When a Texas-based brewery defaulted on its loan, the lender was looking to minimize the shortfall on the amount owed. To recoup what value it could from the specialized brewing equipment and other assets, they turned to Loeb to manage the equipment liquidation and auction process.
The Challenge: Asset recovery in a crowded market
After the brewery closed, the lender sought to maximize the recovery of the value of the borrower’s assets. However, the market was already saturated with brewery equipment liquidations, creating uncertainty with pricing and buyer demand.
The bank needed a partner with expert knowledge of the industry, could maintain oversight of the process, and deliver strong results in an overcrowded market.
Why Loeb: Expertise in Equipment Liquidation
The bank chose Loeb for its 145-year legacy of excellence and reputation as a trusted partner in complex industrial equipment liquidations and auction services. Known for its integrity and deep industry expertise, the lender was confident Loeb would manage the auction process effectively and professionally from start to finish.
The Solution Strategic Equipment Auction Execution
Loeb coordinated and executed a strategic marketing plan, positioning the brewery equipment to attract qualified buyers despite the difficult and crowded market conditions.
When the borrower attempted to remove critical documents during the auction, Loeb stepped in to immediately notify the bank and secure the materials by arranging them to be boxed and removed from the brewery.
The Outcome: Strong Buyer Participation and Asset Recovery
Amidst a market saturated with brewery equipment liquidation, Loeb was able to obtain strong buyer participation and ultimately help generate a substantial amount in asset recovery for the bank.
This project highlights the value of working with a partner who understands the industry, the auction process, and the importance of protecting lender interests every step of the way.
Ready to Maximize Your Asset Recovery?
Partner with Loeb to turn complex equipment liquidations into strong financial outcomes. Contact our team to discuss your upcoming auction or asset recovery needs.
Frequently Asked Questions
What services does Loeb provide?
Loeb offers a full range of services, including:
- Selling used equipment
- Buying used equipment
- Appraisals
- Auction coordination
- Liquidations
- Asset-based loans
These services support end-to-end asset recovery and auction execution.
Can Loeb assist with liquidating surplus equipment?
Yes. Loeb provides multiple asset recovery and liquidation programs designed to help clients maximize returns. Their experience, industry knowledge, and buyer network support successful outcomes.
Does Loeb ship equipment internationally?
Yes. Loeb works with both domestic and international markets and can containerize and crate machinery for export, allowing assets to reach a global buyer base.
Can Loeb manage the auction process from start to finish?
Yes. Loeb follows a structured auction process, from initial inspection and planning through the auction event and post-sale management, ensuring a streamlined experience.
How does Loeb help attract buyers to an equipment auction?
Loeb promotes auctions through targeted marketing and its extensive buyer network, helping generate interest and competitive bidding for assets.
What types of equipment can be sold through Loeb auctions?
Loeb manages auctions across a wide range of industries, including:
- Food and beverage (including breweries)
- Pharmaceutical and chemical processing
- Manufacturing and packaging equipment
How does Loeb help maximize value during liquidation?
Loeb combines market expertise, valuation experience, and comprehensive marketing strategies to increase the speed of sale and improve recovery outcomes.
Can Loeb provide support beyond the auction itself?
Yes. In addition to auctions, Loeb offers appraisals, financing solutions, logistics support, and equipment services—helping clients manage the full lifecycle of asset recovery.
