What is A CGTMSE loan?
Our bank provides CGTMSE to support micro and small enterprises by providing credit facilities without the need for collateral. This can help you access funding for business expansion, working capital, and more
Types of Loans Under CGTMSE
Term Loans: These are loans for purchasing assets like machinery, equipment, or property for business use.
Working Capital Loans: These help businesses manage daily operational expenses like inventory, salaries, and raw materials.
Composite Loans: A mix of term loans and working capital loans for comprehensive business needs.
Benefits of CGTMSE
Collateral-Free Loans: Encourages lenders to provide financial assistance without asking for security.
Boosts Small Businesses: Helps entrepreneurs start or expand their businesses.
Accessible for New Businesses: Suitable for first-time entrepreneurs and startups.
Covers Risks: Lenders are assured as the scheme provides a credit guarantee, reducing the risk of default.
Government Support: Comes with favorable terms and conditions, making it an attractive option for MSEs.
Why Choose Us?
If you’re representing a lender or financial institution, here’s what you can highlight:
Quick and Transparent Processes: Fast loan approvals with clear terms.
Tailored Loan Plans: Customized financial solutions for different business needs.
Expertise in Handling CGTMSE Applications: Ensuring smooth and efficient application processing.
Dedicated Support: End-to-end guidance for entrepreneurs through every step.