Looking for Machinery and Equipment Financing?

At Rabin, we have specialized in offering our clients a wide range of exceptional services for over 60 years.   Along with our excellent reputation as an industrialauction and real estate investment company, we also offer businesses help with financing essential machinery and equipment. 

When your company decides to finance, it allows you to purchase new equipment to keep up with the demands of a growing business or to use the equity in equipment you already own to access working capital. Our machinery and equipment based financing programs offer businesses with a financial leverage but an inadequate cash flow the opportunity to move forward with an asset based secured term loan that provides the required liquidity.

To underwrite your business a loan, we take our years of experience and use that knowledge to place a value on your industrial assets and real estate that is based on our actual sales or sales from the marketplace.  We have the advantage of being able to accurately evaluate your assets so you will not require a third party to appraise the supporting assets to provide a fair value.  Our seasoned industrial equipment and machinery appraisers are more than qualified to do the job and have been together for over 25 years providing clients real world-obtainable value conclusions. 

Furthermore Rabin can offer financing secured by machinery and equipment in turnarounds and other situations that may not get approval at a more conservative commercial bank.  You will find many of the terms on our website but we encourage you to contact one of our financial representatives by filling out an online form to find out more about our machinery and equipment based financing programs. 

Rabin is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Rabin’s operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more. Past auctions include names such as Hostess, Braniff Airlines, Montgomery Ward, and the Railway Express Agency.  Please contact us to discover how we may assist with your asset liquidation process.

Industrial Real Estate Properties for Sale

At Rabin Worldwide we currently own and manage approximately 1,625,000+ square feet of industrial real estate throughout North America.  As a privately held firm with low debt, we have the capacity and flexibility to act quickly on projects of interest.  Our focus is on distribution markets that exhibit strong demand characteristics, possess high barriers to entry or other value-add opportunities.

Drawing on extensive experience, we target manufacturing plants and facilities that include equipment and processing lines, including surplus, new/unused, rebuilt, and used/second hand equipment.  We expertly handle all component of a sale from auctioning equipment and machinery to repositioning the real estate.

To give you an idea of the scope of our real estate business, we currently have a couple of listings for large industrial complexes.  The Capital Commerce Center (CCC) in Sacramento County, CA offers up to 1.3 million square feet of industrial space for sale or lease and is located on 129 acres.  The site features 24/7 security, abundant parking with space for 250 trailers, 50 loading docks and 25 grade doors.  The existing space includes dry warehouse/distribution, production/food preparation and freezer/cooler, and can be divided into smaller units for tenants requiring less square footage.

With an unparalleled infrastructure, the CCC can cater to the Food and Beverage industry as well as to manufacturers and distributers.  Attributes include a heavy un-metered water supply, heavy power supply and sewer capacity.  

Our other industrial listing at the moment is the Beech Bottom Plant in West Virginia and offers approximately 360,000 square feet of improved industrial property.  It includes approximately 90 acres of usable and relatively flat industrial land that is ready for development. In addition there is a potential for barge loading as the usable property is adjacent to the river.  There is also a wastewater treatment plant on-site that can be restarted. 

We invite you to take a more comprehensive look at these two properties listed on our website and check to see if we have anything new.  Furthermore please contact us if you have an industrial property to sell.    

Rabin Worldwide is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Rabin’s operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more. Past auctions include names such as Hostess, Braniff Airlines, Montgomery Ward, and the Railway Express Agency.  

Prepare Beforehand for a Professional Appraisal

If you are thinking about selling surplus machinery or equipment or need to determine the value for asset-based lending, or to provide a “selling tool”, you will want the services of a professional appraiser.  However before you contact an appraiser, there are some steps you can take to help improve the value of your equipment. 

One of the first things you need to do is to clean and if necessary paint the items to maximize the appraised value.  Additionally make sure items are fully functional and take care of any repairs.  The time to do all of this is before you bring in the appraiser.  

The next step is to put together a detailed list of the equipment and machinery to be appraised, include descriptions, photographs, general condition and any repair records if applicable.   Add to that all of the information regarding the purchase of the items such as receipts, owner’s manuals, warranty certificates, and serial numbers.

Now you are ready to look for an appraiser that has specific experience with your industry and is familiar with the type of equipment and machinery you need appraised.  The appraisal will base valuations on actual sales and take into consideration factors such as: the age, condition and maintenance of the items, market conditions and demands, geographic location, specialized design and/or modifications, technological obsolescence, and industry trends/economic fluctuations. 

At Rabin, our professional machinery and equipment appraisal team has been working together for more than 25 years and has extensive experience in nearly every facet of industrial equipment.  We offer clients appraisals that are exceptionally thorough and provide real-world obtainablevalue conclusions.

Rabin is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Rabin’s operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more. Past auctions include names such as Hostess, Braniff Airlines, Montgomery Ward,and the Railway Express Agency.  

Turnkey Investments

The term turnkey refers to something that is ready for immediate use and describes the sale of goods or services as well as the sale of properties that are finished and ready to move in to.  Thus the only thing an owner of a “turnkey property” needs to do is to simply put the key in and turn it. 

