Question 1

What is a CMA report and why is it required for bank loans?

Accepted Answer

A CMA (Credit Monitoring Arrangement) report is a comprehensive financial statement that banks require to monitor the financial health of borrowers. It includes balance sheets, profit & loss statements, ratio analysis, and fund flow statements to assess creditworthiness and working capital requirements.

Question 2

How long does it take to prepare a CMA report using Finxora?

Accepted Answer

Finxora's automated CMA software calculates financial ratios, prepares comparative statements, and formats everything to banking standards from the figures you enter, so preparing a complete bank-grade CMA report is a matter of data entry plus review.

Question 3

What financial ratios are included in a CMA report?

Accepted Answer

A CMA report includes liquidity ratios (Current Ratio, Quick Ratio), profitability ratios (Net Profit Margin, ROCE), solvency ratios (Debt Equity Ratio, Interest Coverage), turnover ratios, and MPBF calculations. Finxora automatically calculates these ratios for every year in the report.

Question 4

Is Finxora's CMA software approved by Indian banks?

Accepted Answer

Finxora generates CMA reports laid out in the standard format Indian banks use, with ratio analysis, MPBF and fund-flow statements. Each bank assesses loan applications on its own merits, so reports are built to be complete and bank-ready.

Question 5

What documents are needed to create a CMA report?

Accepted Answer

To create a CMA report, you'll need balance sheets for the last 3 years, profit & loss statements, tax returns, bank statements, and details of existing loans. Finxora guides you through uploading these documents and automatically extracts the required data.

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