Maynards has been conducting equipment auctions for over 100 years. They are a trusted source and a leader in the industry.
With over 100 years of experience, Maynards is one of the foremost industrial and machinery auctioneers in North America, specializing in asset conversion of industrial equipment and commercial inventories.
The majority of Maynards' auctions are held on-site with a simultaneous webcast broadcast via the Internet. The webcast allows Maynards to reach a larger, global audience. Local buyers can benefit from the webcast as they can bid from the comfort of their offices. Another advantage of an on-line auction is that a company can quickly turn surplus assets into needed cash without disrupting employees' routines.
Banks and lenders prefer the guarantee method of contacting an auction. This gives them the comfort of knowing the minimum return, still allows for participation in any upside to the return and puts the auctioneer into a position of backing up the projected gross return.