Bank Credit
CMA Data Preparation
CMA data is how a bank reads your working-capital story: what you have done, what you owe, what you expect to do, and how much of that cycle needs funding. It is prepared from your actual financials — not written around a number you want.
- Built from filed financials, not from a desired limit
- Working-capital cycle assessed from your own operating data
- Fund flow and ratios prepared in the lender's format
- Prepared under a Chartered Accountant's review
- Working capital
- Fund flow
- Ratios
- Bank format
Prepared deliverable
CMA Data
On quotescope-based
- Prepared for
- Bank credit proposal
- Reviewed by
- Chartered Accountant
- Periods covered
- Historical + projected
- Format
- Per lender requirement
- Historical financial data
- Existing borrowing position
- Projected turnover
- Working-capital assessment
- Fund flow statement
- Ratio analysis
- Borrowing requirement working
- Lender-ready presentation
CMA data presents your position in the format banks assess. It does not itself sanction, guarantee or determine any limit — that assessment is the lender's.
History
From financials
Cycle
Assessed
Ratios
Computed
Format
Bank-ready
Professionally reviewed by CA Suraj SoniLast reviewed
Is this right for you?
Do you need CMA data or a project report?
CMA data, if you are
- applying for cash credit or an overdraft limit
- renewing an existing working-capital facility
- seeking an enhancement of current limits
- asked by your bank for CMA data in their format
- an operating business with historical financials to present
- supporting a term-loan proposal that also needs working capital
A project report, if you are
- setting up a new unit or a new line entirely
- applying for a term loan against a defined project
- applying under a scheme that prescribes a project report
Many proposals need both. Where that is the case, we prepare them together so the projections in each are consistent with the other.
What CMA data actually is.
CMA — credit monitoring arrangement — data is a set of structured statements banks use to assess a working-capital proposal. It runs your audited or filed historicals alongside projected performance, sets out current assets and current liabilities, derives the operating cycle and the working-capital gap, and computes the ratios the appraising officer will look at. The value is not in the format itself, which is standard, but in whether the projections are defensible and consistent with your filings.
Grounded in filings
Historical figures are taken from your filed financials, so nothing has to be explained away later.
Cycle-driven
The requirement is derived from your actual operating cycle rather than from the limit you would like.
Ratio-aware
The ratios the bank computes are computed first, so the position is known before submission.
Lender format
Prepared in the statement set and format your bank works with.
Bank credit / CMA flow
How a working-capital requirement is actually derived.
The limit is an output, not an input. It falls out of your historical performance, your existing obligations, the turnover you can justify and the cycle your business runs on. Working in that order is what makes the set defensible in appraisal.
- 01
Historical financials
BasePast years restated into CMA format and reconciled with your filed financial statements and returns.
- 02
Existing borrowings
ObligationsFacilities held, outstanding balances, security offered and repayment commitments already in place.
- 03
Projected turnover
AssumptionSales projection on a basis you can explain — order book, capacity, past trend — not a number chosen to justify a limit.
- 04
Working capital
CycleDebtors, inventory and creditors projected, and the operating cycle derived from them period by period.
- 05
Fund flow
MovementSources and applications across the periods, showing how the business has been and will be funded.
- 06
Ratios
AppraisalThe ratios used in credit assessment, computed and presented — so the position is known before the bank computes it.
- 07
Borrowing requirement
GapThe working-capital gap and the resulting requirement, derived from the cycle rather than asserted.
- 08
Lender presentation
SubmissionThe complete set assembled in the bank's format, with assumptions documented for the appraisal discussion.
CMA data does not by itself sanction or guarantee any limit. Assessment norms, margins and acceptance differ by bank and facility, and the decision remains entirely with the lender.
What the CMA set contains
Historical financials
Past years presented in CMA format, reconciled to your filed statements and returns.
Existing borrowings
Current facilities, outstanding balances, security and repayment obligations set out clearly.
