Field Examination

Specialty Finance Services

Securitization and Structured Finance Transactions

The global credit crisis and illiquidity in the market has resulted in companies securitizing both performing and underperforming commercial asset pools in bankruptcy remote special purpose vehicles to access capital that would not readily be available outside these vehicles. Durkin Group’s professionals have loan origination, servicing and assessment of the quality of these underlying securitized assets.

Durkin Group 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. Services provided include:

  • Due diligence related to loans provided by lenders for the acquisition or investment in financial institutions for both performing and distressed commercial loan portfolios
  • Independent review of collateral data
  • Physical loan file due diligence and pool sampling
  • Verifying the ability of the issuer to provide ongoing data for periodic reporting and determining whether such reporting is in compliance with loan documentation

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.

Commercial Finance Company Transactions

Durkin Group 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
  • Factors
  • Independent SBA Lenders
  • Insurance Premium Finance Companies
  • Real Estate Investment Trusts
  • Tax Lien Investors
  • 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.

To learn more about Durkin Group’s specialty finance services, see Engagements.