Quaker City Auctioneers works with financial institutions such as banks, leasing, holding and insurance companies, city state and federal agencies, attorneys, trustees, accountants, the courts and all segments of the private sector from major corporations to single owner companies.
Joint Ventures: We welcome the opportunity to partner a deal with another auctioneer or machine dealer either on a 50-50 basis or any portion that is agreeable between the parties.
Finders Fees: If you refer Quaker City Auctioneers to a company that is sold at auction by Quaker, is liquidated by Quaker or is appraised by Quaker, you will be entitled to a fee commensurate with the size, proceeds and circumstances of the deal.
Options or Solutions:
Every situation or insolvency case has a different set of rules and ramifications that must be addressed. There are instances when public auction sales are not necessarily the most feasible and available method of liquidation.
A privately negotiated sale involving a number of interested buyers is one option. A sealed bid sale is another method. Notice is sent out to prospective buyers and interested buyers (or bidders) respond with a one time privately submitted bid. The other available means of liquidation include Going Out of Business Sales, Retail Promotions and Wholesale Liquidations.
How does Quaker City Auctioneers, Inc. work with banks?
We assist in the securing of assets and dissolving of a business. Quaker city will take possession and manage the auction process from asset preparation to final removal. We will appraise, inventory or liquidate depending upon the requirements of the situation.
How does Quaker City Auctioneers, Inc. work with leasing/finance companies? Quaker City will appraise and document with precise description all equipment and inventory that is the basis of a lease or loan.We will remarket through auction or sell through private negotiation, equipment that has been repossessed or will be repossessed. This includes securing and or removing the collateralized equipment with insured professional riggers and truckers.
How does Quaker City Auctioneers, Inc. work with attorneys?
We are licensed and bonded in the state of Pennsylvania and with the United States Bankruptcy Court. Quaker City Auctioneers, Inc. represents debtors and creditors in litigation regarding value and substantiation of inventory. We offer expert witness testimony regarding auction proceedings and questions of value.
How does Quaker City Auctioneers, Inc. conduct business in the private sector?
Quaker City Auctioneers will buy, sell or guarantee any business or commodity that may be auctioned or liquidated. We invite and welcome joint ventures and offers finders' fees or commissions on deals that we close. Quaker City will buy surplus equipment, or entire facilities that are insolvent, in probate or in retirement position. We will buy or sell all surplus or overrun wholesale or retail inventories of manufacturers and importers.