Most businesses, large and small will need to take out a business loan at some point. If you are a company who is about to take out a new business loan to invest in new equipment and technologies or to take on more staff to aid business expansion, or any other reason, CMA Vigneshwaran have the commercial finance experts who can assist you with your queries.

We can also advise on extensions to existing business loan and supporting security documentation. Whether your enquiry is as simple as how to execute a business loan or more complex advice on specific clauses, delivering all the transaction documents and conditions precedent to funding or negotiating with the finance company, we are the firm to help.

Every Businessman is always look out for expansion of its business for which it requires funding. This funding would be available from banks or NBFCs or Private equity funding. Now, to get funding from banks as well as other financial institutions, every entrepreneur is required to prepare a detailed business plan which is also called as Project report for bank loan or Viability report or feasibility report.

When an entrepreneur conceives business idea, He tends to think a lot regarding its feasibility. However, if he does not put the same in writing and do a detailed calculation of cost involved and benefit derived, he can’t estimate whether it is viable or not and ultimately the idea gets dropped. Therefore, it is always advisable to prepare a detailed business plan or project report to understand whether it is workable or not.

CMA Report stands for Credit Monitoring Arrangement report. In this, past, present and projected figures are put in a defined format (prescribed by RBI) with all the required financial analysis and ratios. This helps Bankers and Financial Analysts to ascertain the financial health of a business. All Bankers request all loan applicants to prepare and present a realistic CMA report to understand the flow and application of funds in a business. Since CMA report is prepared based on various assumptions, it is very imperative that the assumptions used are realistic and viable. CMA Report is essentially an assessment of Working Capital Needs of a business. Bankers take into account various factors while funding the working capital needs.

Provisional Balance Sheet: - Provisional Balance Sheet is prepared on the basis of Past data i.e. for the period which is already completed.

Estimated Balance Sheet: - Estimated Balance Sheet is prepared for future Data (for which period is started but not completed) on basis of projection i.e. for the period which already started but not completed.

Projected Balance Sheet - Projected Balance Sheet is prepared for future Data on the basis of projection i.e. for which period is not started.