SME Loans

We understand each small business requires the proper financial guidance to scale and achieve new heights. So, with great effort and expertise, we ensure our customers get the best possible financial solutions. As one of the best MSME loan consultants, we provide small and medium enterprises MSME loans in India to help them give the much-required financial push. We are known as the best MSME loan consultants in India, as we provide tailor-made financial solutions to suit your business needs and fulfill your dreams.

 

Types of SME Loans: –

CGTMSE Loan

This is a collateral-free facility under which cash credit/term loan can be availed up to 5 crore. Cash credit starts from 10% under the CGTSME Scheme. This facility is designed under the Credit Guarantee Fund Trust for Micro and Small Enterprises (MSE) (CGTMSE) scheme of SIDBI and Ministry of Small and Medium Enterprises as defined under MSMED Act, 2006.

Under CGTMSE Annual Guarantee Fee (AGF) to be charged by the NCGTC. Fee structure under Credit Guarantee Scheme (CGS -I) applicable to all the guarantees approved/ renewed on or after April 01, 2023 is given in the table below.

Slab	Standard Rate (pa)*
0-10 lakh	0.37
Above 10-50 lakh	0.55
Above 50-1 crore	0.60
Above 1-2 crore	1.20
Above 2-5 crore	1.35
*Above 2-5 crore 1.35 AGF will be charged on the guaranteed amount for the first year and on the outstanding amount for the remaining tenure of the credit facility.

 

Working Capital Loans

SME working capital loans can be availed for the everyday working capital requirements of the business. As an SME loan consultant, we provide this loan in the form of cash credit/overdraft for a period of 12 months. It is generally secured against Property, fixed assets and current assets of the company. Working capital loan includes LC, BG, Suppliers Credit, Export Credit etc.

Term Loan

This facility can be availed for upcoming capex in terms of building & plant manufacturing. This loan would have tenor from 12 months to 60 months.

Equipment Loan

This facility can be availed to purchase machinery loans. This loan starts from 9.0%, and a loan of up to 75% of machinery value is provided for the maximum tenure of 5 years.

Bill Discounting:

This facility is availed to generate liquidity for the company against the security of bills received from customers. The bank deducts the interest on the bill and releases the balance; hence it is called bill discounting.

Factoring

A financial transaction in which the borrower sells book debts to the financial institution at a discount. This is availed to generate liquidity and is used mainly for working capital purposes.