Welcome to Freed Maxick ABL Services

Freed Maxick ABL Services is one of the nation's largest providers of ABL field exam outsourcing services to asset-based lending and other financial institutions that have granted loans, increased credit lines, reduced credit lines, or reduced loan loss exposure. Our objective is to assist lenders in evaluating the integrity of their customers’ collateral by performing pre-loan surveys and rotational collateral monitoring field examinations. We have also helped provide direction for an orderly liquidation of operations.

Our service is designed to help supplement your asset-based lending department with high level expertise and manpower on short-term notice, so as to assist the lender in protecting its assets and collateral. Communication is maintained with the lender throughout all phases of the fieldwork. We have ABL Field Examiners with extensive experience and industry exposure. 

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Our Approach

The information gathering techniques we employ are designed to generate comments and recommendations relating to the company’s procedures and reporting a loan before it is granted. Once a facility is closed or when concerns with current customer loans arise, we can be involved in performing collateral monitoring and operational reviews with immediate response time.

As part of our services, we also try to provide the lender with a greater degree of knowledge and awareness regarding an existing loan as well as a complete evaluation of the collateral. Our field examinations are performed in accordance with the procedures requested by the lender. While our exams generally discuss various aspects of the business, the primary focus of the exam is on the quality of the underlying accounts receivable and inventory.

These assignments are conducted in accordance with procedures agreed-upon with the lender prior to commencement and we offer suggestions on procedures we consider necessary or appropriate in the circumstances. Only our professional staff, who are experienced in this type of specialty engagement and possess a wide range of industry expertise, will conduct these field examinations.

Our services are tailored to meet a lender’s specific needs and we can service your customers at any location. We will utilize a lender’s audit program and report form as requested. If a lender does not have an internally developed program, we will work with the institution to provide an appropriate audit format and issue a report that will fit management’s requirements. We are totally automated in our process.

Freed Maxick ABL Services is staffed by full-time quality trained ABL field examiners. Our company was established in recognition of outsourcing requirements of the commercial finance industry and has become one of the largest providers of this specialty service in the nation. We perform in excess of 1000 field examinations annually.

Freed Maxick ABL Services
800 Liberty Building
Buffalo, NY 14202
Toll Free 1-800-777-4885
Phone: 716-847-2651
Fax: 716-847-0309

Howard A. Rein President	Michael A Boeheim Director	David K. Hanley Director