CMA (Credit Monitoring Agreement) Preparation is done for businesses to compile their past and projected financial performance to help bankers and financial analysts to determine the financial health of a business. A CMA report is very vital for businesses to apply for project-related loans, we at Ambit Crest Consultants provide expert guidance to prepare the best, accurate CMA reports for both small and large businesses alike.

We at Ambit Crest Consultants provide the best CMA preparation in Chennai, which also includes a collection of particulars for existing credits and loans along with the disclosure of current fund and non-fund liabilities. We provide excellent financial experts who help our clients prepare the best quality CMA report that includes the company operating statements, profit and loss accounts and balance sheets audits reports. Trusted by many, we help prepare the best professional CMA reports in Chennai, Tamil Nadu that help increase the odds of obtaining bank loans.

Difference between Credit Monitoring Agreement and Credit Monitoring Arrangement

Credit Monitoring Agreement helps notify consumers of potential fraud, as well as intimate the changes to their creditworthiness. They help protect customers against identity theft when an individual's personal information is stolen and used illegally for nefarious purposes. Though most customers primarily use credit monitoring services to guard against identity theft, a credit monitoring service also helps track a customer's credit report and credit score. Without a Credit monitoring agreement, an individual's personal information can be compromised and used without the customer's knowledge and their ability to access credit could be destroyed.

A credit monitoring arrangement on the other hand is special data reports used by credit agencies, banks and financial institutions for granting loans or enhancing credit limits. CMA report has to be done with due diligence and hence can be a hassle if one doesn’t know how to prepare the CMA reports. We at TN Finance have experts who prepare the best CMA reports that are well rounded. CMA report preparation by businesses applying for loans ensures banks the effective use of previous funds. It also helps conduct analysis and evaluation of further eligibility of the businesses for getting additional credit. Businesses require CMA reports for applying for project-related loans, long term loans and increasing the working capitals

Steps involved in the preparation of CMA reports

Existing loan and credit report

The first step involved in the preparation of the CMA report is the collection of particulars for existing credits and loans along with disclosure of current fund and non-fund liabilities

Financials preparation

Financial preparation for CMA includes obtaining the company’s operating statement, profit and loss accounts, balance sheet audit reports and other important revenue and analysis statements.

Working capital changes & ratio analysis

We prepare changes in working capitals and do ratio analysis by keeping track of the current assets, liabilities, their increase and decrease and make use of pre-existing formulas to calculate the capital ratio.

Calculation of MPBF

Finally, the MPBF (Maximum Permissible Bank Finance) is calculated to fix the working capital finance limits for the business.