The term is also used in investment real estate for the sale of already established businesses.  In this type of sale, it typically includes all of the necessary equipment along with the experienced employees to continue to run the business.  Turnkey properties will vary from the level of involvement required from the new owners and many real estate turnkey investments need little or no maintenance other than to collect the monthly check.

Over the last several years turnkey properties have become increasingly more popular with investors and offer a unique opportunity for both the seller and buyer.  In many situations, an auction or liquidation sale is not in the best interest of the owner and doesn’t make sense from a financial perspective to liquidate a business that still has value. 

An example of an excellent turnkey investment opportunity is the marketing for sale of an existing facility which is not only running smoothly but is also doing well financially.  It may be the business just needs an influx of new capital and/or a managerial direction.  Nonetheless the business will generally realize a higher value if sold as a turnkey.

At Rabin we offer turnkey sales throughout North America and actively market and sell companies in their entirety, including equipment, inventory, intellectual property, customers, and often the attached real estate.  We have the ability to navigate through all the aspects of a complex sales process to give clients a compelling one-stop-shop value proposition.  With a unique combination of financial strength, diversified experience and unparalleled professional expertise, we have the experience and flexibility to take on a deal of any size and of any complexity.

Rabin is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Rabin’s operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more. Past auctions include names such as Hostess, Braniff Airlines, Montgomery Ward, and the Railway Express Agency.  

The Art of Appraising Real Estate

At Rabin, we are a family-held industrial auction and real estate investment company with a focus on the acquisition and sale of industrial equipment and facilities around the world.  We acquire, re-develop and operate industrial assets in North America, and are experts in the appraisal of real estate as well as equipment and machinery assets. 

In order to list real estate to sell, finance, and obtain property insurance or to do an investment analysis, a professional appraisal is done to determine the value.  So what steps are used to appraise property?  Accurate commercial and industrial property appraisals are based on many concepts and require a more thorough process than is typically done on most residential property.  The following is but a few of the particulars that are taken into account in a commercial or industrial appraisal.

 

A seasoned appraiser must consider the highest and best use of the property, long-term industry trends and fluctuations, and market competition.  Also research needs to be done to learn if there are any legal restrictions pertaining to the property such as zoning ordinances and eminent domain, easements or encroachments.  Along the same lines an appraisal must determine if there are any environmental factors connected to the industrial use that may impact the value down the road. 

In addition more traditional factors are compiled such as comparable sales, replacement costs, location of the property and proximity to infrastructure such as railroads or highways. An appraisal will also factor in the value of the property based on the income it produces such as in rental properties and apartment buildings. 

Rabin currently owns and manages 1,625,000+ square feet of industrial real estate in North America.  The Rabin Management Company (RMC), a private real estate investment and asset management company based in San Francisco, California, currently owns and manages 1,000,000+ square feet of office, industrial, multifamily and retail commercial real estate in the Sacramento, San Francisco Bay area, and Michigan.

Rabin is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Rabin’s operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more. Past auctions include names such as Hostess, Braniff Airlines, Montgomery Ward, and the Railway Express Agency.  Please contact us to discover how we may assist with your asset liquidation process.

How Does Depreciation Affect Your Equipment’s Value?

For accounting purposes, depreciation is defined as a decrease in the value of an asset as a result of wear and tear, age, or obsolescence.  Thus most assets lose value or depreciate over the course of their lifetime and need to be replaced once they reach the end of their lifecycle.  However when machinery and equipment assets are appraised, depreciation is handled in a slightly different manner. 

The NEBB Institute, who among other things certifies professionals in the art of machinery/equipmentappraisals, explains that depreciation has a different meaning to machinery and equipment appraisers.  They add that, “To appraisers, depreciation is the estimated decrease in value of an asset from its initial purchase price.  The estimated decrease is based on a number of criteria, such as physical, functional, and/or economic factors.”  In other words it may not matter what the actual age is of a piece of equipment, but rather if it is operational and still used in the industry.  Finally the most important fact that impacts the value of the asset is, “How strong is the market demand”?

By having a professional appraisal done before you try to market your surplus equipment, will help to ensure you get the maximum value for your assets.  Additionally there are some circumstances where it is not only a good idea but may be required for insurance purposes, mergers and acquisitions and in orderly or forced liquidations. 

Another reason that certified appraisals make sense is they are more readily accepted by financial institutions and corporations as well as the IRS and the courts.   Keep in mind that appraisals are defined by factors such as replacement cost for new or used equipment or machinery, fair market value, geographic location and specialized design and/or modification.  Other considerations that impact value are technological obsolescence and industry trends as well as economic fluctuations. 

 Sources: nebbinstitute.wordpress.com/

Rabin Worldwide is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Rabin’s operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more. Past auctions include names such as Hostess, Braniff Airlines, Montgomery Ward, and the Railway Express Agency.  Please contact us to discover how we may assist with your asset liquidation process.

Rabin Holds Auctions for a Variety of Industries

As specialists in the industrial marketplace, we have developed relationships that bring together an international network of buyers for industrial machinery and equipment.  As such, our auctions encompass almost every industry and we typically have several auctions in one stage or another that we are servicing that span a range of industries. 

