Preparation Of Detailed Project Report & Bank Finance

A Project Report is a written document which provides details on the overall picture of the proposed business. The project report gives an account of the project proposal to ascertain the prospects of the proposed plan/activity. It contains data on the basis of which the project has been appraised and found feasible. It consists of information on economic, technical, financial, managerial and production aspects. It enables the entrepreneur to know the inputs and helps him to obtain loans from banks or financial Institutions.

Bank Finance is considered as the life-force of industry. Without getting adequate finance industrial development is not at all possible. Due to the lack of adequate finance, industrial development could not achieve a significant position and shape. Industries require short term, medium term and long term finance for meeting their requirements of fixed capital expenditure and also to meet their working capital needs.