Our independent feasibility studies are written following the USDA guidelines, and the clients that we have conducted these studies for have experienced continued success for the USDA 9003 Biorefinery Loan Guarantee Program, the USDA 9007 REAP Grant and Loan Guarantee Program, the USDA Business & Industry Loan Guarantee Program as well as private bond offerings and equity investments.
Investors and lenders tend to review the project more rapidly, and in many cases, more favorably, due to a complete and independent presentation. We also provide the additional risk analysis of political and social structure, terrorism, monetary policies, infrastructure, logistics, and raw materials analysis, as well as other locally identified risks. For companies that need re-financing, we have found that a detailed feasibility study has also been instrumental in obtaining rapid lending approvals.
In addition, we use the QuantaVision Risk Management System to present the risks identified from root issues, and then compile a comprehensive risk mitigation profile that will not only be applicable from a financing perspective, but can serve as a tool to be used by the company to manage and measure risk to maximize financial performance. This can also be used as a reporting tool for investors and lenders.
Analyzing Feasibility Risks
Economic Risks include
: interest rate, unemployment, oil prices, customer demographics, feedstock supply and availability, transportation, utilities and labor.
Political Risks include:
federal and international regulations, public perception, guidelines, policies, standards, changing political climates and key politicians.
Market Risks include:
customer needs and priorities, brand image, brand segment targeting, market price volatility, competition from current and future entrants, customer penetration, and sales volume.
Process Risks include:
complex products, services or support infrastructure, integrating data, engagement of key stakeholders, changing workflow requirements, and key stakeholder identification procedures.
Systems Risks include:
access control, data storage, security over internal data, account management change procedures, network failure, IT operations and maintenance, and IT security.
Governance Risks include:
authority and responsibility, ethics and integrity, fraud, theft and crime, internally related challenges, authority and responsibility designation, management oversight and metrics, planning for disruptions, contracts, supervision and collaboration, corruption, and instability.
Relationship Risks include:
third party due diligence, third party provider delivery, teaming arrangements, and commitment from partners.
Social Risks include:
human capital investment, human capital development, diversity, onboarding and training, employee relations, health and safety, and labor supply chain.
Construction Risks include:
permitting, weather and acts of God, commissioning, integration and installation risk, inconsistent production, mechanical failures, spare parts, health and safety, site management and security, materials quality, workmanship quality, and capital cost overruns.
Technical Risks include:
technology design and implementation, design error, performance or control deficiencies, safeguarding of intangible assets, data collection, utilization of facilities and resources, capacity utilization, and maintenance.
Environmental Risks include:
climate change, man-made disasters, toxic releases, environmental compliance, carbon emissions, energy efficiency, water stress, biodiversity and land use, raw material sourcing, environmental impact, and renewable electricity.
What People Say
My clients and I have worked with Cindy for several years in close association. Cindy is the absolute best government funding proposal drafter with whom I have worked. She has worked with us on approximately 12 comprehensive proposals for government funding and her fabulous work qualified each of these clients as a finalist for funding against scores of other proposals in a highly competitive setting. I recommend Cindy highly.
Mark J. Riedy, Partner
Kilpatrick Townsend & Stockton LLP
Victoria Gunderson, Coordinator
Climate Task Force, Office of International Affairs U.S. Department of the Treasury
I’ve had the pleasure of serving with Cindy on the Renewable Energy & Energy Efficiency Advisory Committee to the Secretary of Commerce for the past 8 years, including her term as Committee Chair. As a leader of the Committee, Cindy inspired her colleagues and advanced the renewable energy transition agenda, drawing on her senior level experience in the biofuel sector and service on multiple industry boards and committees.
Ken Kramer, Founding Partner
Rushton Atlantic, LLC
Richard Altman, Executive Director Emeritus
Commercial Aviation Alternative Fuels Initiative
Duane Adelson, CEO & Managing Director
Modern Capital Strategies, Inc.
Jim Lane, Editor and Publisher
The Daily Biofuels Digest and the Weekly Circular
Debra Nesbit, USDA Coordinator
Live Oak Bank