Asset-Based Collateral Examinations can be tailored to your specific needs.

 

Beginning in 1997,

Mr. Stark organized PPM Finance, a 15-member team that originated a portfolio of

>40 Asset-Based Loans and Debtor in Possession Loans, with commitments of >$1.5 billion and outstandings

of >$700 million.  He established marketing

offices in Chicago, Baltimore and Philadelphia.  Average credit quality of the portfolio was BB+ with average yield

of >11%.

ABL Field Exams

Water Tower Capital performs complex ABL Field Examinations in accordance with agreed-upon procedures as requested, enabling lenders to make significant credit decisions for both commercial and asset based loans.

 

A field examination includes inspection of a client’s books and records and asset value testing focusing on any assets pledged as collateral support for a lending facility. 

 

Our field examinations span a variety of industries including manufacturing, distribution and service companies. 

 

 

 

 

 

 

 

Water Tower Capital

Field Exams services include:

 

 

New Business Field Examination or Survey Examination

 

Takedown Field Examination or Pre-Funding Examination

 

Recurring Examinations

 

Physical Inventory Test Counts

CAPITAL MARKET SOLUTIONS FOR MIDDLE MARKET COMPANIES

Water Tower Capital, LLC     N30 W29393 Hillcrest Drive,  Pewaukee, WI  53072

 312.593.4450           john@watertowercapital.com           © 2003 Water Tower Capital LLC