Blog
5 Must-Have Qualities of a Trustworthy Machinery Valuation Partner
In the intricate world of machinery ownership, accurate valuation isn't just a number – it's a strategic decision that secures your investments and empowers your business growth. Navigating this [...]
Getting to CMEA and Staying There
There’s a reason we talk a lot about CMEAs at the NEBB Institute. We’re very proud of the fact that we have a designation you know you can trust. Only qualified professionals who meet the Institute’s stringent qualifications earn the designation of a Certified Machinery and Equipment Appraiser (CMEA), so you know if you’re working […]
Three Mistakes Lenders Make When Determining the Value of Borrowers’ Equipment
After weathering the economic downturn, lenders know better than anyone the importance of doing due diligence before granting a loan to a business. SBA backed lenders are once again lending money, but with caution. One of the ways they exercise this caution is to conduct their own appraisals of collateral. This ensures that they will […]
Advanced Appraisal Designations
Although we mostly discuss Certified Machinery and Equipment Appraisers (CMEAs) here at NEBB Institute, the fact is that there are plenty of other professional designations in our industry that qualify appraisers for all sorts of different appraisal scenarios. For example, there’s the NEBB Institute’s MCMEA (Master Certified Machinery/Equipment Appraiser) designation. MCMEAs provide needed financial information […]
International Valuation Standards and Who Sets Them
There isn’t much variation in appraisal rules from one state to another. Each individual market varies a little depending on demand for a piece of machinery or equipment, but each asset in a west coast state would be treated (and likely valued) just like a piece of equipment in an east coast state. But what […]
Standards of Valuation Practice Released
As we’ve stated on countless occasions within this blog, CMEAs are required to adhere to the Uniform Standards of Professional Appraisal Practice (USPAP). This ensures that any appraisal report you receive from a CMEA will be irrefutable, defensible, and withstand scrutiny. But just because NEBBI lives in a USPAP world, we acknowledge that there are […]
Recent Comments