CGTMSE loan

CGTMSE Loan

Credit Guarantee Funds Trust for Micro and Small Enterprises (CGTMSE) is a trust set up by the Government of India, under the Ministry of Micro, Small and Medium Enterprises (MoMSME) and Small Industries Development Bank of India (SIDBI). As the name suggests, this is an initiative from the government’s side to render support to the small, medium, as well as, large business enterprises and help them dwell in their operations.

Dispatched in 2000, CGTMSE offers credit assurance to monetary foundations that give advances to MSMEs. CGTMSE gives an assurance to loaning organizations up to a specific breaking point for everything loaning done by them to the MSME area.