In asset-based lending, collateral held against a loan provides security that the lender will end up getting their money back if things go south with a default on the loan. Asset-based loans do provide liquidity on non-cash flowing businesses because they are advanced against the assets of the business.
Maynards develops all appraisal reports in accord with Uniform Standards of Professional Appraisal Practice (USPAP). Our Appraisals are based on experience in selling the subject assets, database research, depreciation and operating expenses. Maynards also utilizes Industry Experts and In-House Peer Reviews on all reports before issuance.