ECG has vast experience in all aspects of collateral monitoring. In addition to performing collateral examinations, we can also handle your collateral monitoring needs. Services available include:
Borrowing Base Verification/Calculation – using data mining and manipulation technology we can develop models that can be reused to calculate borrowing base ineligibles and availability easily and accurately for a myriad of reporting formats and borrowing base structures.
Monthly Reporting Packages – We can provide analysis of key collateral metrics including:
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AR and AP Summary Aging comparisons and trend analysis
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Inventory component comparisons and trend analysis
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AR and AP top ten concentrations
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AR, AP and inventory statistics including dilution, turnover and activity changes/comparisons.
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Detailed listings of each ineligible balance.
Phone verifications – We can provide a verification schedule/program to ensure that the reported collateral is verified every month, quarter or any other interval desired by the lender.
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Verification sampling can be done on a truly random basis, or if desired, we can use our vast experience to review the collateral and identify specific transactions that may pose additional risks.
Desk top audit – With todays technology, it is possible to perform most if not all of an exam remotely. Of course there is nothing better then “being there” and reviewing actual documents; however, if a borrower has ample availability and a low risk profile a Desk Top/Remote examinations may be preferable. These exams are generally less intrusive to the borrower and saves the borrower travel expenses.
