Our Loans

Tailored digital MSME loans designed for your business needs

Machinery Loan

Quick funds to upgrade or buy new machinery hassle-free. Machinery Loans are provided to a Manufacturer to buy machinery both Imported and Indian. It is available both for existing Manufacturers and start-ups looking forward to starting their business, expanding their production capacity or for product improvisation.

Working Capital

Flexible loans to keep your daily operations running smoothly. Working capital loans are short-term loans that are easy to obtain and can be used for various purposes such as funding day-to-day operations, purchasing inventory, or paying salaries. It can help improve cash flow for small businesses.

Digital MSME loans designed for your business needs a digital platform providing in-principle approval for loans up to ₹5 crore within an hour using automated data analytics. it designed for Micro, small and medium enterprises to help them start, run, expand or stabilize their business. These loans are offered by Banks, NBFCs, and financial institution at affordable interest rates with flexible repayment options.

MSME Loans support business owners with working capital, equipment purchase, expansion or day to day expenses without putting pressure on personal saving

What is an MSME Loan? An MSME (Micro, Small, and Medium Enterprises) loan is a financial product designed to meet the funding needs of small businesses. These loans are specifically tailored for micro, small, and medium-sized enterprises that play a crucial role in the economy by creating jobs and contributing to overall economic growth.

Key Features: Purpose: MSME loans can be used for various purposes such as purchasing equipment, expanding operations, managing working capital, or meeting other business-related expenses. Eligibility: The eligibility criteria typically depend on the size of the business (micro, small, or medium), turnover limits set by regulatory authorities like the Ministry of Micro, Small & Medium Enterprises in India. Loan Amounts: The loan amounts can vary widely based on the category of MSME and lender policies but generally range from a few thousand to several million rupees. Interest Rates: Interest rates may vary depending on factors such as creditworthiness and repayment terms but are often lower than conventional loans due to government schemes supporting MSMEs.

CGTMSE Loan The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) provides guarantees to banks and financial institutions against default in repayment of loans extended to eligible micro and small enterprises under its scheme.

Key Features: Guarantee Coverage: CGTMSE offers guarantee coverage up to 85% for micro-enterprises and 75% for small enterprises on term loans or working capital facilities availed by them. No Collateral Required: One significant advantage of CGTMSE-backed loans is that they do not require collateral security/third-party guarantees which make it easier for entrepreneurs with limited assets. Loan Amounts Covered: Loans ranging from ₹10 lakh (for services) up to ₹2 crore (for manufacturing units) are typically covered under this scheme. Target Beneficiaries: It primarily aims at promoting entrepreneurship among new start-ups as well as existing businesses looking for expansion. In summary, both MSME loans and CGTMSE provide vital support systems aimed at fostering entrepreneurship within smaller segments of the economy while reducing risk factors associated with lending.