Spartan has extensive experience in auditing and routinely
performs verification and other examination procedures on
all our clients’ securitized financial contract portfolios.
Our mandate is to periodically inspect securitized financial
contract portfolios and ensure that all pertinent
information is reported to facilitate key decision making.
We also assess compliance with portfolio tests for
delinquencies and defaults as well as key financial
covenants, including interest coverage and tangible net
The SPARTAN system monitors seller compliance with the
contractual obligations under financial contract
securitization transactions. These include default and
delinquency ratios, cash reserve accounts, concentration and