Frequently Asked Questions
About upgradeMSME
What is UpgradeMSME?
UpgradeMSME is a financial consultancy that helps MSMEs secure loans, manage banking processes, and stay compliant with financial regulations. We make banking simple and hassle-free for business owners.
Who can benefit from your services?
Any Micro, Small, or Medium Enterprise (MSME) that needs loan approvals, financial reports, or compliance assistance can benefit from our services. Startups, growing businesses, and established firms can all use our expertise.
How is UpgradeMSME different from a Chartered Accountant (CA)?
CAs focus mainly on taxation & audits, whereas we specialize in loan approvals, banking compliance, and financial documentation for banks. Our expertise helps you secure funding faster and on better terms.
Loan & Banking Services
Yes! We help MSMEs get new loans, renew credit limits, and negotiate better terms by preparing bank-compliant financial reports.
Absolutely! We handle loan renewals, update documents, and ensure bank compliance to prevent delays.
Yes! We analyze the reasons for rejection, fix issues, and reapply with a stronger case to improve approval chances.
We prepare:
CMA Data – A bank-required financial analysis for loan approvals.
Project Reports – For business expansion loans.
Stock Statements – Monthly reports for Cash Credit (CC) limits.
Provisional Balance Sheets – Interim financials when banks request them.
ROC Charge Creation – Legal filing for asset-backed loans.
Yes, we handle loan applications with multiple banks simultaneously, ensuring faster approvals.
Yes! We simplify banking terms so MSME owners can make informed decisions.
We handle all paperwork and structure documents in a way that banks approve quickly.
We follow up with the bank, resolve queries, and ensure faster loan processing
Compliance & Legal Services
We ensure compliance by handling:
Timely GST filings (avoid penalties)
ROC charge creation (for legally securing loans)
Loan agreement reviews (to protect your interests)
Legal guidance for banking & loan documentation
Banks reduce your Cash Credit (CC) limit, leading to cash flow issues and penalties. We ensure timely submission to avoid this.
We file mandatory ROC reports and register loan charges with the ROC to ensure legal security for your business and lenders.
Business Growth & Loan Success
We ensure faster approvals by:
✔️ Structuring financials as per bank standards
✔️ Preparing strong CMA & Project Reports
✔️ Negotiating better terms with banks
Yes! A low CIBIL score leads to higher interest rates or rejection. We guide MSMEs on improving their credit profile before applying.
Yes! We optimize financial projections and structure documents to improve approval chances.
Profitability alone isn’t enough. Banks also check:
✔️ Financial ratios (Debt, Liquidity, Turnover, etc.)
✔️ Compliance (GST, ROC, Stock Statements, etc.)
✔️ Proper financial documentation
We fix these issues before reapplying.
Pricing & Payment
We don’t charge fixed fees. Instead, we offer:
✔️ 50% OFF on your last year’s service bill.
✔️ 50% OFF on a competitor’s quote (even if not billed).
✔️ Best possible pricing if no past bill is available.
Every MSME is different. We consider:
✔️ Business size – ₹50 lakh vs. ₹50 crore turnover isn’t the same.
✔️ Loan portfolio – ₹10 lakh vs. ₹10 crore loans require different effort.
✔️ Financial health – Well-maintained books take less time; irregular books need more care.
Yes! We provide flexible payment options based on your financial cycle.
✅ Lower costs – We charge 50% less than competitors.
✅ Better loan terms – We negotiate lower interest rates.
✅ No penalties – We ensure timely compliance to avoid fines.
Getting Started
Generally, we require:
✔️ Financial Statements (Balance Sheet, Profit & Loss)
✔️ GST Returns (for compliance services)
✔️ Loan-related documents (for funding assistance)
Our team will guide you based on your needs.
Just Click “Get Support” in Home page and submit the details or contact us directly.
Yes! We offer a free consultation to understand your business and how we can help.
📧 Email: grow@upgrademsme.com
📞 Phone:+91-787-166-3112
🌐 Website: www.upgrademsme.com