Whether you want to start a new business or a project or you want to expand your existing business, finance is the primary requirement for any business. When you have a great idea but do not have any money to execute it, you could look for loans from banks & financial institutions. While there are many requirements to get a loan from the bank and these requirements vary from bank to bank & according to the amount & type of loan you are looking for, a project report is also a very important document that needs to be prepared for the purpose of loan.