Section 001-31-E - Criteria and Considerations1. No application will be approved unless the Commissioner determines that the application is complete and that information sufficient to make an informed decision on the application has been received.2. An application will not be approved unless the Commissioner determines that there is a reasonable prospect that the borrower will repay the loan according to its terms.3. In reviewing applications, the Commissioner will consider the following: (a) The economic feasibility of the business as evidenced by the borrower's present and past financial position and the reasonableness of the proposal and financial projections for the future;(b) Whether the borrower and guarantors have satisfactory credit histories and adequate and relevant management experience;(c) Whether the borrower has sufficient capital and other resources to conduct business as planned;(d) The adequacy of the security offered for the loan;(e) The extent to which the risk of financial loss is shared by others.4. A single borrower's or grant recipient's (including affiliated entities or farmers who share land and/or machinery and equipment) total outstanding participation is limited to 10% of the program's total amount of outstanding grants, loans and cash balance at the time of receipt of the applicant's completed application.5. Unless specifically approved by the Commissioner, in his or her discretion, no one borrower or grant recipient (including affiliated entities or farmers who share land and/or machinery and equipment) may receive more than 50% of the total amount of new funds available to the program in any one calendar year, as determined by the Commissioner, at the time of receipt of a completed application.01-001 C.M.R. ch. 31, § E