Our goal is to serve our clients’ immediate and long term financial needs from basic business loans and credit lines to the most intricate financial situations. Show Should I choose a fixed or variable interest rate? You should also understand that there’s a lot of work you need to do before you apply for any financing, including developing a business plan. Our experienced financial advisers keep their finger on the pulse of your business, and stay on top of your industries trends which can affect your entrepreneurial goals or existing enterprise. Get loans and lines of credit secured by commercial property; ideal for small business owners and real estate investors looking to refinance, purchase, or leverage equity. In today’s fast paced market time is money and we make sure you waste neither.
Bond proceeds and recycled funds are combined with federal grants and a state matching requirement to provide loans for such projects. Most of the program’s credit metrics, including those of the financial structure and pool credit quality, have remained stable over the past several years. Like many SRFs, the program is in the process of transitioning from primarily a reserve fund structure, wherein loss protection is provided by reserves, to a cash flow structure, or one in which loss protection is provided by available surplus cash flows. FINANCIAL STRUCTURE EXHIBITS STRONG DEFAULT TOLERANCE Fitch measures the financial strength of SRFs by calculating each program’s asset strength ratio (PASR). The PASR includes the sum of the total scheduled pledged loan repayments, account interest earnings, and reserves divided by total scheduled bond debt service. CWRPDA’s PASR is 2.3x, which is better than Fitch’s 2015 ‘AAA’ rating category median of 1.9x and therefore indicative of a strong financial structure.
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