Asset-based loans (ABL), secured by assets of a company including inventory and receivables, are an alternative to traditional loans for companies with substantial liquid assets. At Louis Plung & Company, our auditors provide ABL lenders with an independent assessment of the collateral that they’re lending against. We perform field examinations on site at the borrower’s location based on the terms and conditions of the financing agreement between the lender and the borrower.  Our collateral verification & valuation services also include: revenue recognition and billing policy review, collection trend analysis, accounts receivable aging, subsidiary ledger due diligence, and confirmation of outstanding receivable balances.