Chesterfield, MO (PRWEB) August 07, 2014
According to BCL Auction, a Missouri-based full service auction team, the best options for companies who want to liquidate some or all of their assets are online auctions.
BCL Auction offers three kinds of auctions: Live Auctions, Live Webcast Auctions, and Online Auctions.
Live auctions are a way to provide buyers with the opportunity to visually inspect the assets until the moment they’re sold. These types of auctions create an exhilarating atmosphere of competitive, spirited bidding.
Live Webcast Auctions are a way to let online users bid on Live Auction assets in real time -- right from their computer. This type of auction is more accessible, which means that more people will be bidding, making the competition even fiercer.
Online Auctions provide the same online platform as Live Webcast Auctions to customers who have to liquidate massive inventories, small or unique inventories, or specialized equipment. This type of auction brings in the most successful result, while also keeping the auction’s expenses to a minimum.
BCL Auction can also buy out a business, which is when they simply make an offer to buy the assets outright.
According to Bill Cockrum, owner of BCL Auction, "Restaurants, hotels, construction equipment businesses, and retail are all places that often use BCL Auction to liquidate their assets."
It should also be noted that all of their auctions can be accessed through the BCL Auction website, which allows any and all to have equal access to the same buying and selling opportunities.
BCL Auction also offers several types of appraisals, which report the value of the assets being appraised in different ways based on the client's needs and circumstances. Appraisals are used when banks or other lenders are considering giving a loan and need to know how much the collateral is worth.
"The BCL Appraisal Team provides valuations and appraisals for all types of commercial and industrial equipment, machinery and inventories and offers both Field and Desktop Appraisal Reports," says Cockrum. "Whether it’s a single asset or an entire plant or business, we understand the individualized needs of each of our clients. In addition, the BCL Appraisal Team place the highest priority on privacy and confidentiality."
BCL Auction offers businesses several opportunities and options to liquidate their assets. For more information please call 618.274.4112, or visit http://www.bclauction.com.