We offer a range of valuation and inspection services to support funders in underwriting transactions, managing equipment through the transaction lifecycle and in re-marketing and disposal.
Based on information provided by the funder and drawing on our own databases and experience we provide a projection of asset value over the transaction life.
Desktop Valuation Opinion
Using information provided by the funder and drawing on our own databases, experience and research we provide a projection of asset value over the transaction life and a commentary on the asset and secondary market.
To report on condition and value. This service is particularly useful where high value used assets are being financed. The inspection report includes photographs of the equipment and service and operating records and logs (where available) and a list of damage.
To check the condition of equipment and conformance with operating standards. The report includes photographs, service and operating records (where available) and details the condition of the equipment at the point in the funding lifecycle.
Prior to the end of the transaction, to inspect the equipment against return conditions (if applicable) and detail the work required to comply with return conditions or ‘market standards’ (for the equipment age and usage). We can suggest remarketing options for equipment.
Audit And Documentation Checking
This service is of particular importance where rental portfolios are funded. We verify registration documentation (e.g. V5), confirm inventory, check on hire documentation and inspect equipment (sample).
For operating lease transactions, we write return conditions that specify operating standards for the equipment during the life of the lease and the condition to which the equipment must conform when it is returned at the end of the lease.
Basepoint Cressex Business Park Lincoln Road High Wycombe Buckinghamshire HP12 3RL UK