The Citizen (Gauteng)

The best means of raising funds

AUCTION: PROVIDES IMMEDIATE TURN-AROUND TIME

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An alternativ­e to bank loans or other interest-attracting forms of financing.

Expansion plans need not always be funded by traditiona­l means such as bank loans or other interest-attracting forms of financing, says Park Village Auctions CEO Roy Lazarus.

“In many instances, part of, or all of, the funds needed may be raised through the sale of unused equipment, vehicles, furniture and properties,” he says.

“In these instances, auctions probably offer the best means of disposing of items as it provides an immediate turn-around time, no suspensive conditions and is safe and trouble-free.”

Park Village Auctions has been assisting companies to raise capital in this manner for many years, explains Lazarus.

“We have built up an impressive set of value-added tools which ensures sellers get a fair price for unneeded goods,” he says.

“Our services include inventory valuations and perfecting of special and notarial bonds and asset disposals, as well as advise on asset stripping, downsizing and restructur­ing of inventorie­s and other vital issues.” – Citizen reporter

For more informatio­n contact Park Village Auctions on 011-789-4375 or go to

 ??  ?? Park Village Auctions’ Roy Lazarus says realising profits from assets presents prudent way to fund business growth.
Park Village Auctions’ Roy Lazarus says realising profits from assets presents prudent way to fund business growth.
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