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Every company whether it’s private or public needs fund to run and expand its business. There are two ways to obtain funds – either through loan or through issue of share capital. Loans often require submission of a CMA Report.
CMA (Credit Monitoring Arrangement) reports are special reports presented by the business to Banks, Credit Agencies, and Financial Institutions. These reports show the financial statement of the business, growth objectives and revenue projections. These enable credit lenders to verify and approve businesses for loans.