An entrepreneur / industrialist desirous of setting up to his own industry must perform multifarious activities in a logical sequence.
Setting up of industry may be new or an addition to the existing unit.
He must arrange finance for setting up of new industry or addition to existing industry.
He has obtained finance from the Bank or from the market.
Before obtaining finance from the Bank, the Bankers will conduct TEV study.
Setting up of unit involves the following:
Selection of a product
Technical Appraisal
Assistance of Financial Requirement
Arrangement for raw-materials and manpower
Registration formalities
Preparation of Project
Financial Appraisal
Apply for power connection
Installation of plant and machinery and trail run
Preparation of Project Feasibility Study
Economic Appraisal
Construction of factory building
Marketing of products
Market Appraisal
Report Selection / Location and Acquisition of land
Order for plant and machinery
Sales Realisation
Is TEV Study is mandatory for the Banks?
Based on policy of the Bank, the TEV Study limit has been fixed by the Bankers.
TEV study is normally conducted for the loans from Rs. 50.00 lacs and above.
TEV study is mandatory for the loans above Rs. 10.00 crores.
Why TEV Study Report is required for the Bank / Lender ?
When proposal of loan is received from the customer / borrower, the Branch Manager will have to appraise the project to know whether the project is technically and financially viable.
If the Bank lends the money, whether there will be regular repayment of loan.
Whether adequate securities are available and what will be the FMV.
What is the position of financials of the Company.
Why TEV Study Report is required for the Bank / Lender?
Riskalyze will collect the following information / documents from the customer / Bank.
He will study the projections given in the project report.
He will visit the site itverify the land, building, machinery etc as per the projections.
Submit his report of financials and technical aspects of the unit to the Bank with his conclusion
