Can't see the forest for the trees.

if you're like most lending professionals, it's hard to find the time to take a big picture look at your operating procedures. Unfortunately, this can be costly in terms of productivity, missed opportunities, and staff morale. Lack of time is no longer a reason to keep you and your staff from working as efficiently and effectively as possible. Now, a leading professional in the commercial lending industry is available to analyze your business practices and procedures, and prevent potentially costly business mistakes.

On-Site Audit Program.

Robert A. Zadek, of the Lenders' Podium and the San Francisco office of Buchalter, Nemer, Fields and Younger, is offering a comprehensive one-day, on-site audit of your legal, credit and back office operations. His keen insight will provide you and your staff with practical and proven methods and effective solutions for the business challenges you face.

Here's what you get:

The 10-hour on-site evaluation includes a legal analysis of all key forms, including:

• Factoring agreement
• UCC filing
• Notification letters and any legends affixed to clients' invoices
• Setoff waiver letters
• Intercreditor agreements
• Participation agreements

Analysis of back office procedures relating to:

• UCC filing
• Monitoring for charges in the borrower:
  • Address
  • Name
  • Form of business organization
  • Federal tax liens

• Monitoring and dunning of past due account debtors
• Reviewing checks for third-party payors and other possible fraud issues

Review of lock box agreement.

Initial due diligence covering:

• Ownership of assets
• Lien searches
• Form of business organization
• Suit and judgements

Review of your funding sources and suggestions for new funding sources.

Verification of invoices:

• Use of invoice acknowledgements
• Use of setoff waiver letters
• Proof of delivery of goods or services

Determination of credit availability.

A comprehensive written report detailing all findings within two weeks.

Assistance in implementing specific recommendations, including unlimited phone consultations to answer questions regarding audit findings, for 45 days.

Here's what is costs:

$7,500 (in 3 monthly payments of $2,500) plus out-of-pocket expenses.
Optional annual updates for only $2,000 per year for a 3-year period.

Here's what you do:

Simply call 1-888-FIN-WORD (346-9673)  or email us at info@lenderspodium.com for more information, or to set the date for your audit.