What this is: It's Valentine's Day and you know what that means: We're all out there searching for that special someone to make us feel loved and secure. If you've been trying to figure out if your date is "the one," then you've probably already done a little due diligence to learn more about their overall character, trustworthiness and perhaps even their financial status to determine if you'd be a good match. It's really no different for a lender looking to ensure that a potential borrower is a good risk for them to pursue. What this means: Let's take a look at 7 types of searches that are important for lenders to keep in mind for a comprehensive due diligence strategy. Can you feel the love yet?
Cogency Global is a New York-based management consulting firm that provides services such as corporate compliance and transactional legal support for businesses.