What is Collateral Evaluation Associates?
Collateral Evaluation Associates, Inc. (CEA), operating since 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, 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. Their extensive experience positions them as a reliable partner for accurate asset valuation.
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 substantial backing, characterized as a large-scale late-stage funding event, suggests Collateral Evaluation Associates is poised for significant expansion or strategic initiatives. This capital infusion is likely to fuel enhancements in service delivery, technological integration for appraisal processes, or broader market penetration. The company's focus on compliance and expert services indicates a trajectory aimed at solidifying its leadership in the specialized appraisal market.
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