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
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
Physical Inventory Test Counts