Yes. It is possible. No. Real estate funding is still a taboo for Banking sector. However, there is a minor relaxation. In some cases, it is possible to get real estate funding if certain conditions are satisfied. (more…)
Posts Tagged ‘Finance’
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…)