Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)

The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) was jointly established by the Ministry of Micro, Small & Medium Enterprises (MSME), Government of India, and the Small Industries Development Bank of India (SIDBI). Its main objective is to catalyze the flow of institutional credit to Micro & Small Enterprises (MSEs).

CGTMSE allows businesses to avail of collateral-free loans up to a maximum of Rs. 500 lakhs. This significantly reduces the dependency on third-party guarantees or collateral securities, thereby empowering entrepreneurs and small businesses to secure credit more easily.

Key Features of CGTMSE

• Collateral-free loans up to Rs. 500 lakhs.
• Coverage includes term loans and working capital facilities.
• Applicable for both new and existing Micro & Small Enterprises.
• No third-party guarantee required.
• Promotes entrepreneurship and encourages first-generation entrepreneurs.

Eligibility

Both new and existing Micro and Small Enterprises engaged in manufacturing or service activities (excluding educational institutions, training institutes, and self-help groups) are eligible under the CGTMSE scheme.

How ANDCapita Helps

At ANDCapita, we assist businesses in navigating the CGTMSE scheme effectively. With our strong network across various banks, we ensure that you can secure collateral-free loans at competitive rates to support your business growth.