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...
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...
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. The Real Estate Developer should have completed at...
Many 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...