Appraisals & Asset Verification
Machinery, equipment and business assets: located, inspected and valued for lenders, attorneys, bankruptcy trustees and corporations. Trusted by a top 5 SBA lender in the U.S.
Professional Valuation Services
When the number has to hold up, it has to come from the market.
A valuation that goes in front of a bankruptcy court, a credit committee or a board gets questioned. Ours are built to be. And when a lender just needs to know the collateral is still there, where it is and what shape it is in, we go find out.
Every Redfield appraisal is prepared to USPAP by a GPPA-designated appraiser and grounded in 25+ years of selling the same kinds of assets at auction. We know what a CNC machining center, a truck fleet or a full production line brings, because we sell them.
A defensible number, from the people who know what buyers actually pay.
Who Leads Your Engagement
Justin Fisher
GPPA, CAI
Graduate Personal Property Appraiser. Civil engineer.
A second-generation auctioneer who reads a plant the way an engineer does and prices it the way the market does.
Redfield Group Auctions is led by Mike Fisher, current President of the National Auction Association.
What We Do
Location. Condition. Value. Answers.
Whatever the client needs to know about the assets, we find out and put it in writing.
Appraisals
Full USPAP compliant appraisal reports on machinery, equipment, fleets and business assets, prepared by GPPA-designated appraisers.
Asset Verification
On-site collateral inspections for lenders. We confirm the assets exist, where they are, what condition they are in, and document every piece with photos and serial numbers.
Valuation Opinions
When a full report isn’t required, a fast, market-based opinion of value to support a credit, workout or sale decision.
Top 5
U.S. SBA Lender
One of the five largest SBA lenders in the country sends Redfield to verify its collateral.
Is it still there? Is it where the borrower says it is? Is it running? What is it worth today? We answer all four, on site, and report back.
Who We Work With
Built for Institutional Assignments
Lenders
Collateral valuations and verification for banks and commercial lenders, including SBA lending. We have helped both lenders and borrowers meet SBA requirements to get business loans closed.
Legal Professionals
Attorneys, receivers, courts and municipalities. Appraisals, asset verification and the sale of assets for receiverships, business dissolutions and partnership divisions.
Large Bankruptcies
Asset valuations for trustees and counsel. We identify, inventory and value the estate’s machinery, equipment and business assets, then stand behind the report.
Corporate Clients
Plant, fleet and equipment valuations for companies facing a sale, closure, restructuring, partnership division or financing decision that needs a defensible number.
For Legal Professionals
Your Eyes, Ears and Boots on the Ground
Redfield Group has served attorneys, receiverships, courts and municipalities for 25+ years, with a standing commitment to transparency, fiduciary duty and results. It is not uncommon for us to be one of the few people who actually visit the assets before a recommendation is made.
Experienced fiduciaries
We have sold assets for courts, receiverships and attorneys, and provided USPAP compliant appraisals for the same clients. We understand our role in settling a case, simple or complex.
Single source
From asset verification to a full appraisal to the sale itself: personal property, complete manufacturing facilities and real estate, in over 40 states and internationally.
Estates, by exception
We take estate matters only at the multimillion-dollar level, where the estate holds substantial real estate or operating companies.
A network where you need it
As a member of MarkNet Alliance, we work with service providers across the country and abroad when a matter reaches past our own footprint.
Why Redfield
Appraisers Who Sell What They Value
Our values come from the market, not a price guide. Redfield Group has sold business and industrial assets at auction for 25+ years, so every appraisal is grounded in what buyers actually pay.
GPPA designated
Multiple Graduate Personal Property Appraisers on staff, among the few in Alabama.
USPAP compliant
Reports prepared to the Uniform Standards of Professional Appraisal Practice.
One firm, start to finish
If the assets need to be sold, the same team that valued them can take them to market.
The Scale We Work At
We Have Cataloged and Sold Entire Plants
The market data behind our appraisals comes from projects like these: a complete denim plant in Louisiana, a furniture distribution center in Georgia, corporate truck fleets and machine shops across the Southeast.
What We Appraise
Common Assignments
How an Engagement Works
1
Scope
We agree on the assets, the purpose of the valuation and the timeline.
2
Inspect
We walk the site, identify and inventory the assets.
3
Analyze
Values are built from real sale results for comparable assets.
4
Report
A written USPAP compliant report you can put in front of a court or a lender.
Scope of practice: We accept appraisal and asset verification engagements from lenders, legal professionals, bankruptcy professionals and corporate clients. We do not appraise real estate, and we do not take household or personal appraisal assignments directly from individuals. Estate matters are accepted only for multimillion-dollar estates with substantial real estate or operating companies. When a full report isn’t required, we also provide valuation opinions for the same clients.
Credentials
Designations, Elections and Appointments
Hire a team that keeps educating itself and that the rest of the industry looks to for leadership.
Designations
Elected & Appointed
Memberships
Have an Assignment?
Tell Us the Assets, the Location and the Purpose
We’ll respond with scope and timing.
Need the assets sold? See industrial & business liquidations
Redfield Group Auctions | Mike Fisher, AL Lic. #1911 | 1044 Sutton Bridge Road, Rainbow City, AL 35906