Sunday, June 19, 2011

FINANCING TRUCKS, TRAILERS AND CONSTRUCTION EQUIPMENT IN FLORIDA


FINANCING TRUCKS, TRAILERS AND CONSTRUCTION EQUIPMENT IN FLORIDA

FORT PIERCE, Florida - These days it is common knowledge that obtaining loans from banks and credit unions is nearly impossible. Most licensed truck and heavy construction equipment appraisers who provide fair market values for financing and insurance have seen a drop in business - St. Lucie Appraisal is no exception. Even with adequate collateral, you'll find even the most accommodating of lenders have become reluctant to part with their money. The ability to borrow for new machinery or to simply stave off bankruptcy is important. So when businesses in Florida looking to expand need additional funding, how should they go about obtaining the needed capital?

Borrowing on business equipment such as trucks, trailers and construction machinery is the preferred route. As long as the books show that the company is profitable, a bank or credit union looks favorably on those with solid collateral. But there's more that can be done to make lenders feel warm and fuzzy about lending you money. Find a licensed appraiser and get a Fair Market Value appraisal. Additionally, make sure the appraiser has expertise in the type of equipment or other goods you want evaluated.

We recently got a request from a lender in South Florida asking us to appraise the value of a number of construction cranes. After receiving the assignment, we worked with the owner of the construction company to make sure we evaluated the equipment properly and reported our findings promptly to the lender. After receiving word that their loan had gone through, the owner called to thank us for helping to save their company.

We get paid for our services, of course, but no financial compensation could be more satisfying as hearing something like that.

The St. Lucie Appraisal Company
P.O. Box 2700
Fort Pierce, FL 34954
Phone: (772) 359-4300
Fax: (772) 466-8400
Email: contact@stlucieappraisal.net

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http://stlucieappraisal.net/
AUTO & PERSONAL PROPERTY
SERVICE THROUGHOUT SOUTH FLORIDA

Our service area includes St. Lucie, Martin, Indian River, Brevard, Palm Beach, Broward and Dade Counties. Cities include Fort Pierce, Port St. Lucie, Stuart, Palm City, Jensen Beach, Hobe Sound, Jupiter, Palm Beach Gardens, West Palm Beach, Lake Worth, Boynton Beach, Delray Beach, Boca Raton, Deerfield Beach, Coral Springs, Coconut Creek, Pompano Beach, Tamarac, Sunrise, Lauderhill, Plantation, Fort Lauderdale, Davie, Pembroke Pines, Miramar, Hollywood, Hallandale, Miami, Opa Locka, Hialeah, Coral Gables, Kendall and Homestead.

Diminished Value Appraisals throughout Florida including, Miami, Fort Lauderdale, Tampa, Jacksonville, Orlando, Pensacola, Fort Myers, Sarasota, Port Charlotte, Clearwater, Kissimmee, Melbourne, Daytona Beach, Ocala, Gainesville, Bradenton, Titusville, Panama City, Bonita Springs, Naples, St. Petersburg and Tallahassee.

Our rates for services are as follows:

Auto Appraisals (Donations, Bankruptcy, Divorce, Insurance Disputes) $125.00

Stated Value Appraisals (Antique & Classic Cars, Street Rods, Motorcycles, RVs, Trucks) $175.00

Diminished Value Appraisals (Determines how much less your car is worth after accident repairs) $225.00

Personal Property Appraisals (Contents, Collectibles, Art, Antiques) $225.00

All other services and additional time when necessary $75/Hr.

You may obtain appraisals for Financing, Charitable Donation Tax Credits, Collateral, Damage Claims, Equitable Distribution, Bankruptcy, Estates, Insurance Stated Value, Purchase & Sale and Diminished Value.

Appraisals of Personal Property, Art, Boats, Classic & Custom Autos, Collectibles and Memorabilia, Electronics, Machinery, Motorcycles & Choppers, Furnishings, RVs, Trucks & Heavy Equipment. Business Valuations specializing in all types of small businesses.


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Keywords for this article: appraisal, bank, bankruptcy, construction, crane, credit union, equipment, fair market value, finance, florida, fort pierce, insurance, licensed appraiser, loan, machinery, st lucie appraisal, trailer, truck, Revised 08/29/2012, Revised 06-19-2013