EXCON
Collateral Management Services
EXCON Collateral Management Services are intended for the review
of financed assets owned as collateral security by the client or
of leased assets at the point of sale. Our reviews focus on predefined
criteria designed, for example, for examining and documenting the
reliability and transparency of commercial borrowers and lessees.
Thanks to the modular structure of this comprehensive review
concept, our clients can choose between a wide range of options
and select the modules ensuring complete control and transparency.
The list of risks is long. Here are just a few of them involving
high costs: sales abroad without license, designation of cars that
have already been sold as demonstrators, use of new cars as demonstrators,
manipulated appraisal of used cars, removal and sale of high-class
equipment items etc.
Your credit risk will be permanently lowered by the active and
preventive risk management implemented by our Collateral Management
Services. The widely varying audit situations are crucial for success,
because their "surprise effect" prevents borrowers and
lessees from preparing themselves for audits. As part of the audits,
liquidity problems and organizational weaknesses can be completely
identified. Normally, the "educational effect" achieved
will quickly cause the defaulting borrowers or lessees to discontinue
their nonconforming behavior so that the customer relationship
is remedied. |