Mon Feb 8, 2021 | Alan Lefkowitz | Business, CFO Services, Field Examinations
Field Examination Services
Lending institutions in the United States know there are inherent risks involved with providing loans to businesses. Borrowers must also demonstrate that they are reliable enough for the institution to lend them money. They must show that they can supply collateral to a lender. Collateral is any asset or property that a consumer promises to a lender as a backup in exchange for a loan. This can sometimes be hard to demonstrate due to challenges, such as changing accounts receivable balances and inventory valuation or valuation of the company’s products or services.
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