Bank loan

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 April 2010 A client seeking C/c from punjab and sind bank of rs 15lakh needs project report containing data of 3 years :31.3.2010,31.3.2011,31.3.2012.What are statements to be prepared and points to be considered and also plz provide me proforma of same.

CMA RV Padmakumar.A

CMA RV Padmakumar.A (Expert)
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17 April 2010 Projected financial information consists of
1.Balance sheet
2.Income statement
3.Cash Flow statement

most of the banks will ask these projected financial statements

Most important point to be remembered
Mostly CC loans need stock/inventory as to be funded.make sure that the loan fund is utilized for that purpose.this is needed to be reflected in the financial statements.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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17 April 2010 AGREE WITH THE POINTS OF EXPERT. YOU HAVE TO PREPARE CMA.

YOU CAN GO TO FOLLOWING LINK AND CHECK OUT VARIOUS CMA FORMATS-----

https://www.caclubindia.com/share_files/files_display_search_results.asp?search_txt=CMA+FORMAT&x=28&y=9

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