Machinery & equipment appraisals (M&E appraisals) are specialized appraisal services conducted for a variety of purposes to substantiate equipment values. An appraisal completed by a Certified Machinery & Equipment Appraiser (CMEA) is a comprehensive and detailed report including photographs, model numbers, serial numbers, and other descriptive information. Value conclusions are based on extensive research, personal inspection, and contact with manufacturers and suppliers to determine the real worth of various machinery and equipment assets. M&E appraisals conducted by a CMEA are:
- Certified reports
- Follow the Uniform Standards of Professional Appraisal Practice (USPAP)
- Meet compliance standards of financial institutions
- Withstand the scrutiny of lenders, CPAs, courts, and others
Contact one of ABA’s Certified Machinery & Equipment Appraisers today for further details.