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The project report is a document, which describes the proposal of a project to ascertain the prospects of the intended plans and activities. Business Plans or Project Reports are often used in conjunction

A Project Report can be defined as a document that provides a 360-degree view of any project. It is an important document that is mandatory while applying for any project finance when applying for Land acquisitions, Permits and Licenses for setting up the industry in India.

It has the vital data used to appraise any project and fund it. It covers data and stats from every aspect of the Business. It shall contain the following elements like manufacturing, technical, economic, financial, or service-related aspects, etc.

Suri Associates can provide you with professionally prepared project reports on various projects for micro, small, and medium enterprises. We are acknowledged in the industry as a reckoned firm in presenting the CMA Report and Project Report Services in Thrissur. Our team will take only the necessary information from you related to the project and streamline the information in a presentable form as acceptable to different government departments.

To make the task easy for the organizations, the project report should be precise, pitch-perfect and up to the mark.

CMA Report Preparation

CMA Report stands for Credit Monitoring Arrangement Report, a report prepared for banks. Businesses are growing rapidly, and banks contribute sizably to this growth. Not everyone has ancestral money, and not every business can fund its expansion through retained earnings. A business needs funding, either by way of equity or debt, at one point or another. To finance a business via creating a debt, getting a loan sanctioned from a bank is a good option if the interest rates are lower than in any other option. CMA Report is a must for getting the Cash Credit (CC)/Overdraft (OD) from the banks.

Banks prefer to give loans to those clients who have good financial standing. And before sanctioning a loan, they want to assess the financial health of their prospective borrowers. This is when the need for this comprehensive report arises. Banks demand this report to judge the repayment capacity of its borrower. This report is also required to apply for an increase in the current credit limit. The data used in this report is based majorly on the client’s financial statements.

Having discussed the need for CMA Report, let’s discuss the documents required for this data’s preparation and how CMA data is prepared.
Generally, it contains-

* A total of 5 years of comparative financial statements, for-

  1. Last two years (Audited)
  2. Current year (Provisional)
  3. Next two years (Projected) along with explanations for assumptions taken
  • Income Tax Returns of business
  • Income Tax Return of owners of the business
  • Cost sheet of expenses
  • Latest loan sanction letter if applying for renewing or increasing the current limit
  • Fund Flow Statement
  • Ratio analysis report based on the financial
  • Maximum Permissible Bank Finance Report

It also includes general information about the borrowers, a SWOT analysis of the project, the company’s standing in the business industry, the need for funds and plans for the utilization of funds. If the project is new, then a detailed report is also given.

Projected financial statements hold great significance as it indicates the future growth of the business, and the repayment of loan depends mainly on future income. These statements have to be made by keeping in mind all the factors affecting business, whether financial or non-financial.
The loan sanctioning depends significantly on the data presented in this report. So, it should be prepared with utmost precision. There is no specific CMA Data Preparation Format for it as it depends from case to case. Usually, banks have their set formats.

The ratio analysis statement is the most crucial part of this CMA data preparation. Bankers compare the ratios talked about in the report with the standards they have set. If the ratios meet their set ideal criteria, they sanction the loan; otherwise, they reject it. This analysis also helps them to calculate the loan limit. Ratios include Gross Profit Ratios, Net Profit Ratios, Turnover ratios, Current and Quick ratios, Debt- equity ratios, etc.

For the services of CMA Data preparation, you can reach us, Our team of experts aims to provide you with the most accurate and presentable CMA Data reports.

Difference Between CMA Data & Project Report

Client Testimonials

It is always a pleasure to learn that the work we do has positively impacted our clients and that they are happy to share their experiences.

I have done my GST and Income Tax filing services for our manufacturing business from Suri Associates Tax consultant in Thrissur, Kerala. Their service is highly recommendable. I have approached them again for Suri Sir’s help for our other new businesses we are setting up in Delhi and Haryana.

A FMCG Firm

Kerala – Delhi - Haryana

We are in Partnership Business and were looking for some experienced consultant who can
guide and help us in our GST registration. We moved our Business from Tamil Nadu to
Kerala, and wanted to get the right advice on our new venture. After getting help from Suri
Associates at Thrissur, now we are seeking regular support on our tax related matters. We
are happy to put our review regarding the best services provided by Mr. Suri and team. Thank
you for your support and the operational advices for our business.

A Trading Firm

Irinjalakuda, Thrissur

As a returned NRI, I was not sure about the policies and procedures for starting a business
here in Thrissur, Kerala. After the first consultation with Suri Associates, I got perfect
guidance and support from them. Right from the beginning till today, Suri Associates has
given me the advice for GST Registration and other mandatory services for the setting up and smooth running of my business. I am happy with their services. They are the best GST and Tax consultants in Thrissur

A Proprietary Firm

Mundur, Thrissur

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