Extending its journey in the realm of providing professional services to banks and other financial institutions, CEIS Review Inc has now come up with another of its ambitious services – Loan Review.
The company which was set up in 1989 is not affiliated with any accounting firm or bank holding company. At the heart of its entire system lies independent loan review service. The company also offers services related to allowance for loan and lease losses, ALLL Methodology and Validation among others.
In its statement, the company emphasizes the credibility and the authenticity of its services on the grounds of having some of the best minds on the board. CEIS loan review programs are the results of relentless and passionate work done by the seasoned senior lenders who have worked in the industry on top positions. The markets they were associated with include regional banks, community banks, and commercial finance companies.
Features of the program:
• Customized and software assisted programs
• Review over a year of almost 75% of the client’s average outstanding loans and letters of credit
• Reviews are divided into stipulated intervals
• The scheduled review includes data update and remarks
• Review of newly criticized or classified loans, delinquencies, non-accruals
Our executives also review restructured transactions, new and renewed commitments since the last review.
Benefits of the program:
• Adequacy of the allowance for loan and lease losses gets tested
• Information regarding organization’s lending policies and procedures and overall lending process gets registered
What makes CEIS stand out among its rivals is that it is not just satisfied with the study and review of documents. It does allocate resources to even carry out and complete on-site review without any delay. In order to make the clients comfortable, a prior e-mail is sent requesting the necessary general and specific information.
Certain information has been asked prior whereas some other is requested to make available on arrival of our executives. Our review begins with criticized and classified loans, to remaining delinquent and non-accrual accounts and lastly to other accounts.
The benefit of on-site review is that it makes it possible for our executives to communicate orally and in person. This then gives chance to discuss things over the table and take view of the observations together. After the entire process, the final report needs to be completed within four weeks of completing the on-site review.
The company which was set up in 1989 is not affiliated with any accounting firm or bank holding company. At the heart of its entire system lies independent loan review service. The company also offers services related to allowance for loan and lease losses, ALLL Methodology and Validation among others.
In its statement, the company emphasizes the credibility and the authenticity of its services on the grounds of having some of the best minds on the board. CEIS loan review programs are the results of relentless and passionate work done by the seasoned senior lenders who have worked in the industry on top positions. The markets they were associated with include regional banks, community banks, and commercial finance companies.
Features of the program:
• Customized and software assisted programs
• Review over a year of almost 75% of the client’s average outstanding loans and letters of credit
• Reviews are divided into stipulated intervals
• The scheduled review includes data update and remarks
• Review of newly criticized or classified loans, delinquencies, non-accruals
Our executives also review restructured transactions, new and renewed commitments since the last review.
Benefits of the program:
• Adequacy of the allowance for loan and lease losses gets tested
• Information regarding organization’s lending policies and procedures and overall lending process gets registered
What makes CEIS stand out among its rivals is that it is not just satisfied with the study and review of documents. It does allocate resources to even carry out and complete on-site review without any delay. In order to make the clients comfortable, a prior e-mail is sent requesting the necessary general and specific information.
Certain information has been asked prior whereas some other is requested to make available on arrival of our executives. Our review begins with criticized and classified loans, to remaining delinquent and non-accrual accounts and lastly to other accounts.
The benefit of on-site review is that it makes it possible for our executives to communicate orally and in person. This then gives chance to discuss things over the table and take view of the observations together. After the entire process, the final report needs to be completed within four weeks of completing the on-site review.
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