To begin the appraisal process, you should first compile a detailed list of the assets you would like to have appraised. For each machine, include the general name of the equipment, make, model, and year, serial number, the year it was purchased, the purchase price at that time, and any relevant specifications you may have. Even if the machine has been well maintained, it’s important to ensure it is clean and that any minor repairs you may have postponed are completed. Like any asset, presenting your equipment in proper, sellable condition can positively impact its overall appraised value.

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Once you’ve completed the pre-appraisal steps, Repuplic Textile’s experienced appraisers will visit your facility and start the appraisal process. APT will check the condition of your machines and provide insights from not just the market but the real value of your machines to your company’s net worth. Depending on the purpose of your appraisal, you’ll receive different information in your appraisal that helps your company get the best result from your valuation.

Republic’s main office is located in York, South Carolina, but we buy and sell textile machinery globally.