Swift & Associates provides comprehensive due diligence field examinations designed to give lenders a clear, accurate, and timely assessment of a borrower’s collateral position. Our work focuses on evaluating the books and records of both existing borrowers and prospective credit applicants, with an emphasis on identifying risks that may impact the lender’s secured position.
We verify the availability, accuracy, and reporting of collateral while assessing compliance with the terms of the credit facility, including borrowing base certificates, reporting requirements, and loan covenants. Our examiners analyze trends, variances, and operational practices that may affect collateral values and identify areas where controls, processes, or documentation may require improvement.
Swift & Associates performs collateral field examinations for several regionally recognized lenders across a broad range of industries. Our firm is supported by an experienced team of examiners who bring a high level of technical expertise, analytical skill, and industry knowledge to each engagement.
Experience That Adds Value
What distinguishes Swift & Associates is the depth of real-world lending experience behind our examination team. In addition to years of field examination experience, our examiners have held roles within:
- Asset-Based Lending groups
- Commercial Lending divisions
- Equipment Finance
- Credit administration and loan monitoring functions
This background gives our team first-hand insight into the priorities, expectations, and regulatory considerations of financial institutions. We understand the information lenders need to make informed credit decisions—and we tailor our examinations to provide clear, actionable findings that help protect the lender’s collateral and strengthen ongoing credit oversight.
Our Approach
- Risk-based examination planning focusing on areas that may materially affect collateral
- Detailed testing procedures designed to validate the accuracy of collateral reporting
- Industry-specific analysis for inventory, receivables, and specialized collateral types
- Clear, concise reporting that highlights issues, trends, and recommendations
- Open communication with both lender and borrower throughout the process
Swift & Associates is committed to delivering high-quality examinations that support prudent lending decisions and promote transparency between borrowers and lenders.