Asset Based Lending (ABL) Services

E&N at a high level performs the appropriate procedures to determine the quantity and quality of collateral for Asset Based Lending Field Exams.  We are available to perform ABL field exams at any stage of the loan process including prospects / surveys, pre-funding, recurring, special scope requests, inventory counts and work outs.

E&N's services include the review and analysis of accounts receivable, inventory, cash, accounts payables, financials, borrowing base calculations and collateral monitoring.  We can tailor exam scopes to meet your needs.

In addition to the traditional review of collateral, we are well versed in out of the box testing including AR credit insurance testing, unbilled receivables review, royalty analysis, intercompany profit review, expiration date testing, open order testing, equipment / fleet related testing and subcontractor analysis.

With decades of experience between the owners, we have performed asset based lending field exams for a variety of clients including international banks, national banks, regional banks and private firms that offer ABL.  We have experience in dealing with a wide range of deal sizes (from $1MM - $1B+) and the accompanying complexities and quality of books associated with them.

We deal with multiple templates and are able to handle the needs of your template whether it is Excel based or based on a specialized program.  If you have no internal template, we can utilize our in-house developed template.