Portfolio Assessments

At Haversine, we don’t just finance commercial finance platforms, we can also provide assessments. Our Portfolio Assessments go beyond standard collateral field exams by diving deep into your operational processes, risk management practices, and industry positioning. This service is designed to provide actionable recommendations that strengthen your foundation, mitigate risks, and prepare your organization for future growth.

‍

What Sets Us Apart

Our approach focuses on the broader platform, benchmarking your policies, practices, and processes against industry standards to help you uncover blind spots, identify risks, and implement strategic improvements.

‍

What’s Included in our Haversine Insights Report:

• Insights Overview: A high-level summary of strengths, opportunities, and recommendations for improvement.
• Policy and Process Evaluation: Detailed review of internal processes for underwriting, collections, and client monitoring.
• Industry Benchmarking: A comparison of your performance, concentration, and compliance metrics against industry standards.
• Strengths and Weaknesses: Highlighting what works and identifying areas that require attention or improvement.
• Accounts Receivable Aging and Concentration Analysis: In-depth examination of portfolio composition, trends, and concentration risks.
• Underwriting and Risk Management Review: Ensuring robust underwriting practices and flagging potential vulnerabilities in the client lifecycle.
• Fraud and Compliance Analysis: Evaluating processes to identify gaps and reduce fraud risk.
• IT and Security Overview: Summary assessment of the technology infrastructure safeguarding your operations and data.
• Remittance, Verification, and Notification Practices: Reviewing how client notifications, confirmations, and collections align with best practices (factoring focus).
• Exit Interview & Key Recommendations: Discussing findings and strategies for implementing meaningful changes.

‍

Our Process

• Tailored to Your Needs: The scope is customized to your portfolio size, client base, and operational goals.
• Thorough Analysis: We focus on policies, procedures, and practices, identifying not just portfolio risks but also operational and strategic gaps.
• Industry Expertise: Our benchmarks are informed by years of experience in factoring, ABL, and specialty finance.

‍

Efficient Turnaround & Pricing

• Turnaround Time: Typically, we complete the analysis and reporting generally within two to three weeks, ensuring actionable feedback in a timely manner.
• Pricing: Pricing depends on portfolio size and complexity, typically ranging from $15,000 to $30,000 for portfolios up to $50 million.

‍

Who Should Consider This Service?

• Factoring and ABL firms seeking to improve processes and reduce operational risks.
• Companies preparing for growth or external evaluations.
• Groups looking to align practices with industry benchmarks and best practices.
• Organizations undergoing strategic shifts or management changes.

‍

Why Haversine Funding?

We combine industry-leading expertise in factoring and ABL with a focus on actionable insights. Our unique approach ensures you’re not just meeting compliance requirements but driving meaningful improvements in your operations and risk management practices.