Century Services
Century Services provides comprehensive appraisal, liquidation, consignment, and asset-supported lending services across North America, with a focus on Canada. The company has served the Canadian financial and business community for over 40 years, offering a wide range of services to manage business failures and windups.
Century Services Overview
Century Services has been serving the Canadian financial and business community for over 40 years. The company specializes in comprehensive appraisal services across North America, liquidation and consignment auctions throughout Canada, and asset-supported lending and specialty financing across the country. With locations in Calgary, Edmonton, and Foothills, Century Services provides a wide array of services to support business needs including loan structures and value recovery processes.
Appraisal Services
Century Services offers thorough appraisal services covering diverse industries such as aviation, agriculture, automotive, construction equipment, energy, food and beverage, forestry, inventories, and more. The company provides four types of appraisals: Forced Liquidation Value, Depreciated Replacement Cost, Orderly Liquidation Value, and Fair Market Value. Each type is tailored to meet specific valuation needs, ensuring accurate assessments for various purposes.
Auction and Liquidation Services
Century Services operates liquidation and consignment auctions across Canada, enhancing value recovery through different modalities. These include live online auctions, complete dispersals, surplus inventory clearance sales, estate sales, real estate sales, on-site sales, and timed auctions. The company utilizes a database of over 45,000 qualified buyers across a wide range of industries to ensure maximum exposure and optimal results in value recovery.
Asset-Supported Lending and Specialty Financing
Century Services provides an array of financial solutions including bridge and term loans, secured loan buyouts, DIP and exit financing, and mezzanine debt and quasi-equity. The company also participates in equity or quasi-equity structures to help businesses create liquidity. These funding solutions are designed to support firms through various financial situations, from growth to distress.
Management Services
Century Services offers comprehensive management services assisting businesses in turn-arounds, strategic repositioning, managing through distress, accelerated growth, capital planning, financial control building, project management, organizational effectiveness, leadership development, board governance, and succession planning. These services aim to enhance operational efficiencies and ensure sustainable business practices across different stages of development.