CMA Report and Project Report are both required by banks, but they serve different purposes. Here's how to understand the difference.

• CMA Report:
  Focus: Working Capital Assessment
  Based on past financials and future projections
  Includes ratios, DSCR, MPBF, operating cycle
  Used mainly for cash credit, OD, and working capital loans
• Project Report:
  Focus: New Business or Project Viability
  Includes business model, cost of project, means of finance, revenue model
  More detailed and narrative in nature
  Used for term loans and startup funding
• Which One Do You Need?
  For a running business loan = CMA Report
  For a new project or startup loan = Project Report

At CMADataOnline, we help you with both. Get your CMA or Project Report delivered within 24 hours. [Chat with us now!]