We are uniquely positioned to deliver comprehensive due diligence services that assist in accurately assessing an asset’s financial health and determining the quality of the tenant base.
We will help you assess risk as well as the likelihood of the income stream continuing from the property. We will also gauge the underlying quality of the tenant base of any property.
Adding a Quality Credit Acquisition Report to the due diligence process when purchasing an existing property removes the uncertainty from decisions made to analyze the cost benefit of an acquisition.
Acquisition Due Diligence Report Features
Current Corporate Status: Is the corporate name on the lease correct? Has it changed due to a name change or amalgamation?Determine whether the corporate entity is currently active and in good standing with Companies Branch and Corporate Tax Branch and whether the business is legally registered in the jurisdiction in which it conducts business.
Information on current secured Creditors, Borrowing and Lease Facilities: The tenant’s secure creditors, borrowing facilities operated by the tenant including credit line, term loans, lease facilities, chattel mortgages, conditional sales agreements and assignment of book debts and rents, the type of security with collateral descriptions and tax liens or judgments
Collection, Legal Action, Judgment and Bankruptcy History: History of collection actions and applicable disposition, history of legal actions launched by and against the tenant, the legal specifics regarding the cause of action, amounts of actions, judgments and disposition
Commercial Payment History and Historical Data: The tenant’s payment history including a summary, list of trade items and payment trends over the past several years, patterns in financial stability over a period of time. Use of the significant property management database owned by Quality Credit to reveal further historical data on tenant
Corporate Locations/Afﬁliations Possible Assets: Other corporate offices, locations or franchises, business affiliations, amalgamations and subsidiaries, real and personal property ownership
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