Finance & Venture Capital | Charlotte, NC | The Regal Group
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Asset Retirement

The Regal Group’s Asset Retirement Program is a key component of our commitment to provide you with effective technology services throughout the entire lifecycle of your PC assets and network infrastructure. Our program allows you to recover value from your old assets with which to offset the cost of acquisition of new equipment.

It is usually only when the time comes to purchase new PC equipment that most organizations begin to think about what to do with old obsolete hardware. While obsolete equipment may no longer have a value to you, it may still have residual market value, either as whole units or as a source of individual components and subassemblies. By recovering that residual value, you are able to partly offset the acquisition of new hardware while outsourcing a costly storage/disposal issue. For on going asset retirement clients, we provide periodic reporting on all asset retirement related activities.

Federal and/or State regulations are in place governing the disposition of computer systems and all materials, component, subassemblies, etc. that are classified hazardous. Unawareness of and/or failure to adhere to these increasingly important environmental impact issues and regulations can be very costly and dangerous.

Our experience has taught us that disposal of your old equipment should result in either creating a financial gain or minimize the expense and liability of the disposal process. There are a number of ways to accomplish this:

Inventory

One of the least popular, time consuming and costly tasks is that of doing an inventory audit of the equipment. This applies to equipment in use, that which is determined to be obsolete and de-installed equipment. Your cost for inventory audits can be reduced considerably with the help of Regal. We routinely audit inventory for clients prior to and following de-installation assignments.

De-installation

Regal provides on site de-installation and removal, including packaging, freight, etc., of your obsolete systems while allowing you to trade the residual value of the hardware for the cost of de-installation. Serial number and/or asset tag number reporting can be provided for all such de-installations.

Diagnostic Testing

Regal can test and remanufacture systems and/or components for redeployment by your organizations. We can also test leased units to confirm operating condition as well as refurbish units to meet leased configuration requirements.

Hard Drive Wipe

For any systems that are de-installed and/or refurbished for remarketing, Regal provides certification of the destructive deletion, to Department of Defense (DOD) specifications, of any proprietary and general software as well as proprietary and general data, contained on the hard drives (HDD) of such systems.

Remarketing with Revenue Sharing

The Regal Group has a global client base, many of which are continually looking to acquire specific equipment. Regal can facilitate the remarketing of some of your de-installed hardware to such client, thus allowing you to recover value from your old assets with which to offset the cost of acquisition of new equipment.

EPA Compliant Disposal

The EPA enforces stringent regulations on electronic recycling. Almost all components contain toxic materials that cannot be disposed of in landfills. Regal's 11 years experience in technology disposal and recycling gives us expertise in avoiding these problems.

Warehousing

Many clients need temporary climate controlled storage of equipment during infrastructure changes. Regal provides a secure web-based inventory data for real-time information flow.

Complete Recycling

Regal provides a full range of disposal-related support services including the recycling of obsolete units to meet EPA disposal regulations and we manage these issues safely to protect you from any liability. Regal deals only with end recycling companies that meet the all the certification and licensing requirements of the EPA.

 
 
 
Minority and Women Business Enterprises

finance | leasing | off-lease processing | asset retirement
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