Who we serve
Here are a few situations that
might warrant a valuation
Capital Markets and Banking Solutions
Our solutions bring competitive business and operational advantages to
banks and
broker-dealers globally.
Company Financials
To ensure that financial statements are accurate and up-to-date, various companies require that their assets are valued monthly or quarterly to reflect prevailing market conditions. In a lot of cases, there are verifiable appreciated assets on the balance sheet that are reported at their value from decades ago.
Mergers and Acquisitions
If a company plans to merge with or acquire another company, they often need bank financing. An independent valuation of the target company’s assets can help demonstrate that the purchase price is reasonable.
Expansion Financing
If a company plans to grow using internal resources, it may need a line of credit to fund its incremental working capital requirements or a long-term loan for new property or equipment. An independent valuation can value all kinds of assets — including used equipment, vacant land and patents — that may eventually become loan collateral.
Commodities Financing
A farmer plans to raise money against the year’s harvest to pay workers and prepare for the growing season or store the grains through a warehouse receipt system to take advantage of better market prices in the future. An independent valuation of the commodity at current and future prices will give comfort to the financier accepting the commodity as loan collateral.
Restructuring
A distressed borrower may attempt to turn its operations around by cutting costs and divesting unprofitable assets. An appraiser can help evaluate reorganization alternatives, including the long-term effects on future cash flow.
Bankruptcies & Liquidation
Valuations can help lenders understand how much cash a borrower is likely to receive under various liquidation scenarios. They can also support decisions to reorganize or liquidate. Also, some lenders recommend that borrowers obtain formal independent valuation based on defined underwriting requirements.