USPAP-compliant collateral appraisals supporting lender requirements and loan approval. AppraiseItNow appraises personal property, equipment, vehicles, boats, business interests, and inventory to document collateral value for secured lending.
Valuations by experienced appraisers across assets
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Joe Kattan
Anne Hay, ISA AM
Jason Dolph, CAGA
Ashley Innes, ISA AM
Tim Roy, ASA, CEA
Justin Ramirez, ASA, ABV, CFA
Marnie Erkelens, CAGA
Raymond Ghelardi, ASA
Aron Blue
About AppraiseItNow's Loan Collateral Appraisal Services
A loan collateral appraisal is an independent, written valuation of property pledged as security for a loan. Lenders require these appraisals to confirm that collateral adequately supports the loan amount, and regulatory thresholds, such as the SBA 7(a) requirement for independent appraisals when financed amounts exceed $250,000, make compliant documentation essential. Depending on the lender and transaction, appraisers may determine fair market value, orderly liquidation value, or forced liquidation value to reflect what a lender could realistically recover if the borrower defaults.
AppraiseItNow delivers loan collateral appraisals online and onsite across the United States, covering personal property, equipment and machinery, business interests, boats, automobiles, and inventory. Our appraisers are independent, carry no financial interest in the transaction, and provide the certification of independence that banking regulators require. Our mission is to deliver defensible, USPAP-compliant valuations with exceptional speed, professionalism, and client service.
What Does AppraiseItNow Appraise for Loan Collateral?
AppraiseItNow covers every major asset class that lenders commonly accept as collateral, including:
- Personal Property – jewelry, antiques, furniture, coins, collectibles, and household goods
- Equipment & Machinery – medical equipment, restaurant equipment, manufacturing machinery, and technology assets
- Business Interests – LLCs, S-corps, partnerships, fractional interests, and privately held stock
- Boats & Watercraft – sailboats, powerboats, yachts, jet skis, and personal watercraft
- Automobiles & Vehicles – cars, trucks, motorcycles, RVs, trailers, and classic vehicles
- Inventory – retail inventory, wholesale stock, raw materials, and finished goods
Who Does AppraiseItNow Serve?
- Borrowers pledging personal or business assets to secure commercial or private loans
- Banks, credit unions, and SBA lenders requiring independent collateral valuations before loan approval
- Business owners using equipment, inventory, or company interests as loan security
- Asset-based lenders and finance companies underwriting loans against non-real-estate collateral
- Attorneys and financial advisors coordinating collateral documentation for complex lending transactions
5-Star Valuation Services, Loved by Hundreds
AppraiseItNow offers online appraisals and onsite appraisals in all 50 states including New York, California, Texas, and Florida.
What is a loan collateral appraisal?
A loan collateral appraisal is a written, independent opinion of market value prepared by a qualified appraiser for property pledged as security for a loan. Lenders use it to assess risk, determine loan-to-value ratios, and satisfy regulatory requirements. It applies to non-real estate assets such as equipment, vehicles, inventory, and personal property.
When is a loan collateral appraisal required?
A collateral appraisal is typically required when a lender needs to document the value of pledged assets before approving or modifying a loan. Triggers include new loan originations, advances of new money on existing loans, and material changes in market conditions or the physical condition of the collateral. Lenders may also require one when the asset type carries specialized valuation complexity.
What types of assets need a loan collateral appraisal?
AppraiseItNow appraises the following asset types for loan collateral purposes:
- Jewelry, antiques, furniture, coins, collectibles, and household goods
- Medical equipment, restaurant equipment, manufacturing machinery, and technology assets
- LLCs, S-corps, partnerships, fractional interests, and privately held stock
- Sailboats, powerboats, yachts, jet skis, and personal watercraft
- Cars, trucks, motorcycles, RVs, trailers, and classic vehicles
- Retail inventory, wholesale stock, raw materials, and finished goods
Who qualifies as an appraiser for loan collateral purposes?
Appraisers must hold recognized professional credentials and have no direct or indirect financial interest in the loan or the property being appraised. AppraiseItNow works with appraisers credentialed by organizations such as the ISA and ASA, ensuring independence and subject-matter expertise across all asset types.
Are AppraiseItNow's loan collateral appraisals USPAP-compliant?
Yes. All AppraiseItNow appraisals conform to the Uniform Standards of Professional Appraisal Practice, which is the recognized standard for defensible market value opinions in lending and regulatory contexts. Reports analyze market conditions, highest and best use, and property specifics in accordance with those requirements.
What information do you need to get started?
The details needed vary by asset type, but generally include:
- Asset description, condition, and location
- Photographs of the asset
- Serial numbers, VINs, or registration documents where applicable
- Inventory lists for stock or goods
- Any existing documentation such as purchase records or prior appraisals
Submit your information online for a remote appraisal or contact AppraiseItNow to schedule an onsite inspection.
How long does a loan collateral appraisal take?
Turnaround depends on the asset type:
- Personal property: 7 to 10 days remote; 2 to 3 weeks onsite or for larger collections; rush same-day or next-day available
- Equipment and machinery: 7 to 10 days remote; 2 to 3 weeks onsite or for larger collections; rush same-day or next-day available
- Business valuation: 2 to 4 weeks; rush 7 to 10 days available
- Automobiles: 3 to 5 days
- Boats: 3 to 5 days standard; marine surveys typically 3 to 5 weeks to schedule and complete
- Inventory: 2 to 4 weeks; rush available for tight deadlines
How much does a loan collateral appraisal cost?
Fees vary depending on asset type, scope, and complexity, visit our pricing page for a full breakdown. You can also contact AppraiseItNow directly for a quote tailored to your specific assets.
Can you appraise assets located anywhere in the US?
Yes. AppraiseItNow provides remote appraisals nationwide and can coordinate onsite inspections across the country for assets that require a physical examination.
Will my appraisal be accepted by my lender?
AppraiseItNow appraisals are prepared to meet qualified appraisal standards, including a defined valuation date, documented methodology, credentialed appraiser, and a non-contingent fee declaration. These elements are what banks, credit unions, and SBA lenders look for when reviewing collateral documentation. While no appraisal firm can guarantee acceptance in every case, following these standards significantly reduces the risk of challenge or rejection.
Do you buy, sell, or broker assets?
No. AppraiseItNow provides independent appraisals only. We have no financial interest in any transaction, which is a core requirement for credible, lender-accepted collateral valuations.
Does advancing new money on an existing loan require a new appraisal?
Yes. If new money is being advanced on an existing loan and there have been material changes in market conditions or the physical condition of the collateral, a new appraisal is required to confirm the asset still adequately secures the loan.
Can a lender reuse an existing appraisal?
In some cases, yes. An existing appraisal may be reused for secondary market transactions if the original report met applicable standards at the time of origination. For new lending decisions, however, lenders generally need a current appraisal that reflects present market conditions.
What standards does a loan collateral appraisal report need to meet?
A compliant report must include a written market value opinion that addresses highest and best use, current market conditions, the asset's physical condition, income capacity where relevant, and any applicable discounts for specialization or environmental liabilities. AppraiseItNow appraisals are structured to satisfy these requirements for lender underwriting and regulatory documentation.
Will the lender share the appraisal with me?
Lenders are generally required to provide applicants with copies of all appraisals and written valuations used in a credit decision. Under the Equal Credit Opportunity Act, delivery is typically required within three business days of a decision or closing.
APPRAISEITNOW APPRAISERS ARE BEST-IN-CLASS & CREDENTIALED BY LEADING APPRAISAL ORGANIZATIONS LIKE THE ISA, ASA, & MORE.
