What is Collateral Evaluation Associates?
Collateral Evaluation Associates, Inc. (CEA), established in 1990, is a specialized provider of machinery and equipment appraisals, inventory appraisals, and medical equipment appraisals. The firm serves a diverse clientele including asset-based lenders, business owners, accountants, attorneys, and healthcare organizations. Beyond core appraisal services, CEA offers liquidation support and expert witness testimony, adhering strictly to the Uniform Standards of Professional Appraisal Practice. With over twenty-five years of operational experience, CEA is recognized for its commitment to delivering precise appraisal solutions tailored to the specific needs of various professional users.
How much funding has Collateral Evaluation Associates raised?
Collateral Evaluation Associates has raised a total of $323K across 2 funding rounds:
Debt
$150K
Debt
$173K
Debt (2020): $150K with participation from PPP
Debt (2021): $173K led by PPP
What's next for Collateral Evaluation Associates?
The recent major strategic investment, following substantial debt financing, signals Collateral Evaluation Associates' transition into a new phase of expansion and market consolidation. This capital infusion is likely to fuel strategic initiatives aimed at broadening service offerings, enhancing technological capabilities for appraisal processes, and potentially expanding geographic reach. The company's focus on specialized appraisal services for critical sectors such as asset-based lending and healthcare positions it for continued growth and increased market share in a competitive landscape.
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