CMA data
Past, current and projected years.
All advisory & special projects services
Advisory & Special Projects
CMA Data and Project Reports
FinAura prepares the CMA data and project reports banks ask for: past audited figures, the current year's estimates and projections in the Credit Monitoring Arrangement format, with ratios such as current ratio, debt service coverage and working capital cycle, and a project report for new ventures or capex that explains the business and the assumptions behind the numbers.
- Chartered Accountant-led
- Certification through associate practising CAs
- Fixed scope, fixed fee
What is covered
What CMA Data and Project Reports Covers
What the bank's credit team reads.
Ratios
Current ratio, DSCR, TOL/TNW.
Working capital
Assessed limit worked out.
Project report
Business, market, costs, returns.
Assumptions
Written down and supportable.
Bank queries
Answered with schedules.
How the month runs
How It Works
Collect, project, check, submit.
Step 1
Collect
- Audited accounts
- Current year
- Loan details
Step 2
Project
- Assumptions
- Statements
- Ratios
Step 3
Check
- Bank norms
- Consistency
- Your review
Step 4
Submit
- To the bank
- Queries
- Revisions
Your part
What We Need From You
- 01Three years of audited statements
- 02Current year's books
- 03Existing and proposed loans
- 04Plans for the business
Our part
What You Get
- CMA data in the bank's format
- A project report if needed
- Ratios that meet norms, honestly
- Answers to the bank's questions
A common question
What is CMA data?
Credit Monitoring Arrangement data is a standard set of financial statements, projections and ratios that banks use to assess working capital limits and term loans.
Banks test the projections against past performance, so they must be consistent with the audited figures and supported by realistic assumptions.
See bank funding supportCMABank's format
ProjectionsAssumptions documented
PastAudited figures
Who it is for
Who It Is For
MSMEs applying for limits
Cash credit and overdraft.
Businesses buying equipment
Term loans.
New ventures
Project reports.
Companies renewing limits
Annual review.
The rules, in plain English
What the Law Says
RBI and bank credit policies
Working capital and term loans
Banks assess limits from financial statements, projections and CMA data, against their own credit policy and the RBI's directions.
Official source: rbi.org.inMSMED Act, 2006
Udyam registration
Registered micro, small and medium enterprises can apply for central and state schemes, priority-sector credit and the protections the Act provides.
Official source: msme.gov.inThis is general information, not advice for your situation; we confirm what applies to you before any work starts.
Questions we get asked
CMA Data and Project Reports: Questions, Answered
What is the CMA data format?
A set of forms covering operating statements, balance sheets, current assets and liabilities, fund flows and ratios for past, current and projected years.
Is a project report the same as CMA data?
No. A project report describes a new project or expansion, its costs, funding and returns; CMA data is the financial format banks use, and many loans need both.
Do you guarantee the loan will be sanctioned?
No. We prepare honest, well-supported documents; the lending decision is the bank's.
Can you prepare a project report for a subsidy scheme?
Yes, in the format the scheme requires.
Often Taken Together
All 12 Advisory & Special Projects services01Advisory & Special ProjectsBank Loan DocumentationFinancial statements, projections and supporting schedules assembled for working capital and term loan applications. We prepare the case; we do not promise approval.02Advisory & Special ProjectsGovernment Schemes, Subsidies and GrantsIdentifying the MSME and sector schemes you qualify for and preparing the applications.03Accounting & FinanceVirtual CFOA Chartered Accountant reading your numbers, planning cash and guiding decisions.04Accounting & FinanceManagement Reporting & BudgetingMonthly MIS, budgets, forecasts and dashboards built from reconciled books.