Advantage of utilizing MSC’s
Pre-Audit services:
MSC created a niche enabling lenders to expedite the field
exam and increase the success rate of the loan approval process.
These are prospects that the lender believes are viable customers
but would fall short of obtaining credit approval due to
certain deficiencies in back office, systems and supporting
documentation.
MSC has demonstrated a success rate in improving the prospect’s
infrastructure in the following:
- Improving overall documentation and internal control
- Developing
shipping controls and support documentation
- Updating books
and records and proper monthly cutoffs
- Bring current
reconciliations, bank accounts, lenders statements, accounts
receivable and accounts payable
- Provide inventory costing
and margin analysis
- Performed mock audits prior to the
start of the lender’s
own field exam
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