ECG Collateral Services provides auditing and collateral consulting services to the commercial finance
- Protecting lenders by designing and implementing audit programs that:
- Identify collateral risk lenders may not be aware of
- Identify favorable and unfavorable trends in a borrower’s financial and/or collateral performance
- Provide relationship managers with strategic information not readily available elsewhere.
- Increasing efficiency and cutting audit time by designing software that:
- Standardized the audit process
- Improved audit efficiency by 72%
- Decreased audit time by approximately 50%.
- Improving audit departments for several major lenders by:
- Designing and creating training programs that resulted in evaluations showing staff met or exceeded expectations 90-98% of the time.
- Creating and documenting audit policies and procedures that helped improve audit completeness from 57% to 98%.