Heavy Equipment Auctions
Most businesses either fail to see their underutilized equipment (allowing it to depreciate) or spend so much time selling it that the process ends up costing them money. Not only this, but because of environmental regulations, new equipment can cost up to three times as much as it did 5 years ago. This is such a serious, hidden burden on businesses that Equify created an auction division, allowing customers to buy and sell equipment in the most efficient, profitable way possible.
Southwest Industrial Rigging
Southwest Industrial Rigging in Phoenix, AZ, brought Equify in to appraise their overall company, allowing them to protect their assets by creating a trust. Were it not for this strategic move, millions of dollars in valuation would have gone to the government at the passing of the principal. This would have resulted in hundreds of jobs lost, and, undoubtedly, shut down the company.
Bayside Land Partners
At Equify, our risk management team reviewed existing agreements and insurance policies for Bayside Land Partners of Rowlett, TX, and discovered massive risks in their contracts, exposing them to costly losses should a likely incident occur. As a result, we re-wrote their contracts and began handling their insurance needs, giving them peace of mind knowing they were both protected and in compliance.
Our team worked with a major construction company out of San Antonio, TX, to refinance their equipment, restructure their real estate, and even protect their personal ranch by bringing it under an LLC. This restructure and refinance gave them the bonding capacity to acquire additional work.
Our team worked with Osburn Contracting in Garland, TX, and, after evaluating the equity position in their equipment, created a revolving line of credit that infused 9-million dollars into the company.
Austin, San Antonio and South West Texas
Dallas/Fort Worth and Central Texas
Fort Worth and West Texas
Permian Basin and Panhandle
Southeast Texas and Louisiana
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Equify can help you buy the equipment you need and sell the equipment you don't.