COLLATERAL AUDIT SERVICES

ACCOUNTS RECEIVABLE/PAYABLE VERIFICATION:

Single or recurring audits to validate contracts, invoices, or other receivables pledged as collateral for a credit facility. This may also include verification of  payments to suppliers and other vendors that impact loan covenants.

CLIENT/VENDOR VERIFICATION:

Validation of a business’s relationship with clients and vendors. This service is designed to provide protections for lenders and purchasers during a business acquisition diligence period. 

ENCUMBRANCE SEARCH:

County and State level search for personal or entity encumbrances such as judgements, bankruptcy filings, liens, and UCC filings.

BORROWING BASE & COVENANTS REVIEW:

Review of company financials and operations for adherence to loan covenants. This includes verification of the most recent borrowing base.

INVENTORY AUDIT:

Field audit to validate count, condition, location, age, and sales status of business inventory securing a credit facility. 

EQUIPMENT/MACHINERY AUDIT:

Location and condition reporting for machinery and equipment financed for industrial or commercial business operations.

Contact For Pricing


Industry Types

  • Retail
  • Wholesale
  • Manufacturing
  • Agribusiness
  • Industrial Services
  • Oil & Gas


Coverage Area

  • US Nationwide

Why OAK?

  • Competitive Pricing

Pricing tailored to your project size, budget, complexity, and type

  • Flexible

We adhere to your processes, documents, and preferred way of working

  • Thorough

We implement a multi-person review of material and communicate clearly with our clients to achieve their desired result

  • Fast

Most of our services are completed in 24 to 48 hours

  • Accurate

Every report is reviewed by experienced personnel and double-checked for accuracy