C&R Credit Services has formed a strategic alliance with Tax Guard, Inc., a tax risk due diligence service for lenders.

Effective March 15, 2013, this strategic alliance will see C&R Credit Services offering Tax Guard’s due diligence and monitoring services to their clients in the Asset-Based Lending, Factoring and Commercial Financing sectors.

Coupled with C&R Credit Services’ direct investigation methodology, Tax Guard will provide a significantly increased level of tax risk mitigation to ensure higher quality transactions for C&R Credit Services’ clients. Tax Guard’s proprietary process of uncovering tax liabilities before a tax lien is filed will expand and enhance C&R Credit Services’ existing reporting capabilities.

“We are always on the lookout for the most comprehensive risk mitigation resources for our clients,” says Tonya Spillmon, President of C&R Credit Services, “With Tax Guard’s ability to provide actionable tax liability information, we’re now able to fill the gap that existed for our clients that relied solely on public records searches for tax lien data.”

"C&R Credit Services’ core philosophy of ‘What You Know Matters, When You Know Counts' is naturally aligned with our tax due diligence services, “ explains Richard Fifield, Vice President of Sales for Tax Guard, “Because lenders’ real tax risk begins when a borrower fails to pay taxes, not when the IRS decides to file a lien, C&R Credit Services’ clients will be even better positioned to make informed funding decisions.”

Established in 1994, C&R Credit Services, Inc. is a licensed, bonded, private investigative agency that specializes in comprehensive background investigations necessary to the due diligence process, workout situations, and risk monitoring.

Established in 2009, Tax Guard gives lenders insight into their clients’ hidden real-time tax risks well before liens are filed.