Rahastustesti

Rahastustesti is a term used in Estonian finance and startup discourse to describe the evaluation process that determines whether a proposed project, business, or funding request is financially viable given available capital and expected cash flows. The goal is to establish whether funding can be obtained and serviced without compromising financial stability or regulatory compliance.

The concept is applied by startups seeking investment or loans, by public or private grant programs, and by lenders or investors who screen proposals before committing capital. It is a practical tool for assessing whether a project can attract sufficient financing and sustain payments over time.

A typical rahastustesti involves defining the funding need, outlining sources of capital (equity, debt, grants, subsidies), and building financial projections that cover cash flow, profitability, and debt service. Sensitivity analyses test how results change under different assumptions, while risk assessment and governance checks address key uncertainties and compliance requirements. A funding plan or decision document is then produced, indicating whether to proceed, adjust the proposal, or reject it.

Limitations include reliance on assumptions and projected data, potential bias, and the fact that some factors (market conditions, regulatory changes) are difficult to predict. The exact scope and methods of rahastustesti vary between institutions and programs. Related ideas include due diligence, financial modeling, and capital budgeting.