Whether you want to start a new business or a project or you want to expand your existing business, finance is the bloodline of any business or project. When you have a great idea but do not have any money to execute it, you could look for loan from banks and & financial companies.

Government has also come up with several schemes of loan & finances for various businesses or projects especially the MSMEs. One could read about the benefits available to a MSME. Rendez-vous asgg.fr/ sur notre page dédiée aux bons de réductions et codes promo.

While there are many requirements to get a loan from bank and these requirements are vary from bank to bank & according to the amount & type of loan you are looking for. In this article, we are going to discuss about how could a project report be prepared for the purpose of loan for sanction.

Project report for bank loan
A project report for bank loan is a document which details out about a business or project for which finance is being sought. It contains the details about the financial, economic, managerial, technical aspects of the project or business in prospect.

Illustrative inclusions in the project report

a) Summary of the business/project: 
This talks about what the business or the project is, about the requirement of finance etc.

b) Scope & prospects of the business
Describe about the scope of the project or business, it’s current status & it’s the prospects of future. It is about the technical & financial feasibility of the project or business.

c) Details about the promoters & other significant executives

Details out the profile, the educational qualification, experience of the business promoters & key personnel.
d) Resources required: Infra, machinery, knowhow etc
Describe about the Infrastructure & technical requirements of the project or business, along with the cost & capacity among this.

e) Details about the target & prospective customers
State the consumer profile of the project or business in question, about the prospects of scaling up & related target customers.

f) Investment required
Specify or mention the details about the investment required along with the specifications. This is essentially the cost of the project or business.

g) Sources of finance
How much required funds are being sourced. Details about the owned & external funds of project or business.

h) Project financial statement

It includes the financial statements such as Balance sheet, Profit & loss account or profit & loss amount.
i) Financial Projections
Quantitative projection on Income, expenses, sources of funds & application of funds

j) Ratio analysis

Computation & complete analysis of financial statements through key ratio & their implications is required.
k) Funds flow Statement
Details about the funds- from where it is sourced  and the application of funds are included or mentioned in the application.
l) Breakeven analysis
Analysis of the breakeven point of the project or business, it’s feasibility in terms of cost & benefits.
m) Conclusion 
Conclusion about the project or business, about its strengths, weakness, opportunities & threats

Who makes the project report?

Project report is a crucial document which requires expertise in terms of qualification & experience of the person preparing for doing business. Thus, it is prepared by professionals such as CAs, Ex-bankers & other finance professionals executive.