Diligence Services provided by NHBS LLP is a fact finding exercise. It refers to the process of analysing data, documents, process, compliances, records, existence check of assets, individuals, establishment, etc of business to unearth major or potential delinquencies & provide observation report on real time basis which enables decision maker to take an informed decision.
NHBS LLP can assist in evaluation of financial, non-financial data & process for an organization (Bank, NBFC, FMCG, MSME) that are contemplating investments, funding, monitoring, enhancing the productivity, require testing of existing processes, portfolio buy/sell, mystery shopping, seeking registration in foreign countries, etc.
Our USP is reach, having presence in most of the cities in India & Dubai, Assessment capabilities & Knowledge of experienced professionals which enables us to provide better services to our clients. Part of our Value Added Services, we provide Early Warning Signals (EWS), an Analytical procedure which builds understanding of business & changes in its environment to identify potential risk areas for risk mitigation.
Financial & Non-financial Due Diligence
Diligence for: Portfolio Buy/Sale Out, Existence Verification
Know-Your-Customer checks, Personal discussion, Document verification & Execution
Business and financial health assessment
Collection of documents
Periodic monitoring of Stock & Book Debts
Dealers Funding Audit for Verification of assets funded
Invoice & Bill Discounting Audit
Repossessed Asset Verification
End use of Fund & Project Financing Audit
Educating & Obtaining Statements from borrower as required by Lender
Performing Due Diligence enabling Lender to take a call on funding
Executing documents part of sanction terms & covenants
Calculating Drawing Power, conducting Inspections & Stock Audit
Evaluating & Rating the borrower and providing scores for Risk Mitigation
Process & Transaction testing in compliance with regulatory requirements.
Ensuring Compliance towards eligibility, KYC, Income to Loan, rating of borrower, condition & title of asset, etc as per terms & condition of Company Policy & Procedure.
Existence Verification of Primary & Collateral Assets
Evaluating & Rating the borrower and providing scores for Risk Mitigation
The audit report (Diligence, stock audit, inventory funding, etc) provides audit observation which are evaluated on predefine Parameters.
Financial & non-financial information are evaluated on certain criteria and Scores are provided for evaluation
The scale of risk & percentage of achievement is calculated & risk mitigation measures are recommended.
Testing of Process & Transaction in compliance with Company Policy & Procedures
Process Study, Gap analysis & Recommendation for Process improvement
Implementation of Improved Process
Risk grading bench marking with the Industry standards
Minimize default rate in loan portfolio
Instill best practices on lending governance
Enhance decision making process
Enhance risk management & controls
Independent Opinion on client business & financial health
Independent reference & background check
Support growth & advice on managing existing venture
Effective in improving Turn Around Time
Maximising profit by reducing clients overheads
We conduct due diligences to provide value added information which puts our clients in a better position to negotiate, mitigate risk, conduct business analysis and decision making. We provide confidential, unbiased & real time due diligence report to meet client’s objective on the assignment.
We monitor the portfolio from induction of the applicant (potential borrower) till the date of its exit from the Bank. The process starts with educating the borrower on submission of the required documents in desired form & content, analysing the documents, enabling lender to take call for funding, calculating drawing power, monitoring the borrower by visiting regularly at its premises & collaborating evidences, sharing flash reports on observations that needs immediate attention of lender, providing regular inspection & EWS report for effective monitoring the borrower.
We visit business premises of target audience and authenticate the data by collaborating evidences, verifying the statements & documents, conducting physical verification of assets, testing Statutory compliances, verifying existence of business premises & promoters, ensuring KYC compliances, assessing customer/vendor, for establishing business going concern, movement of inventory, verifying of records, etc.
We provide Early Warning Signals (EWS) wherein evaluation of risk is done based on predefined parameters. The parameters are evaluated on certain criteria which are scored depending on positive, negative, critical & non critical observation in the diligence process. The EWS report provides level of risk for individual parameters as well as all the parameters considered together. We would also provide risk mitigation measures for different level of risk.
The NHBS LLP is our first pan-India channel partner for conducting due diligence on client ledgers. Since then NHBS LLP has become our growth partner, and as our business grows the relationship also grows stronger. Our company being a start-up firm is growing with a rapid pace with prudent credit risk practices, and feels support from the NHBS LLP team is invaluable during this journey.
NHBS LLP has been providing us diligent third-party assurance services. We are quite satisfied with their work ethic, efficiency and more importantly, the timeliness of deliverable. There is, however always scope for improvement in quality, and NHBS LLP is proactive in keeping pace with our increasing focus on quality of reporting.
It our great pleasure to work with all your team members. The quality of Stock & Invoice audit reports is also fine. The TAT is also maintained good in current year. The entire team is cooperative & accessible whenever require. Looking forward for the same enthusiasm in year ahead.
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