The borrower must own the site and not have contributed to the contamination identified. Upon receipt of the loan application and preliminary review by the City of Phoenix, staff will conduct an analysis to ascertain the project's potential for success. An in-depth credit analysis will be conducted, by a separate LISC loan committee that has a loan underwriting background, to determine the repayment ability of the Borrower and will consider business cash flow, personal debt to income ratios, personal and business credit history, management, type of business, industry performance and collateral. The CIty of Phoenix will make the final determination on applicant acceptance into the BRLF program based on both LISC’s loan recommendation and the strength of the brownfields application.