Reduce your Bank’s Liability with
ERS’s Environmental Insured Reports.
Are you liable for the data and reports a database vendor provides you?
ONLY ERS REDUCES YOUR LIABILITY AND RISK
Other Vendor’s Terms and Liability states that you and your bank are to assume all risk for the information and conclusions they provide you.
ERS – Environmental Record Search has $2,000,000 of Environmental General Liability and/or Errors and Omissions Insurance (Professional Liability).
We provide you a Certificate of Liability Insurance for
each and every Environmental Screening Report!
Our $74 LenderCheck Report identifies if your collateral property or an adjacent property is listed in an environmental government database.It searches up to 1 mile radius and provides an environmental risk level for the property.
Key Information included in a LenderCheck:
Risk on the Cover of Report
Potential Risk & Recommended Action
Color Coded Map Showing Potential Risk
Details for Identified Potential Risk
When should you order a LenderCheck?
Every time a new commercial loan for a collateral property walks through your door.
Knowing your property’s Environmental Risk right away helps to mitigate and manage your bank’s environmental risk on loan portfolios.