The financing program mainly includes the content
A, financing program planning
The results of the project financing study ultimately boils down to the preparation of a complete set of financing program, which is based on a yearly investment plan. In practice, there are often the project's capital and debt financing in the same proportion of the arrangement, or first invested part of the capital, the remaining capital and debt financing in the same proportion.
Two, capital structure analysis
Project financing program design and optimization, the analysis of capital structure is an important element. The rationality and optimization of the capital structure by the fairness, risk, cost of capital and other factors. The capital structure of the project refers to the form of equity capital and debt financing, the proportion of various funds, and the source of funds in the project financing. Including: project capital and debt financing ratio, capital structure, debt funding structure.
Third, financing risk analysis of the ability to fund the risk and attractiveness of funding, refinancing capacity of the project project implementation process kind of many risks that will lead to changes in the project's financing program, the project needs to have sufficient refinancing capacity. The program design in the institute will consider alternate financing options, including: additional investment commitment of the shareholders of the project company, the loan syndicate of additional loan commitments, bank loan commitments higher than the project plan to use the amount of funds, in order to obtain alternate loan commitments.