Project Finance Consultants — CA Certified, Bank-Ready Reports

Sharda Associates is a Bhopal-based CA firm led by CA Experts, providing end-to-end project finance consultancy for MSMEs, startups, manufacturing units, agro-entrepreneurs, and corporates across India. From the first consultation to final bank sanction — we prepare your Detailed Project Report, CMA data, financial projections, and funding proposal in formats accepted by all scheduled banks and government scheme portals.

CMA Report for bank loan

As your project finance consultant, we go beyond documentation. We analyse your project’s financial viability, calculate DSCR and repayment capacity, identify the right loan scheme and bank for your specific business — and prepare a proposal that passes credit committee scrutiny the first time.

Finance Schemes We Specialize In

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Get Your Project Finance Consultation — Same Day Response

Tell us your project type, loan amount, and target bank or scheme. CA Experts team will assess your case and recommend the right financial structure — on the same call.

Key Participants in Project Finance

Every large-scale project finance transaction involves multiple stakeholders. Understanding each participant’s role helps businesses structure their project more effectively — and present a stronger case to lenders.

Sponsor

Project sponsors are the entities — individuals, companies, or joint ventures — that initiate and own the project. They contribute equity capital, take on project risk, and are responsible for the project company's obligations to lenders and other stakeholders. In MSME and PMEGP/CMEGP contexts, the promoter acts as the project sponsor.

Construction contractor

The construction contractor is responsible for designing, building, and delivering the physical project infrastructure within the agreed budget and timeline. In project finance, a fixed-price, turnkey EPC (Engineering, Procurement, Construction) contract with penalty clauses for delays is the preferred structure — because it protects lenders from cost overruns. ---

Feedstock supplier

Feedstock suppliers provide the raw materials required for the project's operations — whether crude oil, agricultural produce, minerals, or other inputs. In project finance appraisals, banks assess whether feedstock supply is secured through long-term agreements and at what price certainty, since supply disruption is a key project risk.

Project off-taker

An off-taker is the entity that has contracted to purchase the project's output — electricity, processed goods, services, or other products. Long-term off-take agreements significantly improve a project's bankability because they demonstrate revenue certainty, which directly supports DSCR projections and lender confidence.

Equity investors

Equity investors provide capital in exchange for ownership stake in the project company. In structured project finance, a minimum promoter contribution (typically 25–35% of project cost) is required before lenders sanction debt. For PMEGP and CMEGP, the promoter contribution requirement is 5–10% depending on category. The remaining funding comes from bank debt and government subsidy.

Operator

The operator is responsible for managing the project's day-to-day operations after construction is complete. In manufacturing and infrastructure projects, the operator may be the promoter company itself or a specialized operations management firm. Lenders assess operator capability as part of technical appraisal.

Lender

The lender — typically a bank or NBFC — provides debt capital to fund the project. In India, major project finance lenders include SBI, PNB, Bank of Baroda, Canara Bank, SIDBI, and NABARD. Lenders hold the project's assets as collateral, require a CA-certified project report meeting their internal credit policy, and release funds in tranches linked to physical project milestones.

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Phases of Project Finance — And How We Help at Each Stage

The project financing process includes three phases, including:

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1. Pre-financing stage

The pre-financing stage is where a project’s viability is assessed before any capital is committed. This stage determines whether the project makes financial sense — and whether a bank will fund it. Sharda Associates handles this stage with

2. Financing stage

The financing stage involves structuring and raising the capital needed to execute the project. This is where documentation quality determines whether your loan gets sanctioned — and at what terms. Sharda Associates handles this stage with:

3. Post-financing stage

The post-financing stage covers everything from the first loan disbursement to final project commissioning and loan repayment. Banks release funds in tranches linked to physical project milestones — and require progress reports at each stage. Sharda Associates handles this stage with:

Our Core Project Finance Services

Every service listed below is delivered by CA Experts and team — with direct experience in bank-funded project reports across manufacturing, agriculture, energy, hospitality, and service sectors across India.

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Detailed Project Report

A complete CA-certified project report covering business overview, promoter profile, market analysis, technical plan, 5-year financial projections, CMA data, DSCR calculations, and repayment schedule. Accepted by all scheduled banks, KVIC, NABARD, SIDBI, and government scheme portals. Starting at ₹2,999. Delivered in 24–48 working hours.

CMA Data Preparation

Credit Monitoring Arrangement (CMA) data is required by banks for working capital CC/OD limit applications. It covers 7 prescribed RBI financial statements — fund flow, cash flow, operating statement, balance sheet projections, and comparative financial data. We prepare CMA data in the exact format required by your specific bank.

Techno-Economic Viability Study

A TEV study is required by banks for large project loans where technical and commercial viability needs independent assessment. It covers technology evaluation, production capacity verification, market demand analysis, and financial viability confirmation. We prepare TEV study reports accepted by SBI, Bank of Baroda, Canara Bank, and other major banks.

Feasibility
Report

A feasibility report assesses whether a proposed project is viable — technically, commercially, and financially. Required for new ventures, capacity expansion decisions, and investor presentations. We prepare feasibility reports that cover market analysis, production economics, financial projections, and risk assessment.

Project Finance Consultants are specialists who assist organizations in planning, structuring, and allocating cash for new or current projects. They create detailed project studies, assess viability, advise on bank loans and subsidies, and ensure that financial planning is correct.

They prepare DPRs, financial projections, CMA data, TEV studies, feasibility reports and assist in getting working capital, term loans, subsidies, and MSME benefits. They also help you understand which loan scheme suits your business.

A consultant reduces time, enhances loan approval prospects, and assures that your project report is bankable. They grasp documents, financial ratios, and government policies better than the majority of candidates.

They write a full and error-free project report, justify loan requirements, calculate repayment ability, compile financial statements, and negotiate with the bank to improve approval prospects.

Basic KYC, business information, loan requirements, machinery list, quotations, turnover statistics, GST filings, bank statements, and project proposal details. The requirements differ depending on the sort of business.