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Compliance MSME
Quickly Prepare CMA Data Online
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Overview
All you need to know About CMA Report Preparation
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. There are certain industry standard Ratios which need to be in place for a bank to be comfortable to grant working capital (Cash Credit) against Stock and / or Debtors balance.
In case you need to present this to investors, you may get business plan prepared by us as well. Finance experts team at compliancemsme.com will undertake preparation of your CMA report considering all RBI/Banking norms and normal Industry Standards. This will ensure that your business gets required working capital funds at the right time and without much hassles.
Credit monitoring arrangement analysis
Points to make your decision easy
Mandatory For Loans
You would need a professionally drafted CMA report for all loans that you apply for with the banks. It is a format mandated by Reserve Bank of India. It is adopted by all nationalized, co operative banks and private sector banks in India. No working capital loans can be sanctioned without an appropriately drafted CMA report.
Ratio Analysis
Among other things, a typical CMA report also includes a detailed Ratio analysis of your business. Financial Ratios are quick indicators of your business’s health. Major Ratios included are Current Ratio, Sales turnover Ratio, Stock Turnover Ratios, Debtor and Supplier working cycles, among others.
Norms
RBI has set certain norms for assessing the working capital needs of a business. Also, there are certain set Industry Standards, which various banks take into consideration. compliancemsme Compliance Manager takes care of all RBI mandates and usual Industry Standards to prepare an accurate CMA report.
How to prepare CMA Report online
5 Easy Steps
2. Explain us your business
3. Your Draft CMA report is prepared
4. Your CMA report is discussed with you
5. Your Final CMA report is ready for submission to bank
Review of Business
For preparing a viable and realistic CMA data report online, it is very important to understand your business. our Compliance Manager will get in touch with you for the same. It will take into consideration all the peculiarities of your business.
Draft CMA Preparation
Based on the understanding of your business, our Compliance Manager will take into consideration various assumptions for your sales growth, expenses projections, cash inflow and outflows, your assets and liabilities estimations.
Final CMA Report
Compliancemsme Manager will discuss Draft CMA with you. You will receive a final copy of the CMA report which is ready for submission to your bank. We undertake up to 2 iterations to your CMA report in case of any queries from the Bankers.