Industry Expertise

Secured Financing Business Solutions

Driving success with confidence

Empowering Business Growth

At Boyum Barenscheer, we recognize the dedication and enthusiasm that secured financing companies bring to their work. Just like you, we’re passionate about supporting your success, whether you’re launching your business, managing day-to-day operations, expanding your services, or preparing for future growth.

We Work With Companies Specializing In:

Factoring
Equipment Finance & Leasing

Meet Becky Gibbs

Becky Gibbs, head of our Audit Department and a Secured Financing specialist, understands the unique needs of secured finance companies and brings deep industry insight to help clients navigate complex regulatory environments with confidence.

Becky Gibbs

Becky Gibbs, CPA Audit Partner

Our Services

Boyum Barenscheer provides a comprehensive range of services tailored to the specific needs of companies in secured financing.

Financial Statement Preparation & Attest Services: We help secured financing companies prepare accurate financial statements in compliance with relevant accounting standards, attest services to provide assurance on the fairness and reliability of these financial statements.

Risk Management & Internal Controls: We can assist secured financing companies in evaluating and strengthening internal controls to mitigate risks associated with lending activities, credit risk, and operational processes.

Tax Planning & Compliance: Our tax planning services can help minimize tax liabilities for secured financing companies while ensuring compliance with tax laws and regulations.

Financial Analysis & Performance Measurement: Our experienced team can perform financial analysis to assess the performance and financial health of secured financing companies, providing valuable insights to support decision-making.

Due Diligence Service: When potential transactions such as mergers, acquisitions or partnership opportunities emerge, we can conduct due diligence procedures to assess the financial and operational aspects of the transactions, providing valuable insights to inform decision-making.

Valuation Services: Boyum Barenscheer offers valuation services to help secured financing companies determine the value of collateral assets, assess the fair value of financial instruments, and conduct business valuations as needed.

Consulting & Advisory Services: Our experienced professionals offer consulting and advisory services tailored to the specific needs of secured financing companies, including strategic planning, process improvement, and technology implementation to support business objectives and enhance operational efficiency.

By leveraging the expertise and specialized services offered by Boyum Barenscheer, secured financing companies can effectively manage their financial affairs, navigate regulatory requirements, and optimize their business performance.

Trade Associations

Secured Finance Network (SFNet)
International Factoring Association (IFA)

Video Library

The Importance of Audits for Factoring Companies

Audits ensure the accuracy of financial statements, building trust with stakeholders and identifying risks. They support informed decision-making for long-term success.

The Importance of Audits for Factoring Companies

Practical Accounting Practices for Companies That Use Factoring

Factoring improves cash flow, but accurate accounting is key, ensure proper recording, reconciliation, audits, and understanding of recourse vs. non-recourse factoring.

Practical Accounting Practices for Companies That Use Factoring

Understanding Retained Earnings and Why They Matter for Factoring Companies

Retained earnings represent the portion of net income reinvested into the business, reflecting profitability and financial health. Proper management supports long-term success and informed decision-making for factoring companies.

Understanding Retained Earnings and Why They Matter for Factoring Companies

Understanding the Difference Between Accounting and Tax Profitability for Factoring Companies

Understanding the difference between accounting profit and taxable income helps factoring companies optimize tax planning and cash flow. These distinctions, often due to depreciation and deductions, support informed financial decisions and a strong financial position.

Understanding the Difference Between Accounting and Tax Profitability for Factoring Companies