Cascade Credit Services, LLC
Supporting Lender - Borrower Partnerships Through Collateral Exams


The Cascade Credit Services client team prides itself on its understanding of clients’ industries and businesses. We offer unsurpassed responsiveness, dedication and professional expertise. Each member of the team brings extensive experience garnered both at CCS and at top financial institutions. Cascade Credit client teams are located in Oregon, Washington, northern and southern California, Massachusetts, Florida, Texas, Tennessee and British Columbia.

Managing Team

Rich Denman
Founder & Managing Director
Rich founded Cascade Credit Services in 1995, providing due diligence for Pacific Northwest lenders. Seven years later he co-founded Cascade Financial Management, a complementary financial consulting practice. Prior to founding CCS, Rich spent over twenty years at US Bank, principally in the Portland, OR headquarters. From 1984 to 1994, Rich managed US Bank’s Accounts Receivable Department, overseeing the ABL portfolio monitoring function. Responsible for commitments in excess of $1B, Rich also helped to structure the bank’s first trade receivables securitization. Rich holds a BA in Economics from Oregon State University and is a graduate of Pacific Coast Banking School at the University of Washington. Rich does Bikram (hot) Yoga in his off-hours and also climbs mountains. He enjoys hiking and cycling around the Northwest as well.
Bill Ray
Development and Regional Director

Bill previously worked as a commercial lender at community and regional banks for over 20 years in addition to founding a business consultancy firm. Bill holds a history degree from San Diego State University, and is a graduate of the California Bankers Association Commercial Lending School.

Fred Dougherty
Exam Review Director

Fred has worked for over 30 years in commercial finance with hands on experience in auditing. He co-owned and ran his own factoring firm for 13 years eventually negotiating its sale to an international firm. Fred holds a BA in economics from UC Santa Barbara. He frequents the gym and enjoys sailing, travel, music and the outdoors. 

Sharon Climer
Exam Services Director

Sharon has an outstanding customer service and project management background with over twenty years experience. Sharon is an alumna of the University of Portland and Marylhurst College. Sharon has been with Cascade since 2002. In her spare time Sharon enjoys bowling, photography, reading, cycling, rafting, and cookie baking day once a month with her grandchildren.

Julia Chapman
Administrative Director

Julia comes to CCS with a background as an entrepreneur who ran a successful wood products manufacturing operation for more than 15 years. Julia has a degree in business from George Fox University. She oversees HR, bookkeeping, technical coordination, inventory test counts and other examination support services at CCS. She enjoys hiking, bicycling, fiber arts and gardening.

Exam Team

Dennis Koga - Examiner

Dennis has performed collateral exams for Cascade since 2004, joining the team fulltime in 2013. As a senior collateral examiner for US Bank, National Bank of Canada and LaSalle Business Credit, he has over 15 years field experience. He also worked in compliance and loan administration for US Bank, specializing in non-negotiable collateral, UCC and loan portfolio reporting to senior management. Most recently, Dennis was Operations Manager for a startup venture capital entity specializing in renewable energy and green investments. He is an alumni of Vassar College and PSU Scholars Program, specializing in the liberal arts. His outside interests include space (NASA JPL Solar System Ambassador), music, theater and writing.

Craig Davis - Examiner

Craig has performed collateral exams since 2013, joining Cascade in 2022. As a senior collateral examiner for Douglas-Guardian in Houston, TX, Craig provided lenders with collateral verification and inspection services nationwide.  Prior to performing field exams, Craig spent over twenty years as a Mergers & Acquisitions advisor in the Chicagoland area. Craig holds a BA in Economics from University of Illinois in Champaign-Urbana and a MBA from DePaul University in Chicago. Craig enjoys outdoor activities such as hiking, mountain biking, and golf. 

Jeff Kessel - Senior Examiner

Phil Erickson - Senior Examiner
Diana Kennard - Examiner

Diana has worked in public accounting, audit and private sectors. She has held Controller positions for businesses with multiple locations, with emphasis on large restaurant groups for over twenty years. Her experience includes consultation services and managing client engagements, ongoing support of accounting operations, and overseeing internal and external accounting processes, as well as auditing for non-profits. She attended University of Houston Business School and continues to pursue opportunities for growth and knowledge in areas of client support and in the lending industry. She enjoys spending time with her dogs at the beach, parks and lakes. 

