We are the Mattson Group
Founded in 2007, The Mattson Group specializes in providing outsourced collateral examination services to asset-based lenders and commercial bankers throughout the United States. Our collateral examination expertise provides our clients with a quality analysis of accounts receivable and inventory to enable them to make sound credit decisions. Whether our clients need a pre-funding survey or an updated collateral examination, we pride ourselves on delivering a quality product.
Each member of the Mattson Group has 15+ years of extensive collateral evaluation experience and knowledge of a wide range of industries. With our professional backgrounds in asset-based lending, our senior team members can assist with underwriting, identify collateral and financial reporting issues, and thus recommend solutions. All of our examiners are employees. We do not work with outside consultants or contract employees. To further ensure a quality exam, we rotate our internal examiners and each are high performing industry experts.
Mattson Group President and Founder, Paul Mattson, has over 20 years of asset based lending and collateral examination experience. Prior to founding the Mattson Group, Paul was in a senior leadership role with an Upper Midwest asset based lending firm and employed by Wells Fargo Business Credit. A graduate of Saint John’s University in 1994, Paul resides in Atlanta, GA with his wife and two children.
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With locations in San Francisco and Los Angeles, CA; Atlanta, GA; and Minneapolis, MN, Mattson Group offers quality collateral examination services to asset-based leaders and commercial banks nationwide.
Collateral Examinations
A collateral examination or field examination is an analysis and written evaluation of a borrower’s collateral, focused primarily on accounts receivable and inventory. As financial institutions obtain real ezstate and equipment appraisals to support term loans, collateral exams are obtained to evaluate the borrower’s accounts receivable, inventory, internal processes, and procedures.
Banks and asset-based lenders rely on this examination to ensure that sufficient and authentic collateral is in place to support the proposed or existing loan. In addition, the examination assists the lender in understanding the collateral and any risks or other issues that might be associated with the pledged assets. Bank regulators see collateral exams as an integral tool in monitoring accounts receivable and inventory financing. They are a standard way to confirm the quality of the borrower’s financial data, collateral, internal controls and the borrower’s ability to report accurate data to their financial institution.
The exam can take between 1 and 5 days to complete and assists with recommending advance rates as well as identifying the strengths and weakness of the underlying collateral. With a completed collateral examination, banks will have the necessary information to make a sound credit decision.
Contact Us
Mattson Group provide outsourced collateral examination services to asset-based leaders and commercial banks nationwide. Contact us for quality, professional, and efficient exam services.