Field Exam / Field Audit
An on-site review of a borrower’s collateral (receivables, inventory, records) conducted by or on behalf of the lender to verify asset values and quality.
AI for Asset-Based Lenders← View full glossary
An on-site review of a borrower’s collateral (receivables, inventory, records) conducted by or on behalf of the lender to verify asset values and quality.
AI for Asset-Based Lenders