CMA stands for Credit Monitoring Arrangement and it is a report that shows the projected performance and past performance of business in financial terms. Banks, Investors and Financial Analysts will ascertain the financial health of business by using the financial ratios, formulas and compiled data in CMA report.
Banks and Financial institutions will ask the business loan applicant to submit CMA data so that they can understand the means of finance, flow and application of funds in a business. A professionally prepared CMA report presented to the bank will create confidence in your business by banks and can enhance the chances of obtaining a business loan.
Our firm has a team of finance professionals and ex-bankers to undertake preparation of CMA report by considering bank norms, industry standards and market trends.
Get to know more of CMA Report?
CMA report helps bankers to assess the working capital needs of a business by taking into factors like industry standard ratios, finance and current ratio of creditors, stock and debtors of business.
CMA data contains the information about particulars of current and proposed loan limits, Operating statement, analysis of Balance sheet, Comparative statement of Current Asset & Liabilities, Calculation of maximum permissible bank finance, fund flow statement, ratio analysis.
The basic documents required to prepare CMA report are
- Previous 2 years audited financial statements
- Provisional financial statement for the current year
- Latest sanction letter (in case of renewal)
- Term loan repayment schedule
Steps we follow
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1
Document Collection
Our team will send you the checklist of documents required for preparation of CMA report.
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2
Business Understanding
Our finance experts and ex-bankers will discuss with you to understand the nature of business and loan requirements.
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3
Draft Preparation
We will send you a draft CMA report prepared by our experts to discuss with you for any modification or changes.
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4
Report Submission
The final CMA report can be submitted to bank and in case of any queries raised by bank, our team will answer those on behalf of you till it is finalized and approved by banker.