Fraud ≠ Write-off 

When an asset based lender discovered a borrower was inflating its borrowing base values, the lender retained Brandlin & Associates to conduct due diligence so a strategy could be developed. Specifically, the lender needed to know if the borrower, which was suffering from operating losses and tight liquidity, could operate profitability based on management’s financial forecast. 

B&A’s in-depth analysis included assessing the reasonableness of forecast assumptions based on actual results, and vetting the 13-week cash flow forecast and collateral roll-forward.