Sale FormatLiquidationClosed Sale StatusClosedBy Direction of Regions Bank as Secured Party, and in Accordance with Section 9-610 of the UCC...CONSTRUCTION EQUIPMENT FLEET FORECLOSURE AUCTIONDate & TimeThursday, May 3 LocationHouston, TX More Info2012 - 2014 Excavators, Wheel Loaders, Single Drum Rollers and Backhoe Loaders from Liugong, Terex and New Holland Plus... Attachments

Date & Time

Thursday, May 3

Inspection

Inspection Info

Removal

See Below

Location

Houston, TX

Button 1

View & Bid

Sale Details

PrimeEquip is a Houston based construction and aerial work platform rental company. The company has a fleet of recent model Haulotte aerial work platforms along with an inventory of LiuGong Earthmoving equipment. In addition, the company’s portfolio of assets includes brands such as Terex, and New Holland.

PrimeEquip can trace their roots back to 2008 when an Equipment Dealership opened the facility on Rankin Road. The site was taken over by Noble Iron Inc. in 2012 who established the major brand LiuGong. Following a buyout in September 2016, the company increased customer base and recurring revenue. Monthly revenue has grown, and a substantial core customer base was established with several hundred accounts.

EQUIPMENT INCLUDES

• (9) 2012 – 2014 LiuGong & Terex Excavators
• (2) 2012 Terex Backhoe Loaders
• Single Drum Rollers
• (3) 2012 & 2014 LiuGong Wheel Loaders
• New Holland Wheel Loader
• 2016 Ford F-150 Pickup Truck
• Plus Various Attachments including 12” to 50” Buckets, Thumbs, Plate Compactor & 66” Shell Kit Pads

Additional Info

2012 – 2014 Excavators, Wheel Loaders, Single Drum Rollers and Backhoe Loaders from Liugong, Terex and New Holland Plus… Attachments

Sale Partner

STEP 1 – REGISTER

Click the ‘Register to Bid” link above and complete the signup form – your bidder number will be emailed to you for use at this auction. Please be certain to review the Terms of Sale, along with any Sale Specific Terms before registering.

You must provide a credit card, which will be authorized for $500 to secure your bids; Please note that your card must have sufficient credit to be authorized for 25% of your purchases as you continue to bid. If you plan on spending more than $10,000 please contact the Auctioneer prior to the auction to ensure no bidding interruption.

$5000 minimum deposit is required prior to the auction for international bidders. Auctioneer may not be able to respond timely to registration requests on the day of sale, we recommend registering the day prior to the auction.

All deposits made by cashiers check, wire transfer or firm and personal check accompanied with a bank letter of guarantee will be returned within 7 days unless purchases are made.

STEP 2 – VIEW ITEMS

– Click on the ‘Bid Live’ link above to access audio and video.
– Click on the ‘View Items’ link above to browse the auction catalog.
– Click on ‘View Item’ to see the lot description of each item.
– Click on “My Items” to view all items won, items not won, items you are currently bidding on and any items on your watchlist.

STEP 3 – BID

Enter a maximum of what you are willing to pay next to “Place max bid” and submit. – The system will start your bid at the lowest available increment and bid for you.
– You can place multiple bids by entering all your max bids on each lot then scrolling to the bottom of the page and click on “Place multiple bids”; however, changing pages will clear your bids.

STEP 4 – PAY

Credit Cards on file will be charged at the end of the Sale plus a 5% buyers premium and Sales Tax unless you are purchasing for resale and have completed and returned a resale certificate before the conclusion of the auction. Balances in excess of $10,000 must be settled by cashiers’ check or wire transfer received by Tiger by 12:00 pm the day following the auction.

STEP 5 – PICKUP

You are responsible to remove your items during the posted checkout times. If you are purchasing from out of the area, you may send a 3rd party shipping company to remove your items. Bring your own crews, packing materials, material handling equipment, etc. for removal. Appointments are mandatory. Be sure to email your preferred pickup time within the posted schedule after you have won your last auction item.