CGTMSE Loan
Quick approval. Zero collateral. Tailored for MSMEs.
The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme was launched by the Government of India to give small and medium enterprises easier access to credit without the burden of collateral. At Jessica Fincorp, we help you navigate this scheme so your business can secure funding for expansion, modernisation, or working capital without pledging any tangible security. Whether you are a manufacturer, retailer, or service provider in Delhi NCR, our team simplifies the CGTMSE loan application process — from documentation to disbursal — so you can focus on growing your business while we handle the paperwork.
Collateral-Free Financing
Access funds without pledging any collateral security, ideal for businesses with limited assets.
High Guarantee Coverage
Loans are backed by a government guarantee covering up to 85% for micro enterprises and 75% for small enterprises.
Wide Range of Eligible Activities
Use the funds for business expansion, machinery purchase, or working capital needs across most sectors.
Competitive Interest Rates
Enjoy affordable financing with rates that don't strain your business finances.
Quick and Hassle-Free Processing
A streamlined application and approval process, with turnaround as fast as 5–7 working days.
Diverse Sector Coverage
Available across manufacturing, services, and retail businesses throughout Delhi's economy.
Eligibility Criteria
- Applicant should be a Micro or Small Enterprise as defined under the MSMED Act
- Both new and existing enterprises can apply for the collateral-free credit facility
- Loan limit under the scheme goes up to ₹500 Lakhs, with government guarantee coverage of up to 85% for micro enterprises and 75% for small enterprises
- Primary security is the asset created from the credit facility itself (e.g., land, plant, machinery) — no separate third-party guarantee needed
- Excluded sectors include agriculture, self-help groups, and retail trade
Documents Required
- KYC Documents: PAN Card, Aadhaar Card, and address proof
- Business Proof: Business registration documents, GST registration, or Udyam registration
- Financial Documents: Last 2–3 years' Income Tax Returns (ITR), balance sheet, and profit & loss statements
- Project Report/Business Plan, especially for new enterprises
- Bank Statements for the last 6–12 months