What is Chesapeake Collateral Consulting?
Chesapeake Collateral Consulting (CCC), founded in 2005, is a specialized provider of asset-based lending services, catering primarily to commercial banks and finance companies within the Mid-Atlantic region. The firm leverages over 105 years of combined expertise in banking and collateral assessment to offer comprehensive field exam services. These services are designed to furnish lenders with timely and precise information regarding borrowers' financial health and collateral valuations, thereby enabling more effective risk assessment and mitigation strategies. CCC's operational scope encompasses a diverse array of industries, including government contracting, manufacturing, healthcare, and insurance premium finance.
How much funding has Chesapeake Collateral Consulting raised?
Chesapeake Collateral Consulting has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Chesapeake Collateral Consulting
PPP
Public-Private Partnership
What's next for Chesapeake Collateral Consulting?
The substantial late-stage funding indicates a strategic phase for Chesapeake Collateral Consulting, likely focused on expanding its service offerings, enhancing its technological infrastructure for collateral assessment, or broadening its geographic reach. This capital injection is expected to fortify its market presence and support its growth trajectory in serving the evolving needs of financial institutions requiring robust collateral evaluation and risk management solutions.
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