Welcome to the November issue of ACM Capital Partners’ Value Line newsletter. In this edition, we highlight ACM’s new service offering of field examinations for ABL and traditional lenders as well as a forensic engagement. But most importantly, we wish all of our readers a healthy and happy holiday season and a safe and prosperous New Year!
ACM EXPANDS ITS FIELD EXAMINATIONS FOR TRADITIONAL LENDERS
Leveraging its deep cadre of banking talent, the firm has expanded its field examinations for banks, mezzanine lenders and other creditors. This natural extension has proven seamless for our professionals as well as our clients. Many field examiners today work independently. There is little or no support made available to these professionals and consequently, we have witnessed key underwriting areas overlooked or not thoroughly vetted. Further, many of our examiners and field support personnel have worked on both sides of the ledger, which affords our clients’ with greater visibility and feedback.
“This field work is critical to our clients today more than ever,” said Jim Martin, ACM’s Managing Partner. “We have 120 years of banking and credit underwriting experience among the professionals we utilize for these projects.” With a competitive fee structure, our seasoned professionals deploy a meticulous examination period followed by a concise and informative reporting package.
ACM COMMENCES NEW FORENSIC ASSIGNMENT
The firm has started a new forensic accounting assignment for a client in the Southeast. There was an abrupt change in management followed by a series of questionable discoveries. This prompted the company to reach out for assistance to determine if there were illegal acts including misappropriation of funds.
“This case is very similar to one that we successfully completed in late 2013,” said Martin. The work is arduous but necessary to determine the extent of the exposure to the client and potential remedies available.