Lenders, attorneys, and business owners call on us for a wide range of workout and liquidation services. We have strategic alliances with leading auctioneers and liquidators throughout the country, each with a high level of expertise and specific industry knowledge.
After several decades of hand-on liquidations and hundreds of millions of dollars in sales by our own auction division, we have taken a new direction which we believe better serves our customers. This is a consultative approach, where we work with you to help define the liquidation need. We then help craft the right proposal and bring in the right auction or liquidation organization to provide services. We act as your adviser throughout the whole process for the best possible outcome.
With markets changing and auctions, in some cases, needing an international effort to maximize outcome, the one-size-fits-all auction methods of the past no longer work.
Some recent liquidation projects we have coordinated for our banking customers include:
- Printing companies
- Metal fabricators and manufacturers
- Machine shops
- Fiberglass boat manufacturer
- Farm implement dealership
- Building supply distributor
- Construction companies
- Restaurants and food service
Our proposals and consultation may be helpful in helping the bank lender with an SBA guaranteed credit with pre-liquidation planning and submissions.