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MidCap Advisors provides Certified and USPAP Compliant Machinery & Equipment Appraisals to lenders, CPA's, attorneys and business owners.
Our appraisals are prepared according to the ethics and reporting mandated by the Uniform Standards of Professional Appraisal Practice (USPAP), promulgated by Congress and the Appraisal Foundation.
Our machinery and equipment appraisals are accurate, irrefutable, defensible and descriptive because they must withstand the scrutiny of the IRS, the SBA, courts, government agencies, CPA's, attorneys and lenders. Our assignment of value is based on personal inspection and extensive research from manufacturers, suppliers and other pertinent resources. Our reports include, but are not limited to, market conditions, economic conditions, photographs, make, model and serial numbers, condition of equipment and other descriptive information.
In addition to providing expert, unbiased machinery and equipment appraisals, MidCap Advisors also provide a highly experienced team with the appropriate credentials in the event expert testimony is required.
MidCap's Machinery and Equipment Appraisal practice is led by Jim Ward, MBA. His training, certifications and years of experience as a machinery & equipment appraiser, qualifies him to provide appraisals for the IRS, SBA and other government agencies. Jim is based in Kansas City, Missouri. His team of appraisers is able to perform machinery & equipment appraisals throughout the United States.
Types of Machinery and Equipment Appraisals
• Summary Appraisal - This type of engagement will include an on-site inspection by the appraiser and will typically include photographs, when possible, of the machinery and equipment being valued. The Summary Appraisal report is USPAP compliant and is used by lenders to support loan decisions; CPAs for valuations prepared in accordance with AICPA's Standards of Valuation #1, the Pension Protection Act of 2006 and the Council of Foundations; attorneys for divorce dissolution and litigation to substantiate accurate and realistic values that will withstand court and IRS scrutiny; and business owners for planning, selling, buying, financing, insurance, expansion, partnership dissolution, property taxes, Pension Protection Act of 2006 and converting from a C Corp to an S.
• Desktop Appraisal - This type of engagement will not involve an on-site inspection by the appraiser. Descriptions and photographs of the equipment are provided by the client and relied upon by the appraiser to determine the value of the machinery & equipment.
Jim and his team of advisors have conducted certified equipment and machinery appraisals throughout the United States for clients in the following industries:
• Agriculture
• Apparel Companies
• Asset Management Companies
• Banking
• Chemical Manufacturers
• Construction
• Convenience Stores
• Distribution Companies
• Food Processing Plants
• Landromats
• Machine Shops
• Medical Equipment
• Metal Manufacturing
• Manufacturing Companies
• Printing Companies
• Recycling Companies
• Restaurants
• Schools
• Transportation & Trucking Companies
• Tugboats
• Waste Management
Testimonial
"The appraisal you did for us was perfect! Everyone was really, really happy! I have never seen a machinery and equipment appraisal as professional as this one in my 25 years of banking! I plan to let all of my colleagues in the bank know about you and your services. I'm also letting other bankers know about your services, as well!
- Julia H., Senior Vice President (March, 2011)
Dickinson Financial Corp. - Academy Bank, a Division of Armed Forces Bank, NA
Contact
For additional information contact:
James (Jim) R. Ward, MBA
2300 Main St., Suite 900
Kansas City, MO 64108
Phone: (816) 448-3737
Fax: (816) 318-9883
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