Working Capital Management Working Capital Finance | Page 6
Business Capital Loans
Under the Capital Fund Financing
Program, private capital may be
borrowed by PHA to renovate,
improve and pledge depending on
the availability of adoptions, a part
of its future annual capital funds in
order to make the timely debt
service payments for conventional
bank loan transaction or a bond.
Generally, a time period between
60-90 days can be expected by the
PHA. The overall timeline for
review shall rely on the
completeness of the proposal as
well as the responsiveness of the
PHA team. The PHAs are advised
to anticipate and the unforeseen
issues that might arise.
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information on
Business Capital Loans
They are expected to act
accordingly
if
unexpected
circumstances surface during the
review process so that they are
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able to recover and come out of it
efficiently and timely.
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