We offer highly specialized services to complement your existing operation. It may be limited manpower or knowledge on certain equipment types and markets. We offer integrity and professionalism in the way we deal with you, your customers and our buyers.
Following is a list of the services we offer:
- Document Review – including equipment maintenance and return conditions, return locations, storage, purchase and renewal options, value definitions;
- Equipment Appraisal – including reviews of description and specifications, document terms affecting value, inspection including maintenance records, contracts and photos;
- Remarketing – including market analysis, disposition strategy, lessee negotiation, analysis of repair/refurbishment, offering memos, buyer identification and closing documents and funds transfer;
- Repossessions – including equipment removal, inspection, storage, and sale in a commercially reasonable manner.
Different types of maintenance
Companies hold several assets, both high and low in value. If you choose a single restorative plan, you might end up spending a lot more on an asset than what its actually worth.
To filter out items which can be easily replaced instead of getting repaired, a company should run several types of repair and service events. Different organizational workflows need different types of maintenance:
It refers to scheduled maintenance to cope with equipment failures before they actually occur. It can be further broken down into preventive and predictive maintenance.
- Preventive maintenance is carried out at predetermined intervals by following a prescribed criterion. It is time-driven and based on the assumption that usability of a mechanical component will decline over its useful life-cycle. It includes activities like regular equipment inspection, partial or complete overhauls, oil changes and lubrication etc.
- Predictive maintenance is different from preventive maintenance such that it depends on the working condition of the machinery rather than its average life expectancy. It requires monitoring equipment during its normal operations to see if it’s working at its best. Some companies use periodic vibration analysis to continuously monitor high value assets and simply check them in for maintenance when their vibration fluctuates.
This type of maintenance restores any failed pieces of equipment. It is typically performed at irregular intervals since technicians don’t know when a certain machine will break down. The main aim here is to fix a problem in the shortest possible time using three steps: diagnosis, repair and verification.
Not dependent on any broken parts or downtime, it includes some necessary activities such as cleaning, lubricating and replacing batteries on small-scale assets or equipment. This is generally performed on a weekly basis.