FMV, OLV, FLV and NOLV: the premises of value, explained
One machine can carry several correct values at once. Here is what each premise means and the situation it answers.
Read the article →Plain-English guidance on appraisal premises, lending, the SBA, and what drives the value of the equipment that runs a business.
Latest insights
Plain-English articles on the premises of value, the situations that trigger an appraisal, and what drives value in healthcare, automotive and general machinery and equipment. Each one is written by an appraiser, not a marketer.
One machine can carry several correct values at once. Here is what each premise means and the situation it answers.
Read the article →What drives the value of imaging assets, from modality and age to software entitlements and the refurbishment market.
Read the article →Lifts, alignment, ADAS, paint booths and parts: how a dealership's fleet is valued, and how the premise follows the situation.
Read the article →Make, model, hours, controls and the active resale market: what moves the number on machine-shop assets.
Read the article →When the SBA SOP calls for an independent appraisal on 7(a) and 504 loans, who can perform it, and what lenders expect.
Read the article →Tell us the situation and the assets. We will scope it, and we never quote a value before inspection.
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