Collateral Services

What Collateral Services does

Collateral Services, Inc. (CSI) is a US-based professional services firm founded in 1998 and headquartered in Leavenworth, Kansas. The firm specializes in collateral analysis and financial data translation for the asset-based and commercial lending market, converting messy borrower-submitted accounts receivable, accounts payable, and inventory data into lender-specific reports aligned to each loan agreement's eligibility rules. Its three core offerings are Portfolio Analysis (AR/AP and inventory evaluation), BBC Certification (Borrowing Base Certificate compilation), and Specialized Reports & Services (custom data solutions including automated verification and discrepancy detection). The firm is 100% employee-owned via an ESOP and is described as woman-majority.

CSI's technology layer consists of a custom AR/AP analysis engine and the AR View reporting platform, a Microsoft Access-based relational database that delivers interactive, multi-period collateral reporting via cloud access. Reporting outputs are produced in three formats: AR View (interactive), Excel audit packages, and PDF reports. The firm does not sell software licenses or subscriptions; instead, it operates a professional-services billing model with monthly invoicing and engagement-based pricing, scoped per borrower/loan agreement. Its go-to-market is sales-led and relationship-driven, with direct phone and email outreach (no paid advertising, no channel partners), targeting three personas: banks and lenders, auditors/field examiners, and corporate borrowers. Integration partnerships with Stucky and ABLE accounting systems support data ingestion. Leadership is led by President Chris Thiele (named 2015) alongside a small, tenured executive team.

Name

Collateral Services

Legal name

Collateral Services, Inc.

Website

https://collateral-services.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Collateral Services is a US-based professional services firm founded in 1998 that converts borrower-submitted AR, AP, and inventory data into lender-specific collateral reports for asset-based and commercial lenders, auditors, and borrowers.

Ownership category

akta.pro rank

Headquarters

HQ city

Leavenworth

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Professional Services - Collateral Analysis: Custom financial data services including AR/AP analysis, inventory analysis, BBC compilation, and specialized reporting. Charged per engagement or on a recurring monthly basis per borrower/loan agreement. No subscription or licensing required.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Collateral Services provides custom collateral analysis and financial reporting services for asset-based and commercial lenders. The firm converts borrower-submitted accounts receivable, accounts payable, and inventory data into lender-specific reports, supports Borrowing Base Certificate (BBC) compilation, and delivers specialized reporting and audit packages through dedicated analysts rather than off-the-shelf software.

Product overview

Collateral Services offers a unified suite of collateral analysis and financial reporting services for asset-based and commercial lending. The core offerings include Portfolio Analysis (AR/AP and inventory analysis), BBC Certification (Borrowing Base Certificate compilation), and Specialized Reports & Services (custom data solutions and consulting). These services are delivered through three reporting formats: AR View (cloud-based interactive platform using Microsoft Access), Audit Packages in Excel (multi-tab workbooks), and PDF Reports (searchable static documents). The company does not offer a traditional software platform but rather human-powered analytical services that translate borrower data into lender-specific reports.

Differentiator

Problem solved

Functional benefit

Products and services

• Portfolio Analysis Comprehensive analysis of borrower-submitted accounts receivable, accounts payable, and inventory data transformed into clean, lender-specific reports tailored to each lender's loan agreement. Used by banks, asset-based lenders, and commercial lenders.
• BBC Certification Streamlined Borrowing Base Certificate compilation service ensuring eligibility rules are applied accurately, with results delivered in consistent, review-ready format for asset-based loans. Used by lenders, borrowers, and auditors.
• Specialized Reports and Services Custom data solutions and consulting services including automated verification systems, at-risk reporting, discrepancy detection, system integration, archiving, and custom report development for lenders with unique collateral reporting requirements.
• AR View Reporting Interactive, cloud-based reporting platform (built on a Microsoft Access relational database) providing ongoing visibility and deeper analysis across periods with filtering, sorting, and export capabilities for collateral data.
• Audit Packages in Excel Flexible, analyst-friendly multi-tab Excel workbooks with sortable, filterable collateral data ready for internal analysis and manipulation by auditors and analysts.
• PDF Reports Static, searchable PDF documents designed for easy distribution, archiving, and review without system integration requirements.

Quantifiable outcome

• 1-3 business day turnaround for reporting
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability2 records

Feature5 records

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Abrigo: Abrigo provides credit risk, lending, and compliance software to community and regional banks, including collateral and portfolio analytics capabilities that overlap with CSI's collateral reporting workflow.
• nCino: nCino offers a cloud banking platform covering commercial lending workflows; its collateral and portfolio modules compete with CSI's manual collateral analysis services at larger banks.
• Moody's Analytics: Moody's Analytics provides credit data, risk modeling, and lending solutions used by banks for underwriting and portfolio monitoring, overlapping with CSI's collateral verification and BBC work at scale.
• Temenos: Temenos provides core and lending banking software globally; its commercial lending modules compete for the same IT budgets that fund collateral analysis services like CSI's.
• FIS: FIS offers a broad suite of banking technology including commercial lending and risk solutions that touch collateral reporting and borrower analytics, competing indirectly with CSI at large bank clients.
• Jack Henry: Jack Henry provides technology solutions for community and regional banks, including lending and commercial credit workflows that overlap with CSI's asset-based lending customer base.

Direct peers

• Baker Hill: Baker Hill sells commercial and small business lending origination and portfolio management software to banks, directly competing with CSI for the ABL analytics and reporting budget at community and regional lenders.

Others

• Wolters Kluwer Lien Solutions: Wolters Kluwer Lien Solutions manages UCC filings, lien searches, and corporate due diligence workflows, addressing the documentation side of collateral-based lending that complements CSI's analytical services.

Emerging players

• C&R Software: C&R Software builds collateral management and optimization solutions primarily for securities finance, representing an adjacent technology approach to collateral workflows that CSI performs manually.
• Sagent: Sagent provides cloud-based loan servicing and asset management software to banks and lenders, addressing commercial loan workflows adjacent to CSI's collateral reporting and BBC certification services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/collateralservices
• LinkedInlinkedin.com/company/collateral-services-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Collateral Services