Projected turnover
Sales projection built on an explainable basis — order position, capacity and past trend.
Working-capital assessment
Current assets and liabilities projected, and the operating cycle derived from them.
Fund flow statement
Sources and applications across the periods, showing how the business is funded.
Ratio analysis
The ratios used in appraisal, computed and presented alongside the statements.
Borrowing requirement
The working-capital gap and the resulting requirement, derived rather than assumed.
Lender presentation
The full set assembled in your bank's format, ready for submission with the proposal.
Who needs CMA data
Businesses seeking cash credit or OD
Where the bank assesses a working-capital limit against the operating cycle.
Existing borrowers at renewal
Annual renewal of limits generally requires an updated CMA set.
Businesses seeking enhancement
Where growth in turnover supports a larger limit and has to be demonstrated.
Term-loan applicants with a working-capital component
Where both a project and an operating requirement are being funded.
Traders and manufacturers with long cycles
Where inventory and receivables lock up capital between purchase and collection.
Businesses switching lenders
Where a fresh appraisal is being undertaken by a new bank.
What we need to prepare CMA data.
- Audited or finalised financial statements for the last two to three years
- Provisional financials for the current year, where the year is open
- Income-tax returns and computations as filed
- Trial balance and ledger detail, where clarification is required
How CMA data is prepared.
Historicals first, projections second — in that order, because the bank reads them together.
- 01Start
Requirement discussion
Facility sought, bank involved, existing limits and the timeline for submission.
- 02Inputs
Financial data collection
Filed financials, returns, bank statements and current facility documents.
- 03Base
Historical restatement
Past years restated into CMA format and reconciled to what has been filed.
- 04Assumptions
Projection basis
Turnover and cost projections agreed with you, on a basis you can explain to the bank.
- 05Working
Working-capital assessment
Current assets and liabilities projected, cycle derived and the gap computed.
- 06Review
Ratios & review
Ratios computed and the overall position reviewed before the set is finalised.
- 07Delivery
Delivery
Complete set delivered in the bank's format, with the assumptions documented for discussion.
Renewal or enhancement coming up?
Start the CMA set before the deadline, not during it.
Deliverable
What you receive.
- 01
Particulars of existing and proposed limits
IncludedFacilities held, outstandings and what is being sought.
- 02
Operating statement
IncludedHistorical and projected performance in CMA format.
- 03
Analysis of balance sheet
IncludedAssets and liabilities restated across the periods covered.
- 04
Comparative statement of current assets & liabilities
IncludedThe basis on which the working-capital position is assessed.
- 05
Working-capital assessment
IncludedOperating cycle, gap and resulting requirement, with the working shown.
- 06
Fund flow statement
IncludedSources and applications of funds across the periods.
- 07
Ratio analysis
IncludedKey ratios computed and presented for appraisal.
- 08
Assumption notes
IncludedThe basis of the projections, stated so they can be discussed with the bank.
- 09
Project report
On requestWhere the same proposal includes a term or project component.
- 10
Revisions for lender queries
On requestAdjustments where the bank asks for a change in basis or format, scoped on request.
- 11
Accounts clean-up before preparation
On requestWhere books need correction before CMA data can be prepared reliably.
The exact statement set follows your bank's requirement. Where they supply a template, we prepare within it.
CMA data pricing
Fees depend on turnover, the number of periods and facilities involved, the state of the underlying books and whether a project report is required alongside. We review and quote before starting.
Professional fee
On quotescope-based
Fees are quoted in writing after a scope review. Government / statutory fees at actuals.
Professional fee
MYFINTAX feeSet by turnover scale, number of periods and facilities, and the reconciliation work involved.
Statutory amounts
StatutoryAny bank processing, documentation or inspection charge is payable by you to the lender directly.
Variable scope
VariesProject report, accounts clean-up and revisions arising from lender queries are quoted separately.
No limit, sanction or approval is promised. CMA data presents your position in the format banks assess; the assessment itself is the lender's.
