Why Independent Field Exams Add Value for Lenders

By Brian Smith, Co-Founder and Managing Partner

Independence is one of the most valuable aspects of an effective field exam. An independent examiner brings objectivity, technical expertise, and credibility that internal reviews often can’t match.

What Makes Independent Exams Different?

LCG operates as a third-party partner, evaluating collateral, financial controls, and reporting accuracy without bias. This independence ensures findings are credible with internal credit committees, regulators, and investors.

Benefits of Using a Third-Party Examiner

  • Unbiased reporting that increases transparency
  • Industry perspective from hundreds of borrower engagements
  • Enhanced compliance with regulatory and audit standards
  • Scalable support for portfolio growth and seasonal workloads

Why Lenders Choose LCG Advisors

Our team combines decades of lending and audit experience, producing reports that are detailed, consistent, and decision-focused. We adapt scope and timing to fit the lender’s risk profile and borrower size.

Conclusion

Independent exams deliver confidence, not just compliance. LCG helps strengthen the lender–borrower relationship through clarity, credibility, and precision.


For independent field exam solutions, contact Tiffany Grant at [email protected].