General Studies · Project Finance and Appraisal

Which of the following statements are accurate regarding the differences between project finance appraisal and the appraisal of a standalone term loan proposal? 1. In project finance, the entire financial needs of the enterprise, including its working capital requirements, are assessed. 2. When an established business seeks to purchase machinery that will have minimal impact on the volume or structure of its operations, an extensive evaluation of techno-economic feasibility may not be necessary. 3. The fundamental principles of appraisal for both project finance and standalone term loan proposals are the same.