Field Examination

Collateral Monitoring

Durkin Group 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, Durkin Group 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. Durkin Group then uses an established process for reporting the collateral loan status. This includes:

  • Review of all downloaded deposit information and reporting (daily and weekly) from lockbox bank.
  • Analysis of accounts receivable agings and inventory reports; ineligibles are also computed.
  • Data entry into the collateral tracking system.
  • Periodic collateral loan status reports as well as a customized monthly report packages designed to satisfy the lender’s specific needs.

To learn more about Durkin Group’s collateral monitoring services, see Engagements.