कोलेटेरल फ्री लोन

कोलेटेरल फ्री लोन:



Availability of finance for Term Loan and Working Capital is a critical input for starting any MSME. The Ministry of MSME has launched a scheme viz. CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) to provide Collateral Free Loans up to Rs. One crore. CGTMSE, Mumbai set up jointly by Ministry of MSME and SIDBI, provides guarantee to the lending institutions. The enterprise has to pay guarantee fee in addition to interest.

For further details:
http://www.dcmsme.gov.in/schemes/sccrguarn.htm 

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