Distressed Asset Solutions
Have you ever considered auction as a way to rid yourself of your assets? Perfection has the perfect commercial distressed asset solutions for you. Auction has become an increasingly popular way for individual and commercial owners of distressed assets to unload their unwanted debt. Auction allows owners to reduce their overabundance of assets and recover their debts. When the assets are brought to auction, the seller is able to quickly recover these debts. More time than not, a seller is not willing to trade their asset for the same price that a buyer is willing to pay for it. A huge benefit of using auction as a distressed asset solution is the elimination of the gridlock between buyer and seller. Auction as a form distressed machinery asset management of assets also draws a larger audience to the sale of your items. This increases the competition which can in turn increase the amount you receive for trading your distressed assets. The specific benefits of auction include:
- Recovery of debts
- Quickly clearing assets
- Eliminating a buyer-seller-gridlock
- Broader audience of buyers
- Increased buyer competition
Perfection specializes in commercial machine asset solution and will help you rid yourself of debt caused by your devalued machinery and equipment. Perfection has the skills and experience to handle your distressed asset solutions. For a quote or more information, fill out or contact form today.
Bankers:
Perfection Machinery Sales, Inc. has been a trusted used machinery source since 1963. Perfection has the banker’s distressed asset solutions that can quickly and effectively solve distressed bank loan situations. We assist banks by providing commercial bankers asset solutions in these areas:
- Equipment appraisals – Our highly qualified professionals provide comprehensive appraisal reports and meticulously conform to the industry guidelines.
- Guarantee Auction Sales – Guarantee Auction Sale is way for banks to recover losses taken from having to take possession of collateral through foreclosure. A minimum guarantee amount is provided to the bank to ensure they are protected from a possible poor turnout on the day of auction. This is an excellent way for our clients to discount their risks in auction while allowing them to amplify their recovery values.
- Note Purchases – When our bank clients have an issue with a commercial or business loan, we at Perfection as one of our banker’s asset solutions are able to purchase the loan at or near standard value for the bank notes. It is our capacity to derive value from loan collateral that allows us to provide the bank with a fair price.
Bankruptcy Trustees
Perfection aids bankruptcy trustee asset solutions with both equipment appraisals and auctions. The experts at Perfection are able to provide an accurate equipment appraisal and elicit a maximized recovery. Trustees seeking a resolution rely on Perfection to provide them with maximum recovery with bankruptcy commercial asset solutions.
Financial Consultants
At Perfection, we work with business owners to form strategies to minimize their losses. You should refer your clients to Perfection because:
- We can close on offers quickly because we use our own cash. There is no hassle with financing contingencies.
- We will make your client a fair offer that prevents your client from wasting their time with unrealistic offers.
- Through our financial consultant asset solutions, many clients will also profit from the sale of their assets. We will help your client to successfully exit the distressed situation.
There is nothing for your client to lose when your client has us examine their problem and provide them with a plan. We do not charge for time we take to assess your client’s issue, so if nothing else, your client will receive helpful advice and a fair offer on their asset. Perfection is the perfect choice for you commercial financial asset solutions.
Business Owners
When a business faces financial trouble, the business’ relationship with the commercial lender often times becomes overexerted. The commercial lender is forced to put new restraints and requirements on the business in order to protect themselves from losses. Perfection aids its clients in these situations with its business owner’s asset solutions by providing:
- Short term financing
- Direct investment of capital
- An unmitigated purchase of the business
- Bank Note Purchase and Liquidation
Perfection’s business owner’s distressed asset solution is able to successfully aid business owners that face distressing situations and need a strategy to turn their company around and fulfill financial requirements.