Who we are
Wert-Berater, Inc. has prepared independent feasibility studies for lenders, certified development companies, and federal agencies since 1998 — more than four thousand engagements representing $40.2 billion in evaluated project value across all fifty states and international assignments. Our fiduciary duty runs to the lender and the agency, never to the sponsor’s optimism: fees are fixed, quoted up front, never contingent on findings, and a determination is never changed under pressure.
What we do
RAS promises fish without coastline — at industrial capital intensity. The feasibility question is whether the energy, labor, and depreciation load of full water treatment is covered by the premium the controlled product earns plus the logistics advantage of farming next to the market. The study validates the technology vendor's biomass claims against operating installations, builds the energy budget from the actual treatment train, and stress-tests the case at commodity pricing, because a RAS that only works at premium prices is a marketing thesis wearing a fish farm.
How we do it
System-level technical review — biofiltration capacity, oxygenation, backup power as a life-support requirement — capex benchmarked per kilogram of annual capacity against the category's published build costs, commissioning and biological-ramp scheduling, and a power-interruption risk analysis with mitigation stated as conditions.
How we can help you
RAS credits are equipment-and-building structures suited to SBA 504 where owner-operated and conventional lending at scale; USDA energy programs may layer where renewable integration is real. The firm's controlled-environment agriculture and cold-storage practices supply the energy-modeling and specialized-envelope analysis RAS underwriting requires — including a $17,350,000 CEA engagement built on the same channel-level revenue discipline.
How to engage us
Standard delivery is 10 to 15 business days from complete project data. Rush delivery for deals already in underwriting is accepted case by case for an additional fixed fee, quoted up front and committed in writing. Engagements are typically initiated by the borrower, with lender or CDC confirmation obtained before work begins — institutions differ, so confirm the procedure with your lending contact.