Asset Based Lending
FRM provides asset based lenders with a profile on the entity and management that can assist in identifying unreported liabilities, risk factors of fraud, and poor decision making. FRM is also routinely engaged as part of on-going surveillance on the transaction to confirm the lenders collateral position and detect unreported new financing arrangements.
Our research concentrates on a review of criminal, legal, regulatory, and media filings along with confirming historical timelines of a manager’s education and employment history. We also routinely perform discreet and, or non-discreet interviews of industry peers and competitors who may have a first hand knowledge of management in order to round out the profile of the manager’s character, reputation, and integrity. FRM does make a certain degree of inquiries into the manager’s personal lifestyle. Our interest in the manager’s personal lifestyle is only insofar as lifestyle might affect the day-to-day ability to remain focused on business strategy.
A Financial Analyst with a background in commercial banking is assigned to each engagement. Our Analysts have a fundamental understanding of the intricacies of asset based lending. Since FRM has standardized many of the means whereby we gather information and report that information to our client, we are able to accomplish most assignments in less than ten (10) business days.
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