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Project Report on Bank Loan Interests Rates
Project Report on Bank Loans
Project report is a document that is required to submit to the project report on bank for a loan. Project report is required for both the conditions whether it is a new project, or existing project. To get sanction for the loan, you need to describe your whole project to the bank.
These are the following points that should be mentioned in your project report. The format of the project report is given below, these points are important to be written in the project report for the bank.
Introductory page: In the introductory page an introduction of your enterprise should be written.
Summary: Summary does means that the prompt of the whole project
Details about the promoters: All the details about the promoters include their qualifications, work experience and knowledge of the field.
Details of employees: Details of the employees are required for the project report. Their educational qualifications, Work experience and details about the top management should also be written.
Details about Infrastructure: The conditions of the operational premises and what all are used Types of machinery used in the business should also be mentioned.
Details about customer: Information about customers should be professionally written like the types of customers you have targeted for selling your business items.
Regional operations: List the branches you have opened and the region you covered should be mentioned in your project report for a loan.
Fiscal acquisitions and tie-ups: With whom you have done the tie-up or which stock or acquisition you have taken.
Means of financing: The financing of the business can be done by the financial corporation or the business partners or somewhere else.
Balance sheet: what areas and fields the spending has been done. Thus, all the accounts of the business will be seen on this balance sheet.
Profit and loss statements: if the business is making any profit or loss the statements should be shown to the bank and mentioned in the report.
Fund flow statements: The funding given by any corporation or government and where it is used and in what fields of business the funding is flowing should be mentioned in the project report.
Conclusion: In this conclusion your whole project report in the short paragraph not more than two pages.