System Associates Valuation reports conform to the Uniform Standards of Professional Appraisal Practice and comply with the Small Business Administration’s SOP 50 10 5 (X) and 50 57-2. The reports also follow the Standards and Practices of the Certified Appraisers Guild of America which has review authority of Ferguson’s appraisal reports. We provide reports with attributes that SBA lenders require.
According to the SBA, small businesses can fail for a variety of reasons. From lack of capital or experience to an unsuitable location. Some failed companies must file for bankruptcy when their debts exceed available cash to assets. Many don’t realize that their assets do have some value. This is why a certified appraisal from a qualified expert can be so valuable.
This is the value used in bankruptcy proceedings. This method of valuation is the one that is acceptable under bankruptcy codes. Bankruptcy is an incredibly stressful process. System Associates LLC is an experienced Appraiser that can lend a hand and help you through the process.
Divorce Asset Protection:
Get a Good Attorney and a Good Appraiser
Unfortunately, divorce happens, and when they do, assets need to be divided. A Certified Appraiser should perform your divorce appraisal to obtain an appraisal that will hold up (i.e, be defensible) in court.
Accurate Appraisal is Key:
Professionals dealing with cases of bankruptcy, divorce, or probate should retain qualified experts to provide accurate appraisals.
We work for either side or mutually agreed on by both parties.
Many use our equipment appraisal for charitable donations or gifts. Those wishing to donate equipment will need the Non-cash Charitable Contributions Government form 8382 for tax deduction purposes. After completing the appraisal, we can legally sign the IRS declaration.
Mergers & Acquisitions an Equipment Appraisal is many times Required or Needed. Here are some primary things you need to consider:
- A Certified Equipment Appraisal is required by the SBA
- We Know your equipment
- Our reports are of high quality and very detailed.
- Fully Documented Files in case of Litigation
An Equipment Appraisal is many times required or needed. We have worked with many sized companies from large networks like NBC, HGTV,TNT to small Production and Event companies doing Equipment Appraisals and Equipment Sales. We have the knowledge, the training, and the expertise to handle any transaction size in the industry.
Whether you are acquiring a new business, expanding your capital asset requirements or restructuring debt, searching for available financing is a critical part of the process. In any of these cases, if your operation includes machinery & equipment, obtaining a current asset valuation will be an important step. An equipment appraisal will help document your business’ assets, adjust the depreciated values on your balance sheet to realistic market data and assist potential lenders in getting your credit approved.
System Associates Appraisal reports conform to the Uniform Standards of Professional Appraisal Practice and comply with the Small Business Administration’s SOP 50 57.
The first step in any kind of equipment liquidation is knowing the value of the gear. Once you have accurate values you can make the decision on how to sell your gear. eBay, sell it your self, auction or hire a professional to sell the gear.
- An equipment appraisal provides verification of your company s existing assets.
- An appraisal supports the value of the machinery you are purchasing or refinancing.
- When you are considering used equipment, it can be difficult to find an objective source to assist in understanding the marketplace and how it shines on your business.
What is an insurance appraisal?
- An insurance appraisal is a replacement cost analysis which provides an accurate estimate of the amount of insurance required to replace each piece of equipment.
- We can help you work through the process of an Equipment Appraisal for Insurance Claims.
- If this goes to litigation, a Certified Equipment Appraisal is often required or needed.
System Associates LLC – About Us
Michael Ferguson Sr, President of System Associates LLC is certified by the Certified Appraisers Guild of America. Appraisals by the Certified Appraisers Guild of America are recognized and accepted by Insurance Companies, Banks and Lenders, Courts, US Small Business Administration and the Internal Revenue Service.
Reports are prepared accordance with the Uniform Standards of Professional Appraisal Practice and comply with the US Small Business Administration’s SOP 50 10 5 (X) and 50 57-2. The reports also follow the Standards and Practices of the Certified Appraisers Guild of America which has review authority of Ferguson’s appraisal reports.
With over 30 years of experience in the Film, Broadcast Television, HD Video, HD Cine, Production. Audio/Video and related industries Michael Ferguson Sr skills and services include, but are not limited to: Appraisals, Selling, Brokering, Buying, Auctions, and Liquidations of Film, Broadcast Television, HD Video. HD Cine. Production. Audio/Video and related industry equipment.
- HD CINE
- PRO VIDEO
- PRO AUDIO
- GRIP TRUCKS
- HD VIDEO
- HD AUDIO
- SPORTS PRODUCTION TRUCKS
- IP VIDEO
- OFFICE TELEPHONE NETWORKS
- TRIPODS, CRANES, SUPPORT
- EARTH STATIONS
- MOTION CAPTURE
- ALL INDUSTRY EQUIPMENT
- DIGITAL SINAGE
- SATELLITE TRUCKS
- PRODUCTION FACILITIES
- TELEVISION STATIONS
- TELEVISION NETWORKS
- TEST, MEASUREMENT
- MOTION CAPTURE