Cgtmse loan: For e

For e.g. MSE unit is financed by term loan from State financial institution and Working capital from a commercial bank. However, sharing of securities will not be permitted. CGTMSE is a Government of India scheme launched in the year 2000 in collaboration with the Small Industries Development Bank of India (SIDBI). CGTMSE offers loans to Micro and Small Enterprises (MSEs) without any collateral or third-party guarantee. Learn about the CGTMSE scheme, a government initiative that provides credit guarantees to lending institutions for loans to micro and small businesses. Find out the benefits, eligibility, documents, and application process of the scheme. Ministry of Micro, Small and Medium Enterprises, GoI and Small Industries Development Bank of India (SIDBI), established a Trust named Credit Guarantee Fund Trust for Micro and Small Enterprises ( CGTMSE ) to implement Credit Guarantee Fund Scheme for Micro and Small Enterprises. The corpus of CGTMSE is being contributed by GoI and SIDBI.