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:
AR and AP Summary Aging comparisons and trend analysis
Inventory component comparisons and trend analysis
AR and AP top ten concentrations
AR, AP and inventory statistics including dilution, turnover and activity changes/comparisons.
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.
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.