As we kick off the new year, we’re thrilled to announce an innovative service line – Environmental Risk Management. Led by our newest team member Robert Boudet, Jr., our newest team member, who brings a wealth of expertise to further strengthen our commitment to minimizing environmental risk.
Environmental Risk Management: Mitigating Risks for Financial Success
In the dynamic landscape of commercial lending, Environmental Risk Management has become paramount. It’s not just about regulatory compliance; it’s about safeguarding financial investments and preserving reputations. Leaaf Environmental is proud to introduce comprehensive services designed to empower lenders in navigating these challenges.
Services Offered:
1. Desk Top Review (DTR):
– Preliminary assessment using available information, maps, and documentation.
– Environmental Professionals provide concise summaries and recommendations for a clear understanding.
2. Record Search with Risk Assessment (RSRA):
– Mandated by the Small Business Administration for loans over $250K.
– In-depth investigations include government database searches and borrower-prepared questionnaires.
3. Third-Party Report Review:
– Thorough evaluation of reports for compliance with industry standards.
– Enhances the credibility of data and recommendations.
4. Environmental Due Diligence:
– Transaction Screen, Phase I ESA, and specialty surveys.
– Identifying potential environmental conditions with comprehensive reports and recommendations.
5. Environmental Risk Management Team Training:
– Empowering loan officers, underwriters, and relationship managers with in-depth understanding of policies and procedures.
– Time-saving measures to mitigate potential environmental issues before closing.
Why Environmental Risk Management Matters:
– Mitigate financial, legal, and reputational risks.
– Ensure compliance with regulations.
– Protect portfolios and enhance credibility.
At Leaaf Environmental, we believe that proactive environmental risk management is a key ingredient to a risk-resilient future!