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Article of the week
By: Russell F. McIntosh
Assistant Vice President, Financial Services
Borrowing money is easy. Paying it back is the hard part.
I have opened many seminars on project financing with that statement.
It is designed to address the reality that while money for water and sewer
projects is generally available, project affordability must take into
consideration interest rates, repayment terms, loan conditions, and program
flexibility. This latter point is essential if funding from a number of
sources is to be combined to fund a single project.
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