What We Do
True third-party valuators, our veteran Irontrax team has worked in the construction, mining, transportation and agricultural industries for decades. Appraising such machinery is our core business. Learn more about our machinery and equipment appraisal services and see our additional services below.
The best way to mitigate risk is to do a residual forecast. This determines the future value of an asset at a given time.
Floor Plans/Field Audits
Irontrax’s random spot-checks of rental company fleets help clients mitigate risk. Our veteran inspectors don’t just identify and confirm the assets our clients are loaning money against actually exist.
Lease End Inspections/Recovery
Irontrax is widely recognized for its thorough lease end compliance process. We verify that the machinery meets or exceeds documentation benchmarks, guaranteeing customers will collect all the damages they’re entitled to receive.
Irontrax is not affiliated with an auction house. As a trusted independent resource, we’re better able to focus our attention on risk mitigation when selling or remarketing recovered assets.
Machinery and Equipment Appraisals
Our Appraisers have their Accredited Senior Appraiser (ASA) Designation form the American Society of Appraisers.
Mergers and acquisitions
Irontrax professionals have first-hand technical perspectives on heavy equipment, from rebuilding engines to driving semis. Highly-experienced liquidators, we can catch what unqualified appraisers often miss: new vs. old machinery, missing elements, excess mileage, worn out undercarriages, etc.
Our firm is uniquely qualified to understand the risk management side too, thanks to first-hand asset management experience within the financial industry. We understand the machinery and the valuation methodology necessary to help customers most efficiently manage their heavy equipment portfolios, offering the best of both worlds.
Irontrax is an approved Master Service Agreement (MSA) vendor for nearly half of the nation’s Top 50 banks.
Construction and Mining Equipment
Yellow iron (excavators, dozers, pavers, etc.)
All-terrain, conventional truck crane, crawler, hydraulic truck, power crane, rough terrain, tower crane
Sprayers, tractors, combine harvesters, hay/alfalfa equipment, etc.
Over-the-road (semi, car hauler tow truck etc.), recreational (RVs and motor coaches), refuse, utility and vocational (mixer, dump truck, etc.)
Who We Are
Meet the Irontrax leadership team
Michael Holck, ASA
Len Brester, ASA
Thomas Sexton, ASA
Vince A. Lorenz
Joseph Santora, ASA
LOCATIONS WE'VE SERVED
What Our Customers Say
What We Think
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“You have got to be kidding me!” These were my exact words to the credit officer who asked that I review a machinery and equipment appraisal. “Are you suggesting that we lend actual money based on this appraisal report?” Having spent a couple of years as an equipment manager for a northeast Ohio-based bank, and[…]