IronPlanet Exceeds Community Trust Bank's Expectations

Posted by Jess Messenger on Feb 3, 2015 9:30:00 PM

Community Bank“We used IronPlanet to liquidate a customer’s idle construction equipment. A local auctioneer suggested much of it would be nothing more than scrap. Our net proceeds from the IronPlanet online auction were actually twice what we expected. I think that is a testament to IronPlanet’s business model and its ability to reach a worldwide market. The sales results exceeded our expectations, and we were able to collect all of our outstanding principal, which I don’t think would have been possible had we used anyone else to liquidate the equipment. Our executive team was very impressed and we wouldn’t hestiate to use IronPlanet again.” – Andrew Jarvis, Vice President, Community Trust® Bank

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Topics: In the News