To facilitate finding the machinery and equipment your company is looking for, Rabin organizes our website so you can easily find a particular auction of interest and view upcoming ones.  Also you can search by an industry division such as Agriculture, Beverage-Bottling, Construction and Mining, Food Processing, and Metalworking among others.

Areas we offer our expertise include:

Chemical Processing	Woodworking	Pharmaceutical	Trucking & Distr.
Food Processing	Plastics & Recycling	Snack Food	Mining
Agriculture	Metalworking	Construction	Packaging
Audio & Video	Bakery	Printed Circuit	Dairy
Building Equipment	Beverage	Heavy Equipment	Confectionery
Printing & Graphics	Real Estate

An example of a Rabin upcoming auction is in our Metalworking division for the Enormous Aluminum Smelting Facility (formerly the Ormet Corporation) in Hannibal, Ohio.  This auction will be held on site as well as simultaneously online and is scheduled for November 4, 5, 6, & 7, 2014.   Interested buyers do need to register and we encourage you to read all of the payment instructions and requirements beforehand.  Registration can be done online or in person at the auction site.  You will be asked for a form of deposit and need to have a credit card.  Once that is done, you are given a bidder number.

Another auction is from our Food Processing division and is an online auction taking place November, 2014.  Items for auction are food processing and packaging machinery that is surplus equipment from the HJ Heinz GmbH, in Seesen, Germany.

As you can see, we have a diverse, international business and we encourage you to check Rabin’s site for new and upcoming auctions.  If you have questions regarding an auction, please contact us. 

Rabin is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Rabin’s operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more. Past auctions include names such as Hostess, Braniff Airlines, Montgomery Ward,and the Railway Express Agency.  Please contact us to discover how we may assist you with liquidation or auctions services.  

The Advantages of Orderly Liquidation

The definitions for Orderly Liquidation Values (OLV) and Forced Liquidation Values (FLV) are similar but with one of the differences being the time period permitted for the sale of the assets.  Orderly liquidation allows businesses to sell assets over a reasonable amount of time and for reasonable prices, whereas in a forced liquidation, assets must be sold in the shortest time possible and for whatever price they bring.

Also in orderly liquidations, the seller has more control over the process, which is different from that of forced liquidations.  Under forced liquidations, sellers do not control the process but rather a bank or other financial institution is generally the one in charge.  The assumption in orderly liquidations is that a company can afford to negotiate the selling price of their assets with potential buyers and sell to the highest bidder.  Additionally when a company is given reasonable time to liquidate, assets can be sold at the most appropriate time and be offered to the widest audience.  Thereby, they typically sell for higher prices than in forced liquidations.

Conversely in forced liquidations, potential buyers are aware of the speed in which the sale must be conducted and go in expecting to get a real bargain from a seller who is compelled to sell.  This is why FLV are generally much lower than OLV.

Businesses facing orderly liquidation or forced liquidation can hire a firm that specializes in asset recovery and disposition services to manage the entire project and help to obtain maximum value for the company’s assets.  Since asset appraisal is the essential starting point when facing liquidation, you want the most experienced appraisers such as our team at Rabin.  We provide businesses with fair market values for their assets as well as give them the OLV or FLV that is based on our actual sales or that in the marketplace.

Sources:
nebbinstitute.wordpress.com/2014/06/11/the-difference-between-orderly-liquidation-forced-liquidation-and-fair-market-values/

Rabin Worldwide is an international company that specializes in creating liquidity for manufacturing facilities with idle or marginally productive assets.  Rabin’s operations include selling entire plants or surplus individual items by auction or liquidation and much more. Past auctions include names such as Hostess, Braniff Airlines, Montgomery Ward, and the Railway Express Agency.  Please contact us to discover how we may assist with your asset liquidation process.

Take a Try at Selling or Buying at Auction

If you are looking to sell surplus equipment or would love to buy someone else’s, why not try an auction.  Auctions present a great opportunity for companies to quickly obtain needed capital and are an excellent way to purchase additional equipment.  It is prudent to use the services of a reputable auction house and Rabin Worldwide is just such a firm with a history of over 60 years in the industry.
Our longevity means we have experience in nearly every facet of industrial equipment.  Rabin provides services that are tailored for large companies as well as expertly handle sales for smaller businesses.  One example of an auction we recently completed was for the Jones Brothers Construction Company, under our construction and mining division.  

For the Jones Brothers’ auction, Rabin provided our buyers all the needed information along with a selection of high-quality photos for each item listed.  Their auction as well as all Rabin auctions listed details on the equipment that included model and serial numbers, manufacturer, and age of the equipment.  When it was useful, numerous pieces of equipment had videos showing them in operation.  Furthermore we gave potential buyers the information on where the equipment was located and the amount of operational hours the piece had logged.

For our buyers, we make it easy to get started.  Rabin’s online site lists the opening bid and reserve amount along with details on when the live bidding opens and when the proxy bidding opens.  There is a link on each auction page that takes you directly to our easy registration process.  We do caution that you allow at least one business day for your bidding registration to be approved.  For any further questions, please contact your Ad Representative or call Auction Customer Support at 800-334-7443 or 402-479-2119.