Aaron Bonds - Senior Examiner

Aaron joined the Cascade team in 2021. Prior to joining Cascade, Aaron’s work experience has been primarily in ABL (asset-based lending), working as a collateral analyst, audit scheduling coordinator, and field examiner for numerous commercial lenders and consulting firms. His most recent position was with Capital Source (Pacific Western Bank) as a Senior Field Examiner for four years. Aaron has a BS in Public Relations, an MBA in Healthcare Management, and have recently meet the education qualifications to sit for the CA CPA exam. Aaron is based in Southern California. 

John Leong - Senior Examiner

Ann Rickett - Examiner

Ann has diversified experience within the banking industry, including sales, management, supervision, and field examinations. In Ann’s most recent position before coming to Cascade Credit Services, she did collateral exams in the Seattle area for ABLS.
Mike Perez - Examiner

Peter James- Examiner

Peter is based in the Orlando Florida area and joined Cascade Credit Services in March of 2017 doing exams in the Portland area until his move to Florida. He studied Accounting and Management Information Systems at the University of Hawaii and went on to work as a public Accountant in Honolulu. After moving to the Pacific Northwest in 2014, he worked as a senior general ledger accountant for one of the nation’s largest restaurant franchisee. He enjoys road trips, the outdoors as well as a variety of sports.
PK Ghaiy - Examiner

Pankaj Ghaiy (P K) is based in Campbell, CA (San Francisco Bay Area) and brings over 25 years of experience in Auditing, Factoring and Asset Based Lending and portfolio management. PK worked for BFI/Business Finance, where his career started in Asset Based Lending as an Auditor and finally V.P of Operations. He has also owned Abingdon Business Capital (Factoring), DFAS & Metaflow Consulting (Collateral Exams). PK graduated from Delhi University with a BA in Finance and took various courses through C F A during his career at BFI. PK gives pranayama sessions of breath-work and practices various techniques of meditation and yoga. 

Ron Klaus - Senior Examiner

Ron is based in the Portland Metro area and has been doing field examinations since 1991 and has gained expertise working with a wide variety of clients and industries. Prior to Cascade Credit Services, Ron worked at US Bank, West One Bank, and Bank of the West. He graduated from Washington State University with a degree in finance and economics. Ron joined CCS in 2000. Outside of work Ron enjoys woodworking and photography.
Rylan Wirkkala - Examiner

Prior to joining Cascade Credit Services in January 2018, Rylan worked as a Senior Accountant for a variety of companies, including a start-up company, a wastewater utility district, and a large restaurant franchise. Rylan attended Washington State University, double majoring in Accounting and Finance. He then attended Seattle University earning a Master of Science in Finance degree. He enjoys spending time with his two sons, learning guitar, and playing video games.
Steve Resnick - Senior Examiner

After graduating from UCLA with a BA in Economics, Steve landed at the ABL Department of Bank of America in 1978.  Since then, he has made stops at Citicorp, Union Bank, and various finance companies.  During his career, Steve has had positions in Audit, Audit Management, Marketing & Credit Administration.  In 1994, he went independent and began his consulting practice to banks, factors and finance companies, performing audits and other related services. Steve is an active Freemason at Ionic Composites Lodge #520 F&AM, enjoys working out, travel, dining and the attendance of Classical & Jazz venues.

Manuel “Manny” Tolentino, Jr. – Examiner

Manny oversees Cascade Credit Services’ Canadian activities from Vancouver, British Columbia. Manny has extensive experience in domestic and international business garnered in Asia, the US and Canada. Manny began his career as an auditor with Sycip, Gorres, Velayo and Co. in Manila, Philippines. Upon moving to Los Angeles, he first worked at U.S. Bancorp and subsequently served as Assistant Vice President – Audit Manager/Senior Loan Officer for Finova Capital Corporation. Educated in Manila, Manny received a Bachelor of Science in Commerce/Accounting from the University of Santo Tomas.