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#403 Inspections, Field Visits
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• Depending on the Size of the Credit Relationship, Creditors Will Conduct Field Visits and Collateral Inspections, Say Over $500,000
• The Physical Inspection is Part of an Ongoing Due Diligence or Credit Risk Management Monitoring Process
• If the Collateral is Acceptable, 'Knowing' the Collateral, Its Use and Condition, May Help the Creditor in Understanding and Obtaining a More Appropriate and Accurate Valuation and Loan Structure
• IMPORTANCE TO YOU - Collateral is what it is. Relax
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