Bankers explain how they make SBA lending work for them.



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Courtesy of

Strategic 3i Corp. Certified Machinery & Equipment Appraisals by a Certified Machinery & Equipment Appraiser

A Certified Equipment Appraisal, documented and prepared by a Certified Equipment Appraiser pursuant to the ethics, collection and reporting guidelines mandated by the Uniform Standards of Professional Appraisal Practice. USPAP, promulgated by Congress and the Appraisal Foundation, is the leading authoritative source for appraisals.

Remove Liability And Risk
In year’s past, Lenders have had to rely upon equipment values that were inaccurate, unsubstantiated, and needless to say, filled with liability and risk. The solution has been obtaining a Certified Equipment Appraisal by a Certified Equipment Appraiser to substantiate loan values.

Establish Accurate Values
A Certified Equipment Appraisal is instrumental to a Lender when establishing the equipment value to collateralize a loan. The Lender receives an accurate, irrefutable, defensible, and descriptive Report that includes photographs, model and serial numbers, and other descriptive information that will withstand scrutiny.  The solution for the Lender is our assignment of value is based on extensive research, personal inspection, contact with manufacturers, and suppliers to determine what the equipment is really worth and that it really exists.

Substantiated Appraisal
Lenders realize that not all appraisal reports are created equal. “Non-Certified” equipment appraisers who are typically auctioneers or dealers do not provide comprehensive or substantiated values.  The collection or reporting of values is not consistent with USPAP.  The solution for the Lender has been the Certified Appraisers who are Certified Equipment Appraisers at Strategic 3i Corporation who deliver a comprehensive and detailed Certified Equipment Appraisal Report they can rely upon.

USPAP Compliant
Oftentimes, Lenders had to rely on surface-level information from an appraiser who is “un-certified” and does not deliver a USPAP compliant appraisal report.  This type of appraiser does not give an indication as to the level of accuracy or competency.  The solution for Lenders and Bank Examiners who rely on a Certified Equipment Appraisal from Strategic 3i Corporation, know that the collection of data and reporting of the data is ethical, competent and will withstand scrutiny.

Strategic 3i Corp.
www.Strategic3i.com

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