Banks and financial institutions

How do you know if you are providing finance for a stolen equipment purchase? Is it already on finance or registered as stolen?

Check it

Theft and finance

Value it

Accurate valuations

Register

Equipment registration

Report it

Report theft to TER

Check equipment ownership, usage and outstanding finance

How do you know if plant or equipment you are being asked to finance is stolen or on existing fiannce? A simple TER Check can help you ascertain ownership, market value and condition of equipment – helping you get a better idea of your risk exposure.

Accurate plant valuations

Finance companies generally only require their clients’ own valuation of an equipment fleet as the basis for offering loans. TER can value a single item or a client’s entire fleet of equipment, providing you with up to date, accurate market value and help back up purchase or sale price.

Register equipment

Banks and financial institutions can help prevent theft and fraud by insisting clients register their equipment on our database of over 600,000 pieces of plant and equipment. Registering equipment with TER is a very low cost and highly effective risk management measure which indemnifies you against potential liability when offering a loan for purchase.

Report thefts to TER