Collateral Field Exams:
In-depth procedures to assess and report on your prospect or client’s collateral
About
About Cost Reduction Solutions
Cost Reduction Solutions (CRS), a 100% Woman-Owned Business, was founded in 1991 by Owner Denise A. Albanese, with the leadership support of Michael F. Albanese, CPA. A family business at its core, CRS set its roots in consultancy by understanding and supporting business needs through critical analysis of books and records, and advising on sound fiscal decision-making.
In 2001, the firm pivoted to serve asset-based lenders by providing due diligence services. The success of Michael F. Albanese’s prior business roles, along with his extensive CPA audit and tax experience, set the foundation for CRS’s unmatched attention to detail—earning the trust of its first two New York Metro bank clients.
The business scaled organically through customer loyalty, enthusiasm, and CRS’s ability to deliver timely, high-quality diligence. In 2008, Denise Albanese focused on marketplace expansion, utilizing her Fortune 100 corporate growth and sales experience. Through her disciplined work ethic and service-first mindset, she helped double the firm’s size within two years.
In 2010, the second generation joined the leadership team as Michael M. Albanese stepped in to strengthen infrastructure and support internal growth. Under the tutelage of Michael F. and Denise, and fueled by his industry passion, he helped CRS expand its workforce, build a national and international presence, and enhance its ability to meet client needs—all while staying true to its core values of ethics, discipline, and “Collateral, Collateral, Collateral; Quality, Quality, Quality.”
Today, CRS is supported by a team of more than 85 professionals, guided by a strong director and management team, making it one of the largest independent collateral-first service firms. Built on the foundation of its family ownership values, CRS proudly serves the financial industry with a full range of due diligence services, continuing a legacy of integrity, precision, and client-first commitment.
The business scaled organically through customer loyalty, enthusiasm, and CRS’s ability to deliver timely, high-quality diligence. In 2008, Denise Albanese focused on marketplace expansion, utilizing her Fortune 100 corporate growth and sales experience. Through her disciplined work ethic and service-first mindset, she helped double the firm’s size within two years.
In 2010, the second generation joined the leadership team as Michael M. Albanese stepped in to strengthen infrastructure and support internal growth. Under the tutelage of Michael F. and Denise, and fueled by his industry passion, he helped CRS expand its workforce, build a national and international presence, and enhance its ability to meet client needs—all while staying true to its core values of ethics, discipline, and “Collateral, Collateral, Collateral; Quality, Quality, Quality.”
Today, CRS is supported by a team of more than 85 professionals, guided by a strong director and management team, making it one of the largest independent collateral-first service firms. Built on the foundation of its family ownership values, CRS proudly serves the financial industry with a full range of due diligence services, continuing a legacy of integrity, precision, and client-first commitment.
Built for the Asset-Based Lending Industry
We are a service-driven consulting firm dedicated to the asset-based lending industry. For nearly 25 years, we have helped large national banks, regional lenders, non-bank ABLs, family offices, private equity firms, factors, and C&I lenders make smarter, safer decisions.
Our core services include:
Every engagement is customized, every report is actionable, and every client receives responsive, senior-level support.
Our Expertise
We’ve grown to become one of the largest independent collateral field examination firms in the United States by staying focused on what matters most: accuracy, efficiency, and client value.
20+
Professionals
Our team comprises seasoned professionals with deep experience in financial analysis, auditing, due diligence, and transaction advisory.
500+
Field Exams
From small businesses to large, multi-entity borrowers, we’ve completed over 10,000 collateral field exams, helping lenders validate risk and protect assets.
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Countries
Our international reach spans the U.S., Mexico, the UK, China, and Malaysia, making us a trusted partner for global institutions with cross-border lending operations.
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States in the USA
With a presence in 25 states, we keep travel costs low and response times fast, offering real-time support in local markets.
20+
Institutions Annually
We annually provide services to 85+ clients, including leading banks, private lenders, investment groups, and specialty finance firms.
Arizona
California
Connecticut
Delaware
Florida
Georgia
Illinois
Louisiana
Massachusetts
Maryland
Maine
Michigan
Missouri
North Carolina
New Jersey
Nevada
New York
Pennsylvania
Rhode Island
Texas
Virginia
Vermont
Why Institutions Trust Us
We operate with a lean, agile structure that allows us to move faster and more affordably than traditional firms. Our teams are immediately available, thoroughly trained, and committed to delivering quality results without delay or excess.
Our national and international footprint, combined with our client-first approach, makes us a reliable extension of your credit, audit, or investment team, no matter the complexity of the deal or portfolio.
Work with a Team That Knows Lending from the Inside Out
Partner with professionals who understand lending, collateral, and the high-stakes decisions that come with them. We’re here to help you reduce risk, cut costs, and make informed choices backed by data, analysis, and field-tested insight. Contact us today for more details.