ABL Audit

An ABL (Asset-Based Lending) audit is a review process where financial professionals examine a company's assets—such as inventory, receivables, and equipment—to ensure they are sufficient and accurately valued to support a loan. This audit helps lenders verify that the collateral backing the loan is adequate, identify potential risks, and ensure compliance with lending terms. Essentially, it provides a clear picture of the borrower’s financial health and collateral worthiness, enabling informed lending decisions and reducing the lender’s risk of loss.