Project report & its role in loan approval



A written document related to forecasting of future income & Expenditure and its financial viability, containing information or details proving the worthiness or potential of a project / Business Idea or Business entity is known as the Project Report. It helps the entrepreneur to get an exact idea about the initial inputs required for the business. It also provides records of which helps him to avail certain loans and funding from various banks, NBFC, Private Equity, Venture Capital funds, Govt Schemes, and Financial institutions too. 



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