Facility choice
Working capital, term loan, or both.
All virtual cfo services
Virtual CFO
Bank Funding Support
FinAura prepares your business for bank finance: we work out what kind of facility fits (working capital, term loan or both), prepare the CMA data, projections and supporting schedules lenders ask for, answer the bank's queries, and track the covenants and reporting once the loan is sanctioned.
- Chartered Accountant-led
- Bangalore and across India
- Reply within one business day
What is covered
What Bank Funding Support Covers
From choosing the facility to living with it.
CMA data
Past, current and projected years in the bank's format.
Projections
Assumptions that stand up to questioning.
Bank queries
Answered with schedules, not guesses.
Stock statements
Monthly drawing-power statements prepared.
Covenants
Ratios and reporting tracked after sanction.
How the month runs
How It Works
Assess, prepare, apply, maintain.
Step 1
Assess
- Need and purpose
- Facility type
- Eligibility
Step 2
Prepare
- CMA data
- Projections
- Schedules
Step 3
Apply
- Bank meetings
- Queries answered
- Sanction terms read
Step 4
Maintain
- Stock statements
- Covenants
- Renewals
Your part
What We Need From You
- 01Three years of financial statements
- 02Current year's books
- 03Details of existing loans
- 04What the funds are for
Our part
What You Get
- A clear view of what to borrow and how
- CMA data and projections ready
- An application the bank can process
- Covenant tracking after sanction
A common question
What do banks look for in an SME loan?
Repayment capacity from cash flows, the quality and consistency of financial statements, the working capital cycle, security and the promoters' track record.
Clean, consistent numbers and realistic projections shorten the process and improve the terms you are offered.
See CMA data and project reportsFacilitySanctioned and tracked
ProposalCMA data and projections
NumbersStatements and books
Who it is for
Who It Is For
Manufacturers and traders
Working capital limits.
Businesses buying equipment
Term loans.
MSMEs renewing limits
Annual reviews.
Companies switching banks
Better terms.
The rules, in plain English
What the Law Says
RBI and bank credit policies
Working capital assessment
Banks assess working capital limits from your financial statements and projections, usually in the CMA data format, alongside their own credit policy.
Official source: rbi.org.inMSMED Act, 2006
Udyam registration
Registered micro, small and medium enterprises can access the credit schemes and priority-sector lending meant for them.
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
Bank Funding Support: Questions, Answered
What is CMA data?
Credit Monitoring Arrangement data: a set of financial statements, projections and ratios in the format banks use to assess working capital limits.
Do you arrange the loan?
We prepare the proposal and support you with the bank. The lending decision and terms are the bank's.
What are drawing-power statements?
Monthly statements of stock and receivables that set how much of a working capital limit you can use.
Can you help with a loan renewal?
Yes. Renewals need updated CMA data, statements and compliance with past covenants, which we prepare.
Often Taken Together
All 10 Virtual CFO services01Virtual CFOCash Flow ManagementRolling cash forecasts, runway tracking and a view of what each hiring or spending decision does to cash.02Virtual CFOBudgeting and Business PlansAn annual budget the team can own, with monthly tracking against it.03Startups, Setup & GrowthAdvisory & Special ProjectsDue diligence, restructuring, CMA data and family business advisory, scoped as projects.04Accounting & FinanceManagement Reporting & BudgetingMonthly MIS, budgets, forecasts and dashboards built from reconciled books.