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Asset Audits

An asset audit, conducted by a professional machinery and equipment appraiser, provide the Lender with a thorough and accurate accounting of subject assets for security registration and future realization considerations.  Asset audits involve locating and identifying subject assets; revealing and noting any changes to the assets; condition assessment and reporting; accurate recording of the asset's attributes and photographic documentation; highlighting discrepancies that may dramatically alter future realization value.  Asset audits have become a key element for tracking machinery and equipment in the field, and a valuable methpd to protect the lender’s present and future interests

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