Asset-based Lending (ABL) and appraisals are closely linked. Finance companies and banks that are loaning money based on a companies assets need to know what the assets are worth. While the appraiser is not an advocate for the bank or an advocate for the company, he or she is an impartial person giving the opinion of value.
There are many reasons for getting an ABL. In periods of a company or industry slowdown, an ABL is a great way to obtain turnaround financing or just to increase working capital. When things are going well you may be need to make additional capital expenditures for growth or make an acquisition of an entire company. No matter what your situation is, you may want to just refinance or or restructure your debt.
Before getting an asset-based loan, you will need an appraisal. With an Arlington Appraisal in hand you will be able to shop your assets for the most favorable terms. Knowing your value let's you know your potential.