As lenders are considering ABL line renewals and reviewing appraisals and field exams, it may be time to take a second look at inventory.  Over the past year, FMG has seen some recurring themes related to inventory. Inventory Aging Data It is easy for borrowers to provide inventory aging reports in a similar format to accounts receivable and accounts payable aging reports.  Look at those reports by inventory category – raw materials, WIP, and finished goods.  WIP inventory sh

Evaluating the 2026 forecasts will have some unique challenges both lenders and borrowers need to be considering.  Let’s outline some of the topics that lenders should be adding to their traditional reviews and questions when talking with borrowers about the 2026 forecast. The first discussion topic to add is the One Big Beautiful Bill (“OBBB”) impact.  Lenders do not need to become experts on the OBBB, but they do need to be aware of major areas of change that would impact f

Lenders are awaiting third quarter results from their borrowers and also anticipating receipt of the 2026 forecasts.  These financial reports will be important for the next round of line of credit renewals, and extensions of term debt.  As we discuss financial performance with lenders across the country, it is clear there are increasing levels of performance concerns. Looking at bankruptcy filing statistics, it is obvious there is reason for concern.  Bankruptcy Watch publish

The last time there was this much discussion about LIFO inventory it was the 1980’s and the country had experienced a period of high...

The first articles Focus Management Group has posted this new year 2025 focused on KPIs, budget to actual reporting, and tracking interim...

In addition to the work Focus Management Group does in the financial advisory, bankruptcy, receivership, expert witness/expert testimony,...

Now that the January 20, 2025 due date for financial reporting has come and gone, companies with calendar year ends will be submitting...

With the new year underway, it is time for lenders and their borrowers to think about ways to quickly measure performance and identify...

Last week the focus was on Key Performance Indicators (KPIs) as an early tracking and measurement tool to improve the likelihood of...

One of our own, Juanita Schwartzkopf, was recently featured in the December issue of the Journal of Corporate Renewal (JCR) recognizing...