How can you get a loan under CGTMSE Scheme?

September 12th, 2011

 
Two years back I posted a blog “CGTMSE – Collateral Free Loan Scheme”. It still attracts comment. The fact is many don’t get it. In fact of all those who commented two seemed to have got or getting CGTMSE Loan and they shared the information here. My special thanks to Nitin Shukla and Sowman Lala. They are the inspiration for this blog post.
 

My friend cannot hound me in my nightmares!

September 9th, 2011

 
Being a consultant has a few fringe benefits. You get to meet some really nice people. Some other times you get to interact with someone who would make you feel why are you doing whatever you are doing. Since I am in a philanthropic mood let me just call it a waste of time.
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Poor CGTMSE Scheme!!

April 18th, 2011

 
CGTMSE Scheme is great! I have seen eligible entrepreneurs benefited. I was party to four such loans in the past one year. But Entrepreneurs seem to assume it is their prerogative. I receive quite a few calls these days on CGTMSE and most of the case are not fit enough to approach the banks under CGTMSE Scheme. Please read this blog post. This throws lot of light on CGTMSE Scheme.
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Happy New Year 2011

December 31st, 2010

 Hi All,
 
Wish you all a very Happy New Year. May all your dreams come true.
 
A Few New Year Pledges.
 
1) Updating my ebook on “Financing Options for SMEs”
2) A new ebook on Financial and Legal Due Diligence for people to use.
3) At least 500 documents, agreements, resolutions etc for SMEs to download.
4) At least a hundred spreadsheet templates for use of SMEs
 
Best Wishes
 
Srikanth

Financing the Growth – Risk Capital Fund for MSMEs from SIDBI- II

November 11th, 2010

 When I wrote the first part of this post, I was hoping for one email asking for details. But, I was overwhelmed by the response. I over achieved by 100% I received two mails!! It was heartening! Hence I decided to write a sequel. This time, on the process involved and the scope of this mode of funding. Previous post gives a general intro.
 
The Process
 
Since this scheme does not have fixed norms, unlike standard Term Lending or Working Capital Finance, you have to project pragmatic financials and provide a compelling story board. Read the rest of this entry »

Loan Calculator

November 7th, 2010

 
It’s raining. No family time on a Sunday Evening. I was trying to zero in on 20 key words for optimising my client’s web site. No. I am not in SEO business. I was just trying to arrive at key words to dump it on someone else’s lap. Brainstorming as part of our holistic strategic consulting.
 
I chanced on the fact that “Loan Calculator” is searched a million times a month!
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Happy Diwali

November 5th, 2010

diwali greeting

Happy Diwali

from SMB Enablers

May the divine light of Diwali spread into your life
Lighting up with peace, prosperity, happiness and health

Cordially
Srikanth Gopalan

http://smbenablers.com/

Financing the Growth – Risk Capital Fund for MSMEs

October 30th, 2010

Just the other day I met a prospect. Three professionals joined together and are running a successful company supplying materials to lot Tier-I corporates. Three years in existence, impeccable YoY growth in top line and bottom line. Clean and above board.
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On a lighter vein

August 18th, 2010

Haven’t been blogging for a while and I thought it is about time to restart. What to write? Private Equity, Venture Funding, Loan Syndication, CGTMSE, Collateral, no Collateral, Hand holding companies during due diligence as an outsourced CFO and our wild card new addition - conceptualization to execution of Internet Marketing and Inbound Lead Generation – What to write? Read the rest of this entry »

Google Adwords Courtesy to SMEs

June 5th, 2010

Just a small post to add this information. If you are an SMB with online presence, Google gives free Adwords credit of Rs.2500/- Just call 1860 266 6622 and register in the Adwords platform of Google in India. http://adwords.google.co.in/

It may be pittens, but it is a start. It could be a good medium if you have a budget of Rs.200 per day, at least