Apply for a collateral free business loan of upto Rs.1 crore through IndiaFilings with various NBFCs and banks.
Apply for a collateral free personal loan of upto Rs.25 lakhs through IndiaFilings with various NBFCs and banks.
Small business and MSME enterprises can obtain collateral free loan from banks under various schemes promoted by the Government to boost Entrepreneurship and small businesses in India. Some the popular collateral free loan schemes offered by the Government are the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE Scheme) and MUDRA loan scheme. Under the CGTMSE scheme, loan of upto Rs.1 crore is provided for Enterpreneurs without any collateral security. Under the MUDRA loan scheme loan of upto Rs.10 lakhs is provided for setting up and operating of micro and small enterprises in the manufacturing, processing, trading and service sector.
IndiaFilings is the largest business services platform in India, offering a variety of services like collateral free loan syndication, CMA report preparation, company incorporation, trademark registration, GST registration, income tax filing and more. IndiaFilings can help you obtain collateral free loan for your business. Get a free consultation for obtaining collateral free loan through IndiaFilings by scheduling an appointment with an IndiaFilings Advisor.
A look at the types of funding for business including equity share capital, preferred shares, bank loans, debentures and External Commercial Borrowing (ECB)
Overview of private equity vs bank loan in India. Private equity is suitable for high growth companies whereas bank loan is ideal for traditional business. Private equity is investment of equity capital by financial investors over the medium or long term - to non-quoted high growth potential companies.
The Interest Subvention Scheme for MSMEs was introduced as a part of the support and outreach initiatives accorded to the segment. The scheme is introduced with the objective of encouraging the manufacturing and service enterprises to enhance their productivity, as well as to provide incentives to MSMEs for enrolling into the GST platform.
Bank loans to MSME and SSI units are classified in India under priority sector. IndiaFilings provides information and help for obtaining SSI and MSME loans.
Loans provided by banks in India must conform to the RBI Fair Practices Code for Lender. Fair practices code protects borrowers from unfair lending.
MSME Loan in 59 Minutes was introduced by the Indian Government on November 2, 2018, for supporting Micro, Small and Medium Enterprises (MSME’s). Under the scheme, fast loans of up to Rs.1 crore is provided in less than 1 hour.
asdfasdfThe Reserve Bank of India on 1st January 2019 has announced a MSME loan restructuring scheme to provide relief for small businesses across the country. Under the scheme, the RBI has allowed for one-time restructuring of existing loans to MSMEs that are in default but not NPA as on 1st January 2019.