A Lender’s ‘Eyes and Ears’: Field Visits by Expert Teams Can Boost Appraisal Accuracy
06/15/2015
Thanks to the astonishing growth in the power and complexity of data-gathering technologies, the role of analytics is looming larger than ever at businesses of all types and sizes. Indeed, c-suites everywhere buzz with talk of “big data” and its ... Read More
The double edged sword: Assessing the potential value of ‘ineligible inventory’
06/15/2015
Ineligible inventory – a category of assets that banks avoid lending against – can represent a double-edged sword for asset-based lenders. On the one hand, lenders know that when they don’t lend against such items as raw materials, samples, in-transit ... Read More
After the Meltdown: Appraisals vs. Liquidation Values Have Largely Held Since 2008
06/15/2015
In the topsy-turvy period that followed the financial meltdown of 2008, the U.S. economy weathered the liquidation of thousands of companies, including big-name retailers such as Circuit City, Goody’s, Mervyn’s, Gottschalks, and Ritz Camera, to name a few. But the ... Read More
‘Order up!’ Food industry assets are increasingly on the menu for asset-based lenders
06/15/2015
The notion that food is a safe-harbor business in rocky economic times is as old as the phrase “People have to eat.” And safer harbors, of course, tend to attract lots of ships, which is why food can be found ... Read More
Myths vs. Realities: Collapsing the Store Base in Retail Liquidations
06/15/2015
Appraisal firms are often asked by lenders if condensing a retail chain’s store base early on, or even prior to, the beginning of a liquidation sale will enhance the overall net recovery value (NOLV) of the inventory. Early closures present ... Read More
C-Stores’ High Turns Can Be Inconvenient For Lenders
06/12/2015
The typical convenience store or travel center buzzes with life amid a steady influx of customers. These businesses blanket the country — with an estimated 150,000 c-stores and 1,230 travel plazas and truck stops. While they charge higher prices than ... Read More