Accruit is the exclusive provider of 1031 Like-Kind Exchange services for Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer. As the leading provider of LKE services to the construction industry in the U.S., we help companies like yours transform millions of dollars in tax liability into cash flow.

Each year, America’s construction businesses sell billions of dollars in used equipment, in the process generating significant taxable gains. Most of these companies realize this gain and pay the associated tax – which can be up to 40% of the proceeds of the sale. However, Accruit’s integrated and automated Like-Kind Exchange (LKE) process (the only patented process in the industry) lets Ritchie Bros. customers quickly and simply defer the gain and reinvest those funds back into their business.

Whether you sell only one asset per year or thousands, Accruit’s single exchanges, reverse exchanges and fully managed repetitive programs are secure, convenient and affordable, letting you maximize your cash flow while minimizing your risk and administrative burden.

Is an LKE right for your business?

• Are you a taxpayer?
• Do you depreciate your assets?
• Do you replace assets with replacements of like kind?
• Does your equipment hold its value?
• Do you need flexibility in your fleet?
• Could your company benefit from improved cash flow?

If you answered yes to any of these questions, contact Accruit today for a free consultation. We may be able to help you significantly strengthen your business.

How Much Can Accruit Save Your Business?

This chart, which depicts a common single exchange scenario, graphically illustrates the cash flow benefit to you when you conduct a Like-Kind Exchange with Accruit at auction.

For companies that buy and sell throughout the year, Accruit’s LKE programs also represent significant value.

Accruit’s Patented Process Makes LKEs Simple

Accruit is the only qualified intermediary (QI) to have a patented process and online exchange management system (U.S. Patent No. 7,379,910, and other patents pending). A key component of our success – as well as the success of our clients – owes to a passion for customer service. Accruit’s personalized service model assigns a dedicated member of our highly trained client services team to your account. This professional is intimately familiar with your operations and is personally responsible for making sure that your LKEs are effectively and efficiently managed from inception through completion.