Project Finance, Bank Loans & Industrial Subsidies

A bank does not lend against a business plan described in conversation. It lends against a Detailed Project Report (DPR) and a CMA data statement prepared to its own format, reconciled to audited financial statements, and standing up to the specific financial ratios its credit risk department is required to test. Preparing that documentation thoroughly, so that it is complete on first submission rather than returned with queries, is a technical financial exercise most businesses only encounter when they actually need the money — which is precisely the wrong time to be learning it.

We prepare Detailed Project Reports (DPR) and CMA data for businesses across Raipur, Chhattisgarh, and Kalahandi, Odisha seeking term loans, working capital credit facilities, and project finance from commercial banks and financial institutions. In addition, we advise eligible manufacturing, agro-processing, and MSME units on securing fiscal incentives under the Chhattisgarh State Industrial Policy, Central MSME schemes (PMEGP, PMFME, CGTMSE, AIF), and the Odisha Industrial Policy Resolution (IPR 2022).

We advise on financing options, prepare the financial documentation a lender requires, and support a client through the bank's evaluation process — reviewing sanction terms, explaining key credit ratios, and helping respond to technical queries raised by the bank's credit team on the figures submitted.

As Chartered Accountants, our practice acts as independent financial advisers — focusing on comprehensive project reports, financial projections, leverage analysis, and advice on structuring credit proposals to meet institutional lending guidelines.

Term loans, for machinery purchase, civil construction, plant expansion, or new Greenfield setup, where the bank requires a Detailed Project Report setting out the cost of the project, the means of finance, and a multi-year projection of how the loan will be serviced from the business's own cash flow.

Working capital facilities — Cash Credit (CC), Overdraft (OD), bill discounting, and non-fund limits (LC/BG) — where CMA data is the standard documentation banks use to assess the Maximum Permissible Bank Finance (MPBF) a business can be sanctioned, and where facilities are renewed annually against updated figures.

Facility renewals and enhancements, where updated CMA data is required to support an increase in an existing limit, and where the ratios have to hold up against the bank's own credit norms just as they did at first sanction.

Industrial subsidies and government incentive documentation, where State Industrial Policies and Central credit-linked schemes require bankable DPRs, CA certificates of Fixed Capital Investment (FCI), and verified Means of Finance as part of the formal claim dossier.

Steel, iron and manufacturing units seeking term loans for machinery and expansion, and working capital facilities against substantial inventory and receivables.

Rice mills and agro-processing units, where seasonal working capital needs, Mandi cess accounting, and project finance for capacity expansion both arise regularly.

Traders and distributors in cement, hardware, FMCG and commodities, whose working capital requirement is driven by inventory holding and receivables cycles that a properly prepared CMA statement needs to reflect accurately.

Real estate promoters, for whom project-specific financing documentation sits alongside the RERA compliance work described on our RERA Services pages.

Contractors and infrastructure developers, where bank guarantees, retention money treatment, and work-in-progress valuation require careful presentation.

We advise on appropriate financing structures for your business requirement; prepare project reports and CMA data in bank-prescribed formats reconciled to audited accounts; compute and present key financial ratios (including working capital assessments and debt service coverage); and support clients throughout the bank documentation and credit evaluation process.