Banks and lending institutions rely on National Equipment Appraisal because they require realistic and independent opinions of collateral values for their loans.

Many local and regional banks understand the value of outsourcing its machinery and equipment appraisal requirements to experts. National Equipment Appraisal is most recognized for its service to regional and local community banks because it provides certified machinery and equipment appraisal services on an "as-needed" basis and clients know they can count on National Equipment Appraisal to deliver on time and with the highest degree of diligence and review.

Following is a partial list of some of the community and regional banks which National Equipment Appraisal has performed appraisals or provided consulting services.

Often times National Equipment Appraisal is asked to review a lenders fixed asset portfolio to assist in determining compliance with current underwriting guidelines. Several clients include regularly scheduled collateral inspections to determine existence, condition and value of their secured assets. Weather for compliance reasons, or to help with making better credit decisions, bankers and lenders rely on the experts at National Equipment Appraisal to help determine what assets are really worth.

In the unfortunate situation of repossession, call National Equipment Appraisal for advice. Depending on the asset's quality and demand, it may be more advantageous to market repossessed items through National Equipment Appraisal's extensive network of used equipment dealers and brokers than to go to auction. If time is a crucial factor, National Equipment Appraisal provides auction and liquidation services and the process usually takes between 45 and 60 days.