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.
Archive for the ‘CFO’ Category
Inventory Control Workbook for Real Estate Companies
Friday, March 12th, 2010Often SMEs operating in the arena of real estate development face a peculiar problem. They normally operate anywhere between two to twenty sites, all having a maximum of seven or eight flats per project. All materials required other than cement, sand, steel and blue metal experience centralized purchase. Materials are received in one place and are diverted to various sites. Often the companies do not have a clue as to what is consumed in which site. (more…)
CGTMSE – Collateral Free Loan Scheme
Saturday, September 19th, 2009Many Micro, Small and Medium Business Entrepreneurs (MSMEs) may not know and Banks don’t popularize it for obvious reasons. But, Collateral free fund based limit up to a maximum of Rs.100 lacs is available for MSEs.
CGTMSE – Credit Guarantee Fund Trust for Micro and Small Enterprises, guarantees collateral free credit up to a maximum of Rs.100 lacs through banks. I recently got a client of mine sanctioned Rs.75 lacs and I thought I should share it Small Business Entrepreneurs. Eligibility criteria are as follows. (more…)
