Overview
Applications to banks and financial institutions succeed or stall on the quality of the financial information behind them. The firm helps borrowers prepare that information — financial statements, projections, CMA data and supporting schedules — and coordinates with lending teams on documentation queries.
The firm's role is advisory and documentation support on behalf of its client. Credit decisions, pricing, security and timelines are determined solely by the lender.
When it is typically needed
- Preparing a new working capital or term loan proposal
- Responding to a bank's queries during appraisal or renewal
- Planning trade finance facilities for imports or exports
- Organising financial records and projections for a project finance application
Scope of work
Loan advisory
- Business loans, working capital and term loan assistance
- Documentation support for individuals' home and personal loan applications, such as income computations and financial statements
Project finance
- Project finance advisory
- CMA data and DPR support
- Bank proposal preparation
Documentation support
- Loan documentation
- Financial statements and projections
- Bank correspondence
Bank coordination
- Coordination with banks, financial institutions and lending teams on documentation requirements
Trade finance
- Advisory on trade finance facilities and the related documentation
Terms explained
For readers less familiar with Indian tax and regulatory terminology.
- Working capital limits
- Short-term bank facilities such as cash credit or overdraft, sized to finance inventory and receivables.
- Term loan
- A loan repayable over a fixed schedule, typically used to finance fixed assets or projects.
- Drawing power
- The amount a borrower may draw from a working capital limit, usually computed from current assets after the bank's margin.
- Trade finance
- Bank facilities that support import and export transactions, such as letters of credit, bank guarantees and export credit.
Scope and limitations
- No assurance is given that any loan, limit or facility will be sanctioned or disbursed, or on what terms.
- The firm acts for its client; it does not act on behalf of any lender.