6709 West 119 th *Suite 443 Overland Park, KS 66209-2013 www.Ihorsellc.com ASSESSMENT-A MAYO CLINIC PHYSICAL OF YOUR TARGET ENTERPRISE THE SITUATION: New Loan Prospect, Renewal Decision, Refinancing Opportunity Covenant Violation/Default Credit File/Administrative Review THE NEED: Term Sheet and/or Commitment Letter Terms, Conditions, Pricing, Advance Rates & Structure, Guarantees Forbearance Terms/Agreement Enterprise Going Concern and Orderly Liquidation Range of Value Indications Debt Service Capability THE IRONHORSE ASSESSMENT SOLUTION: Core Business Viability Refi Alternatives/Prospects Collateral Quality Improvement Initiatives Cost Reduction, Margin Improvement, Profitability Enhancement Alternatives Executive & Management Process Capability Dependency & Concentration Analysis Related Party Research, Public Records, Background Research; Due to/from Analysis Accounting/Reporting Capability & Control Environment Proprietary Diagnostic Template Modeling: Volatility & Variance Investigation Trended Analytics: Profitability, Liquidity, Leverage, Solvency Range of Value Indicators Working Capital Quality & Velocity Break-Even , Degree of Operating Leverage, Margin of Safety Simulated Borrowing Base 13-Week Cash Forecasting/Management Model Development Identification of CFO Outsourcing Priorities, Imperatives, Engagement Foundation THE TIMEFRAME: Typically, 3-5 Weeks Staffing: o In-Charge Principal: $ 185- $ 215 per hour o Associate ( ½ time): $ 135-$ 165 per hour