Todd McMullen - Partner

tmcmullen@moorecolson.com
770.989.0028
Click for BIO

 

Jena DiGiacomo - Partner

jdigiacomo@moorecolson.com
770.989.0028
Click for BIO

LENDER SERVICES

As a lender, one of the most critical aspects of a borrowing relationship is the accuracy and reliability of your clients' financial and operational information. While business owners think they are using and providing their lenders with accurate information, many times (due to changes in the business, systems and personnel) the reliability of such information is less than adequate. For more than 30 years, Moore Colson has assisted lenders with due diligence efforts by providing a responsive, objective, and experienced outside view of the client or prospect. These services are tailored to your specific needs whether they are the verification of collateral and related systems or the assessment of a complex merger transaction with highly involved assumptions and projections.

More Information

SERVICES

Business surveys and financial due diligence

Business surveys and financial due diligence assist you in gaining an overall understanding of a business and the unique circumstances they face, including specific areas of identified needs and recommendations for improvements. Business surveys and financial due diligence are typically utilized in situations involving significant changes and/or assumptions like mergers and acquisitions, spin-offs, turnarounds or circumstances involving one-time unusual events.

Surveys and financial due diligence engagements typically include assessments of:

• Operations and financial position
• Quality of earnings and net assets
• Forecasts of income statement and balance sheet projections significant assumptions
• Bridged performance from actual to forecasts
• Management planning and collateral control systems
• Management and management organizations
• Summary and recommendations

Prospective and recurring collateral reviews

Collateral reviews are assessments of the collateral securing advances from a lender to borrower, with a strong emphasis on receivables and inventory testing. Moore Colson can utilize our field exam package or yours, depending upon your needs. Prospect collateral reviews are performed in conjunction with a lender's underwriting of new loans and also provide guidance for establishing eligible collateral criteria and reporting procedures.

A collateral review typically includes an assessment of:

• Receivables: systems and capabilities, aging trends, dilution & turnover analysis, concentrations, past due analysis, detailed invoicing and cash application testing, credits analysis, and ineligible collateral calculations
• Inventory: systems and capabilities, trending by category and location, turnover analysis, test counts, cost testing, analysis of gross margin by product, and ineligible collateral calculations.
• Other: Accounts payable, bank statement and cash accounts, insurance coverage, tax information, and financial information

MOORE COLSON LENDER SERVICES CLIENTS ARE COMPRISED OF:

Asset based lenders, community banks, commercial lenders, finance companies, factoring companies, and special assets groups.

If you would like to request more information about how Moore Colson can help your LENDER SERVICES business, click on Todd McMullen, Melissa Lindh, or Jena DiGiacomo.
Moore Colson can point you in the right direction!