Business Loan Service - Collateral-free Financing Up To Rs 1.00 Crore | Cgtmse Backed For Micro And Small Enterprises, Flexible Working Capital And Term Loan Options

We are engaged in offering excellent quality Business Loan Service to our valuable clients. SRCPL Helps in getting finance from banks without collateral security under the cgtmse scheme (maximum amount rs. 1.00 crores).
Government of India and SIDBI set up the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).

Basic Feature:-
All Micro and Small enterprises covered under MSMED Act 2006
Includes Small Road and water transport Operators, Small Business, Professionals and self employed persons and all other service enterprises under the ambit of MSE
Loans for Retail Trade, Educational, Training Institutions & Self Help group are not eligible
The account should be a standard asset
Maximum loan coverage of Rs 100.00 Lakhs
Mode a Working capital and/ or Term loan
No collateral Security/third party guarantee is required except Equitable Mortgage of Fixed Assets shown in Firms Name in its Balance Sheet
Guarantee Fee
Guarantee Fees to be paid to CGTMSE Trust is 1.50% of Loan Amount Sanctioned for the first year.

Annual Service Fees:-
From Second years onwards, there is a Annual Service Fees i.e. 0.75% of the Loan Amount Sanctioned payable every year.