and Equipment Appraisers (CMEAs) with experience with office furniture, fixtures, and equipment items.  Our team of appraisers is knowledgeable in the items being appraised and current with their appraiser certification credentials.  Final reports are always reviewed by Robert Brumbaugh who is a Master Certified Machinery and Equipment (MCMEA) appraiser.  Bob is one of about 32 MCMEA’s out of the nearly 550 affiliated appraisers around the world.

If you need an appraisal for purchasing previously owned office equipment or buying out an end of lease purchase, Brumbaugh Appraisals can provide Fair Market Value estimates for those items.  Selling your business?  A certified furniture, fixture, and equipment appraisal provided by our team can help ensure that you receive accurate estimate of your items of interest.  Office FF&E can have various values depending upon the condition, age, upgrades, and other considerations.  While the value of previously owned office equipment might seem difficult to determine, our experienced and professional team can give you an accurate and defendable estimate of value at a fair price.

If you have questions or would like to discuss an equipment appraisal in more detail, please call us at our Raleigh, NC office, at 919-8708258, send an email to, or send a request for more information.