Taamul Credit Review Service provides field examinations, due diligence, workout assistance, investigative services and internal audit services for banks, independent finance companies and investment funds; we deliver timely, customized reporting that meets the needs and specifications of our clients.
Taamul credit review service performs all field examination services in accordance with agreed-upon procedures as requested by a lender. 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.
New Business Field Examination or Survey Examination
Takedown Field Examination or Pre-Funding Examination
Recurring Examinations
Physical Inventory Test Counts
For a lender seeking a hybrid product between a Businessman’s Review and Field Examination, perhaps for a lightly monitored credit, Taamul Credit Review Service offers a Borrower’s Quality Assessment. Our professional's will meet with management, review financial statements and projections and perform limited authenticity testing of collateral and underlying financial records. When relying on forward looking projections, a lender needs to be certain that a borrower is able to service its debt at an acceptable coverage ratio.
Our professionals have experience in commercial lending, including asset based and cash flow lending, and in managing businesses which are experiencing operational or financial challenges. They know how to spot “red flags” which could impact a borrower’s financial performance and ability to generate consistent, reliable cash flow and to distinguish between highly functioning management teams and poor performers. For a borrower which provides reviewed, complied or internally prepared financial statements, the Borrower’s Quality Assessment upgrades the quality of information to support sound credit decisions.
At Taamul Credit Review Service, we work with lenders who are underwriting new loans or loan renewals, knowing that they need to have an understanding of the operational and financial condition of a borrower to make sound lending decisions.
During a Businessman’s Review, our professional will meet with a borrower’s management team to discuss each functional area of the business including sales and marketing, operations, finance, organizational structure, and if appropriate inventory control. During this meeting, the professional will ask questions to determine if the management team is effectively running the business rather than operating the business in a crisis mode. The management team should be monitoring key levers which affect cash flow and profitability as well as measuring the company’s performance against industry peers or benchmarks.
The Businessman’s Review is often used when a lender needs to improve or confirm their understanding of a borrower’s business.
At Taamul credit review service, we know that some companies find creative ways to report earnings, or worse, fail to properly record losses or expenses when preparing financial statements. For lenders to rely on operating cash flow and EBITDA figures, they must have a thorough understanding of their customers accounting procedures as well as their method for documenting changes in revenues, expenses, and balance sheet accounts.
Taamul credit review service provides quality of earnings review services to lenders who offer products ranging from fully secured and cash flow term loans to subordinated loans and equity investments. Our team of professionals asks the difficult questions to gain an understanding of the client’s accounting processes and tests the strength of the client’s balance sheet and quality of earnings.
Taamul credit review service helps lenders with customers who are in default or showing signs of financial weakness. Knowing that any delay is potentially costly, our team of experienced professionals will quickly determine collateral sufficiency or available cash flow for loan repayment. Our efficient and cost-effective solutions include ongoing support to special assets managers and workout officers overseeing the restructuring or liquidation of the lender’s customer.
Taamul Credit Review Service assists lenders with borrowers who have violated lending agreements, intentionally misrepresented collateral values, or misstated their financial performance, resulting in a loss of trust between a lender and borrower. Our efficient and cost-effective solutions include ongoing support to account executives managing troubled credits.
Taamul credit review service provides collateral monitoring services for lenders on a daily, weekly or monthly basis. Whether it is a complex deal requiring extra monitoring time, or an entire portfolio, Taamul credit service can assist.
Prior to funding, our team of professionals works with borrowers and lenders to set up necessary arrangements including lockbox accounts, bank account access, and reporting. NAAS then uses an established process for reporting the collateral loan status.
Taamul credit provides services on an as needed basis throughout each phase of a securitization or structured finance transaction. Our pre-issuance services enhance efficiency and mitigate risks allowing our customers to focus on deal origination and execution.
Post issuance due diligence services include verifying the accuracy of ongoing reporting to investors including testing the underlying cash flow disbursements, pooling and servicing agreement compliance, trigger event monitoring, and review of ongoing portfolio stratification data.
Taamul credit review service provides a variety of due diligence services for Lenders which provide revolving lines of credit, warehouse facilities, acquisition lines and bridge or special accommodation financing to specialty commercial finance companies. Our professionals have experience analyzing loan and lease receivables, commercial revolving credit notes, short and intermediate-term commercial notes from:
Asset Based Lenders
Distressed Debt Purchasers
Equipment Leasing Providers
Tax Lien Investors
Independent SBA Lenders
Insurance Premium Finance Companies
Real Estate Investment Trusts
Other Specialty Finance Companies
When you work with us, you’ll find that we offer a combination of resources and expertise that isn’t available anywhere else.