Project Report vs CMA Data
| Parameter | Project Report | CMA DataThis service |
|---|---|---|
| Purpose | Establish that a project is viable and can service debt | Present the working-capital requirement of an operating business |
| Typical use | Term loan, new unit, expansion, scheme application | Cash credit, overdraft, limit renewal or enhancement |
| Financial focus | Project cost, means of finance and projected performance | Historical performance, current assets and liabilities, fund flow |
| Projection depth | Full projected P&L, balance sheet and cash flow with assumptions | Projected turnover and working-capital build-up in prescribed statements |
| Banking relevance | Appraisal of the project and its debt-servicing capacity | Assessment of the limit the business can be considered for |
| Output | Narrative report with schedules and viability commentary | Structured statements in the lender's CMA format with ratio analysis |
Where a proposal has both a project and a working-capital component, the two are prepared together so the projections agree.
Banks read your compliance record too.
Filed returns, GST records and clean books are what CMA figures are checked against. Keeping them current shortens appraisal.
- Company Registration
- Accounting
- GST
- GST Returns
- TDS
- Income Tax
- ROC Compliance
- Trademark
- Startup India
- Virtual CFO
What goes wrong most often
Working backwards from a desired limit
A projection reverse-engineered to justify a number rarely survives the cycle and ratio checks.
Projections inconsistent with filings
Where CMA historicals differ from filed financials or GST returns, the difference has to be explained.
Optimistic turnover growth
A sharp jump with no order book or capacity to support it is the most commonly questioned assumption.
Ignoring the operating cycle
The requirement follows from debtor, inventory and creditor days. Guessing the cycle produces the wrong number.
Omitting existing obligations
Undisclosed facilities and repayment commitments surface in the bank's own checks.
Leaving it to the last week
Renewals have deadlines. Preparation started late usually means a rushed set and avoidable queries.
Why MYFINTAX
CA-led judgement
Your position is reviewed by a Chartered Accountant, not simply pushed through a portal form.
End-to-end responsibility
One team from documentation and filing to the notices and compliance that can follow.
Transparent scope
You know what is professional fee, what is statutory and what varies before you commit.
Business-first advice
Advice is given against your actual operations, not as a generic default.
Continuity
Accounting, GST, TDS, payroll, ROC and CFO support sit in the same ecosystem when you need them.
“MYFINTAX has been a true partner in our compliance journey. From GST filings and ROC annual returns to trademark registration, everything is handled professionally and on time. Their proactive approach has helped our creative brand stay protected and compliant.”
Snehal Tripathi
Director, Roboto Studio Pvt Ltd
“Our export compliance, IEC, and legal structuring were managed end-to-end by MYFINTAX. Their expert guidance on Startup India registration and tax exemption eligibility was particularly valuable for our global trade operations.”
Shweta SK Tirkey
Director, ArchAngel Exim Private Limited
“As a financial services business, MYFINTAX's assistance with DPIIT recognition, income tax filings, and trademark protection gave us the right support for our growth journey. Their team understands the nuances of regulatory compliance and startup taxation and provides practical guidance whenever required.”
Nitin Nashine
Director, GISA Insurance Brokers Limited
FAQs
CMA Data Preparation — questions founders ask
Still unsure? A short call with a Chartered Accountant is usually faster than reading one more page.
CMA Data
Present your working-capital case properly.
Share your financials, existing facilities and the limit you are seeking. We will restate the historicals, derive the requirement from your cycle and prepare the set in your bank's format.
CA Suraj Soni · Chartered Accountant · Founder, MYFINTAX
Content reviewed for current regulatory and procedural relevance on .
CMA data is a structured presentation of historical and projected financial information for credit appraisal. Assessment methods, margin requirements, ratio expectations and formats differ by bank, facility and borrower profile, and are applied by the lender.
Content is for general informational purposes and does not constitute case-specific professional advice. Requirements, fees and processing depend on your facts and current Government procedure.