.../reward profile for all par- ties to the venture; 2. assumption that the project's sponsor has a strong enough balance sheet to support a project in its pre-completion stage; 3. structuring a repayment schedule to require 100% dedication of cash flow, after operating costs, to debt service, so the lender...

... with an assurance of repayment over a reasonably estimated time period. Key to this availability of credit is the confidence of the financial organizations in their ability to evaluate their borrower's asset base and its related cash flow. The responsibility for this evaluation falls on a relatively small group...

... be called upon with more frequency to provide economic projections related to financial requirements. The type of financing you are most likely to be concerned with is project financing, where the funds are borrowed for development of a specific project, and repayment is based solely on revenues resulting...