ABOUT ACE- Audit Control and Expertise Global – fourteen years PROTECTING CREDITORS.

The background and history of company

Established in 1996 ACE- Audit Control and Expertise Global (ACE) with the holding company registered in England. ACE is a specialized collateral control service firm that provides advisory and asset management to both trade creditors and commercial lenders with respect to protecting collateral assets using proprietary procedures and processes.

Some of the tools used in ACE’s possession-based collateral management date back to the late 19th century and some exploit minutiae in the present Uniform Commercial Code, Article 9 that governs secured transactions. The inventory control services often operate like a field warehousing or collateral management and ACE does issue negotiable or non negotiable warehouse receipts under UCC 7 or the applicable law of the respective countries, as well as contractually–based certificates or written evidence of inventory levels at a particular point in time under UCC 9, including consignments and purchase money security interests.

Since its establishment, ACE- Audit Control and Expertise Global have represented more than 186 lenders and trade suppliers in more than 362 transactions representing more than $3.5B in collateral turnover. Lenders or Trade Suppliers using ACE saw marked improvements in both credit growth and the preservation of their financially distressed customers.

In 1996 Ace- Audit Control and Expertise Global determined that its lender and supplier clients required more than an inspection, supervision and collateral management outlet to secure customers but also a value-added way to control collateral impairment risk.

Sensing opportunity, we formed ACE-Audit Control and Expertise SA and to create a full-service collateral control firm. It would monitor and control the full value chain, raw material or other durable goods for asset based lenders, but also specialize in Credit Support Inventory Services (CSIS), supplier consignments or credit-based, controlled stocking programs that substituted for floor–planning.

Unlike the old field warehouse firms or its newer collateral management successors, ACE –Audit control and Expertise Global intervened as Credit support in transitional or troubled situations on behalf of lenders or suppliers by providing hands–on asset management entailing continuous monitoring, reporting and certification services. It is this element that sets ACE apart from any of its peers then and now.

We have been Banker, Arranger, Trader, Collateral manager, and workout/turnaround specialists ; active in more than 152 client cases since 1996, covering a wide range of industries centered in Agri business, distribution, services, retail, manufacturing and banking.

To Day ACE has positioned itself as a hub providing high level, credit–based logistics and supply chain services; possession-based collateral Control including its own credit support management program: the enhance eeredit Collateral Control (e3c). It operates nationally, regionally and internationally through 28 ACE offices or 48 partners cultivated over 14 years. We have the capability to deploy up to a hundred credit support specialist both domestically or in select foreign markets. More information can be secured by calling: + 41 22 919 91 11.