Project Report for Loan

In order to get a business secured new project report loans from bank for a new startup or existing business, the borrower should submit the project report for loan with the bank. All the necessary requirements and official documents have to be submitted with the project report.

1. ProjectReportforLoan
Inordertogetabusinesssecurednewprojectreportloansfrombankforanew
startuporexistingbusiness,theborrowershouldsubmittheprojectreportforloan
withthebank.Allthenecessaryrequirementsandofficialdocumentshavetobe
submittedwiththeprojectreport.
Theprojectreportmustberepresentedinsuchawaythatentailsthewholeideaof
thebusinessinshortanduptothepointthatcanbeeasilyunderstoodbythelender.
Further,discussedarethecomponentsoftheprojectreportrequiredtobe
submittedinordertoavailbusinessloan.
KeyComponentsofProjectReport
●Inthebelow,letusexaminethemajorcomponentsrequiredforpreparinga
projectreportforsecuredloan:
●Introductorypage:Givetheintroductionofthebusiness,aimwithitspurpose.
●Summaryoftheproject:Summaryoftheprojectshouldconsistoftheoverall
statusofthebusiness
●Scopeoftheproject:Itmustentailthepercentageofworkthathasbeen
planned
●Detailsofpromoters:Thedetailsofthepromotersandtheireducational
qualificationsandworkexperienceandsoon.

2. ●Infrastructurefacilities:Informationaboutinfrastructurefacilitiesshouldalso
bementionedlikewhetherthetoolshavebeendeployedornot.
●Meansoffinancing
●BalanceSheets:
●ProfitandLossStatements
●FundFlowStatement
●Break-EvenPointsEvaluations
●Conclusion