Topics include qualifying prospects for inventory financing, inventory considerations in loan structure, inventory composition, accounting systems, portfolio performance, ineligibles, testing, appraisals, reserves, costing, monitoring trends, "red flags," deteriorating scenarios, liquidations, and others.

Accepted industry auditing practices are balanced with "street-smart" techniques of on-site examinations. Our auditors possess the sixth-sense for collateral.

We perform initial surveys, prefunding, and periodic and special examinations. Each examination includes a thorough analysis of the client's financial statements, record keeping, internal controls, accounts receivable reviews, inventory, fixed assets, cash, liabilities, and payroll taxes.

We can predefine or customize the examination based on your needs. Our methods and procedures encompass preliminary and on-site examination preparation, plant tours, client interviews, ineligible determination, shipping tests, verifications, inventory valuation, test counts, risk analysis, lock boxes, check scrutinization, and additional approaches. We have a goal to support the lender in the audit capacity by serving as the "ears and eyes" for the lending institution.