Collateral Free Loan

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 rupees one crore is provided for entrepreneurs 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. Legaltree can help you to obtain collateral free loan for your business quickly and easily.