WHO WE ARE

The team at Asset Based Audit Consultants has more than 100 years of experience in the field exam and commercial lending space. ABAC offers on-site field exams, remote field exams, inventory inspections, machinery and equipment validations, survey field exams, recurring field exams, and distressed monitoring and turnaround consulting to distressed borrowers.

W. Edwin Small is a serial entrepreneur, having started multiple companies dating back to 1999, including an outsource field examination firm, a specialty finance company, and a commercial loan broker. Along with Mr. Small, ABAC’s team is well positioned to service your due diligence needs with a unique ability to look at every transaction as a lender first, but also maintaining a forensic audit mindset when evaluating the collateral risk of the borrower.

On-Site Field Exams

Remote Field Exams

Inventory Inspections

Machinery & Equipment Validations

Survey Field Exams

Recurring Field Exams

WHO WE SERVE

ABAC is proud to provide industry-leading services to regional banks, asset-based lenders, factors, and specialty lenders. In addition to traditional field exam work, the ABAC team is well-positioned for distressed client monitoring and turnaround consulting.

Commercial lenders with exposure between $500,000 and $20,000,000 are ideal candidates for third-party field exams. Whether the risk profile of the borrower has recently elevated or the lenders credit requires third-party monitoring, the team at ABAC is available to serve your collateral monitoring requirements.


TRADITIONAL BANKS

Commercial lending relationships with collateral pledge of accounts receivable, inventory, or equipment

Credit Facility:
$1,000,000 - $20,000,000


ASSET BASED LENDING

Work out, recurring, and survey field exams

Credit Facility:
$250,000 - $20,000,000


FACTORING BUSINESSES

Workout, recurring, and survey field exams

Credit Facility:
$250,000 - $5,000,000


SPECIALTY LENDERS

Inventory field exams and machinery & equipment inspections

Credit Facility:
$500,000 - $5,000,000

WHAT WE DO

As a full-service field exam service company, the combined experience of our team ensures that you’ll have trust and confidence in every engagement. From the most simple accounts-receivable exam to a multi-company examination, our team is ready to service your collateral audit requirements.

Traditional Field Service Exam Services:

  • On-Site Field Exams

  • Remote Field Exams

  • Inventory Inspections

  • Machinery & Equipment Inspections

Audit Blitz:

  • Flat-fee pricing

  • Collateral Validation

  • On-Site Verifications

  • Focused Scope on Core Due Diligence Disciplines

Work-Out Loans:

  • Distressed Collateral Monitoring

  • Turnaround Consulting

  • Work-Out and Exit Credit Restructuring