Tax, GST, IP, bank loans & compliance — under one roof.

CMA stands for Credit Monitoring Arrangement. It is a structured set of past actuals and future projections that banks use to assess your business’s repayment capacity for working-capital and term loans. A standard CMA file has seven schedules: particulars of existing fund-based and non-fund-based limits, operating statement (past 2 years actual, current year estimate, next 2–3 years projections), analysis of balance sheet, comparative statement of current assets and current liabilities, calculation of MPBF (Maximum Permissible Bank Finance), fund-flow statement, and key financial ratios. Every bank in India that lends above ₹25 lakh in working capital expects CMA data in a prescribed Excel format. We prepare this in your bank’s specific template (SBI, PNB, Bank of Baroda, HDFC, ICICI all have slight variations).

For an existing business with clean books, audited financials and updated GST/ITR filings, we deliver a complete CMA + project report package in 5–10 working days. For new units (greenfield projects), where we need to build market study, equipment quotations, supplier tie-ups, and detailed cost projections from scratch, timelines run to 2–4 weeks. Complex matters (TEV studies, large term loans above ₹25 crore, multi-product manufacturing, export-oriented units, restructuring proposals) take longer because they need site visits and detailed industry benchmarking. We agree the timeline in writing before starting, and we don’t bill until the bank accepts the file.

MUDRA (Micro Units Development & Refinance Agency) is for micro and small enterprises and has three slabs — Shishu (up to ₹50,000), Kishor (₹50,000 to ₹5 lakh), and Tarun (₹5 lakh to ₹20 lakh). It is collateral-free up to its limits and is offered by virtually every Indian bank. CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) is a credit-guarantee scheme — banks lend, and CGTMSE guarantees up to 75–85% of the loan against default. Collateral-free MSME loans can go up to ₹5 crore under CGTMSE’s revised limit. PMEGP (Prime Minister’s Employment Generation Programme) is a subsidy scheme — new manufacturing units get up to 35% government subsidy, services units up to 25%, with the balance funded by a bank loan. We assess which scheme suits your case (existing vs new unit, sector, location) before recommending the application route.

Yes, but with realistic expectations. A CIBIL score below 700 makes scheduled commercial banks (SBI, PNB etc.) more cautious; below 650 closes most private banks. The path then runs through (a) NBFCs and small-finance banks with higher risk appetite, (b) secured loans against property, gold or fixed deposit, (c) government-guaranteed schemes like CGTMSE where the credit officer leans on the guarantee rather than score alone, and (d) active CIBIL rectification — reviewing your report, raising disputes for incorrect entries, closing stale loans and credit cards, regularising overdues. We do the rectification work in parallel with the loan application so by the time the bank pulls a fresh score, it has improved. Expect 90–180 days for meaningful score recovery.

The bank’s base file looks for four bundles. (1) Identity & constitution: PAN of the firm and promoters, Aadhaar of promoters, MOA/AOA / partnership deed / LLP agreement, GST registration certificate, Udyam (MSME) certificate, IEC if exporting. (2) Financial health: 3 years ITR with computation, audited balance sheet, P&L and notes for the same years, current-year provisional financials, GSTR-1 / GSTR-3B / GSTR-9 of last 12–24 months, Form 26AS, AIS / TIS. (3) Banking record: 12–24 months bank statements with EMI track record, existing loan sanction letters and outstanding balances, drawing-power statements for working-capital limits. (4) Collateral & promoter: property title documents, EC, mutation, valuation report (where applicable), promoter net-worth statement, personal guarantees, CIBIL pull, family-member ITRs (often asked for SME loans).

MPBF stands for Maximum Permissible Bank Finance. It is the cap on how much working-capital finance a bank will extend, calculated under the Tandon Committee’s norms. Two methods are routinely used. Tandon Method I: MPBF = 75% of (Current Assets − Current Liabilities other than bank borrowing). The borrower funds the remaining 25% as margin. Tandon Method II: MPBF = 75% of Current Assets, minus Current Liabilities other than bank borrowing. The borrower must fund at least 25% of current assets from long-term sources. Method II is the bank’s default for loans above ₹10 crore working capital. Above ₹100 crore, banks also assess under the Nayak Committee’s 20% turnover method. We model your working-capital gap under each method and present the most favourable assessment in the CMA file.