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Independent Equipment Company


Independent Equipment Company
Arrow Independent Equipment Company

Contact: Carl Chrappa, A.S.A., M.R.I.C.S., I.F.A.
Phone - 727-796-7733
Email - cchrappa@iecvalue.com

Independent Equipment Company is the nation's oldest full service one-stop equipment management company. Independent's staff is comprised of industry experts who possess hands-on experience in all aspects of equipment management services, including: inspections; appraisals; business valuations; residual value analysis; portfolio reviews and audits, and special studies tailored to meet the specific needs of our clients.

The Company is headquartered in Clearwater, Florida and has representative offices located in Maryland, North Carolina, Indiana, and Texas. These offices are staffed by equipment experts who have a combined knowledge of virtually every type of equipment typically financed.

Independent's staff have appraised and successfully remarketed the following types of equipment: aircraft, automobiles, barges, buses, chassis, containers, construction, food & beverage, machine tools, maintenance of way equipment, machine tool, marine vessels, medical equipment, office and retail store furniture & fixtures, oil/gas/energy, power plant, printing equipment, processing & fabrication, railcars and locomotives, semiconductor/hi-tech/computers, trailers, trucks, turf maintenance/golf, agricultural, as well as other types too numerous to list.

The company employs tested and certified appraisers (A.S.A., M.R.I.C.S., I.F.A, and A.V.A) and inspectors who are knowledgeable and pledged to uphold the highest ethical standards in the industry. The company routinely provides services for lease/finance, asset based loans, ad valorem, litigation support, bankruptcy, M&A, and market and vendor studies.

Independent Equipment Company is highly regarded by the leasing and finance industries through its relationships with the Equipment Leasing and Finance Association (ELFA), the Commercial Finance Association (CFA), and the American Bankruptcy Institute (ABI).

In addition, Independent is a licensed and bonded auction company and a registered equipment remarketing contractor with the Federal Deposit Insurance Corporation (FDIC). As an equipment dealer/remarketer, Independent routinely sells many types of equipment. The company has access to an electronic database containing over 1,000,000 potential buyers nationwide for use in direct mailing. In addition, the company performs telemarketing campaigns and provides advertisement services in local area newspapers, trade journals and magazines. The company can also provide complete sales brochure layout and production services for sealed bid sales or auctions. Independent can advertise your equipment for sale worldwide, including the United States, as well as Canada, Central and South America, Europe, the Pacific Rim and Australia.

Carl Chrappa, the Company's President, has co-authored the book "A Leasing Company's Guide to Equipment Management" published by the Equipment Leasing and Finance Association [phone (202) 238-3400]. This book is a resource guide to all areas of equipment management, including appraisals, inspections, documentation, negotiating and remarketing skills related to the leasing and financial services industry. He is also a regular content provider to the ELFA's 'ELT' magazine, and web-based ELFAonline.com.



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