Every businessperson is looking out for the development of their business for which they need funds, these funding can be obtained from banks and financial institutions.
A project report is a essential document required for bank loans or any other investment. A DPR is a final, detailed appraisal report on the project and a blue print for its execution and eventual operation.
The success of project is measured on the basis of:-
Project report for a bank loan contains details of economic, financial, technical viability of the project.
It contains detailed information about manufacturing capacity per annum, requirements of raw materials, land, and buildings, equipment and machinery with their quantity and price, manpower needs, production, marketing cost of the project, the need of electricity and water, the economic viability of the project, and financial analysis.
1.Enterprise: It specifies the name of the borrower and other basic details.
2.Profile of group: In this section, you need to brief out about promoter profile such as years of existence, field of expertise.
3.Project Proponent: Examine the entity that has primary responsibility for a specific project within the grant proposal. Details of promoter & director include each qualification, work experience, field of expertise and so on.
4.Proposed Shareholding: List down the details of promoter/director or alternative person with following number of shares, amount and percentage.
5.Associate Concern: In this section, information related to any parent company will be briefed.
6.Proposed Management Team: This portion includes details of a particular person of the organization who will be contributing to the growth of the business.
7.Executive summary: It summarizes an entire report in short documentation for business proposal.
8.Description of the Project: Briefly describing business model, addressing all the objectives required for a project plan execution.
9.Statutory Clearance: This section should elaborate the statutory clearances to be obtained from the various authorities. Statutory approvals as per bye laws, master plan, fire safety norms, environmental clearance etc. as applicable for the project are to be taken.
10.Security offered to bank /FI: Define the security that you will be offering to banks and financial institutions.
11. Description of the product:
Product history captures statistics of what products are being purchased most often, its standard and specification of the product and uses and application of the product.
12. Location of the Project: Project location refers to where materials, equipment and any other energy related to equipment are installed and the general area where the work is performed.
13.Market Survey: You need to examine the target set of audience to understand their characteristics, expectations and requirements.
14. Technical Feasibility: You should plan every part of your operation, starting from sourcing your production materials all the way to tracking your sales. This process figures out how you’re going to produce your product or services.
15.Technology & Process Description: Raw materials are transformed into finished products through manufacturing engineering or the manufacturing process.
16.Commercial Viability: It ensures that adequate revenues from project services and from other dedicated sources will cover project capital costs and operations and maintenance.
17. Proposed Schedule for Approval & Implementation: A well-structured proposed implementation schedule identifies and describes what unique and solutions will deliver within certain set of timeframes.
18.Size of Magnitude of Operation: Capacity planning is a process of determining the production required by an organization to meet changing demands and estimating the total funds needed to complete the project. Elaborate your project cost required for business setup.
19. Associated Activities required for the Project: Establish the source required to execute work of the project.
20. Identification of Project: The purpose of project identification is to develop an initial proposal of interventions and course of action, within specific time and budget frames.
21. Financial Viability: Financial viability is the ability to generate sufficient income to meet operating payments, debt commitments and, where applicable, to allow growth while maintaining service levels.
|Cost of Project & Means of Finance|
|Projection of Performance & Profitability|
|Projected Cash Flow Statement|
|Projected Balance Sheet|
|Calculation of Margin Money of WC & Assessment of WC|
|Calculation of Depreciation|
|Calculation on Interest on Term Loan (Monthly)|
|Break Even Point|
|Debt Service Coverage Ratio|
|Calculation of IRR & NPV|
|Cost of Capital|
|Return on Capital Employed|
|Calculation of Interest on Interest Bearing Unsecured Loans|
|Margin on Security & Financial Parameters|
|Future Financial Indicators|
If you want to start a new project or a business or want to enlarge your existing business, funding is necessary for any business.
When you have everything planned for the business, but you do not have funds to execute, then you should go for the bank loans from banks and financial bodies.
Although, there are several needs to take a loan from banks and the requirements differ from bank to bank depending on the amount and type of loan you opt for.
A project report is an important document that requires professionals in terms of experience and qualifications such as Ex-bankers, Chartered Accountants, and other finance professionals with the help of engineers.
Many entrepreneurs find difficulty in making a project report on their own, therefore financeseva came to help you in preparing the best possible detailed project report.
Financeseva allows you to prepare the project report on your own or get an assisted service. Visit the official website, fill in the inquiry form to start the process.
MAKE PROJECT REPORT:
Once you have submitted the inquiry form, you will be asked to submit certain documents.
Thereafter, a dedicated representative will get in touch with you to discuss your business model and other specifications in detail. With your shared input, a detailed project report will be drafted.
You can review all the information in the report before finalizing it. Once you are self-satisfied with the project report you can download it by making the payment, and if needed hard copies will be delivered to you in 3 to 4 working days.
Financeseva has built a web application especially for project report creation. You can create a project report to apply for bank loan, it is a 100% risk-free tool.
Also Read: A complete guide on project report for bank loan