Tower       Inventory Management Solutions For Asset Based Lenders and Banks

 

 

Field Exams and Audits  

Tower performs physical site inspections for the purpose of completing physical inventory’s of the stocks and goods located in the subject businesses warehouse(s).  Tower tracks periodic changes in the quantity and quality of the subject inventory goods in order to attempt to spot changes in inventory status which may represent changes to Lender’s secured position. Based on the results of the survey, Tower works with the Lender and borrower to refine the scope and format of the weekly Borrowing Base Certificate used by customer to report to Lender. During our field examinations, Tower identifies key operational employees and designates them as” Agents of Tower”. Going forward, it is these agents who provide Tower with ongoing data and intelligence on the subject businesses.