What is CMA Data

Full form of CMA data is Credit monitoring Arrangements . Bank ask for CMA data if we want to take loan from bank. In CMA data Normally we have to provide 5 Years comparative financial .first and second year’s figure represent audited data third year provisional and Ret Fourth and fifth year represent projection of the business. In preparation of CMA Data, ratio analysis is very important. The CMA Data must be prepared with due care. Bank approve or reject Loan application on the basis of Ratio and projections .