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Business finance documentation

Project reports & CMA data that hold up to bank appraisal

Projections built from your real numbers, CMA in the bank’s format and ratios stress-tested before the credit officer asks. For term loans, working capital and scheme-backed finance.

Project report & CMA
DSCR & sensitivity
CGTMSE & subsidies

Reviewed by CA Prabhakar Kumar, FCA · Updated

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What banks look at

  • Repayment capacity: the debt service coverage ratio (DSCR). Lenders usually look for comfortable cover, commonly around 1.25 or more on projected figures.
  • Working capital need: receivable, inventory and payable days, and the margin you bring in.
  • Promoter contribution and security, or credit guarantee cover.
  • Consistency: projections that agree with past financials, GST returns and bank statements.

What we prepare

  • Project report: business background, project cost and means of finance, market, operations, and projected profit and loss, balance sheet and cash flow.
  • CMA data: the bank’s standard format for operating statement, balance sheet analysis, current assets and liabilities, and fund flow.
  • Ratios: DSCR, current ratio, TOL/TNW, break-even and sensitivity to lower sales or higher costs.
  • Working-capital assessment for cash credit or overdraft limits.
  • Supporting certificates such as net worth and utilisation of funds, where required.

Government-backed schemes

SchemeWhat it does
CGTMSECredit guarantee for collateral-free loans to micro and small enterprises, now up to ₹10 crore
PMEGPMargin-money subsidy for new micro enterprises through banks
Stand-Up IndiaLoans for SC/ST and women entrepreneurs for greenfield projects
State industrial and tourism policiesCapital subsidy, interest subvention and duty benefits for eligible projects

Eligibility and limits change; they are checked for your project when the report is prepared.

How it works

  1. Understanding the project, quotations and past financials.
  2. Building the model: cost, funding, revenue drivers, costs and repayment.
  3. Stress-testing: what happens with 15% lower sales or a delay in start-up.
  4. Report and CMA in the bank’s format, and support in answering the bank’s queries.
Please note: the firm prepares reports and supporting documents. Lending decisions are made solely by the bank or NBFC.

Size EMIs and break-even quickly with the EMI calculator and break-even calculator.

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FAQs

Frequently asked questions

What is CMA data?
Credit Monitoring Arrangement data is a set of statements in a standard format (operating statement, balance sheet analysis, current assets and liabilities, fund flow and ratios) that banks use to assess working capital and term loan requests.
What DSCR do banks expect?
It varies by lender and sector, but projected DSCR of around 1.25 or more is commonly expected for term loans, with an average over the loan period and no year too weak.
What is the CGTMSE limit now?
CGTMSE guarantees cover eligible loans to micro and small enterprises up to ₹10 crore, subject to the scheme's conditions and fees.
Do you guarantee loan approval?
No. The firm prepares the project report, CMA data and supporting documents. The lending decision rests entirely with the bank or NBFC.
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