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States Use Innovative Programmatic Financing Approach to Maintain Stable CWSRF Demand

Programmatic Financing (or “Pro-Fi” for short) offers mutual benefits for CWSRF programs and their largest customers. For the utility, Pro-Fi provides a stable, predictable funding source to incorporate into the annual budget process, as well as a simplified CWSRF application process. For CWSRF state programs, Pro-Fi provides a guaranteed source of regular disbursements that allows for reliable cash flow planning and reduces the risk that unliquidated obligations will grow out of control.

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