STEP 01
Scheme fit
We confirm your unit falls within the scheme's eligibility and identify the right lending institution.
CGTMSE Loan Consultants in Ahmedabad
CGTMSE is a credit guarantee scheme for micro and small enterprises. The trust guarantees a portion of the lender's exposure, which is what allows a bank to extend credit without third-party collateral or an outside guarantee. Makhija & Company assesses whether your unit qualifies and builds the file the lending institution appraises.
CGTMSE Loan — the short version
| Full name | Credit Guarantee Fund Trust for Micro and Small Enterprises |
|---|---|
| What it does | Guarantees part of the lender's exposure so no third-party collateral is needed |
| Who is eligible | Micro and small enterprises in manufacturing and services, subject to scheme conditions |
| Applied through | Member lending institutions — banks and eligible NBFCs |
| Cost | A guarantee fee is payable, which varies with the facility |
| Best suited to | Sound businesses with no property available to pledge |
Loans
What it is, in plain terms
The usual reason a viable small business is refused credit is not the business — it is the absence of security. CGTMSE removes that obstacle by standing behind part of the lender's risk, so the decision comes back to whether the unit can service the debt.
Because the guarantee shifts the question to viability, the financial case has to be made properly: audited or filed figures, projections that follow from them, and a clear account of what the money is for and how it repays itself.
Who this is for
If one of these sounds like you, this is the right page.
- Micro and small manufacturers needing working capital or a term loan
- Service enterprises that qualify under the scheme's coverage
- Businesses with strong cash flow but no property to offer as security
- Units expanding capacity where the promoters do not want to mortgage personal assets
- Applicants previously refused a conventional secured loan for want of collateral
- Existing borrowers looking to restructure into a guaranteed facility
Documents you will need
This is the general set. After the first call you get one checklist built for your exact case, rather than a generic list you have to interpret.
- 01 Constitution documents — partnership deed, incorporation certificate or LLP agreement
- 02 Udyam registration certificate
- 03 PAN, Aadhaar and KYC for all promoters
- 04 Filed income tax returns, usually for the preceding years
- 05 GST returns and audited or certified financial statements
- 06 Bank statements for all operating accounts
- 07 Projections and CMA report for the facility applied for
- 08 Quotations for machinery, where a term loan is sought
Not sure this is what you need?
That is what the free consultation is for. Tell us the situation and we will tell you the shortest route through it — including when the answer is that you do not need this service at all.
Or call +91 81412 53309 — Monday to Saturday, 11:00 AM – 8:00 PM.
Why this comes up so often around here
In a trading belt like Sarangpur, plenty of businesses run out of rented premises and own no property at all. They are profitable and they still get refused, because a conventional term loan wants security they do not have. CGTMSE exists for exactly that situation, and it is one of the more common conversations we have across the desk.
229, 2nd Floor, Ghantakarna Mall, Sarangpur
How we do it
Four steps, no surprises
You always know which step you are on and what we need from you next.
01 / 04
STEP 02
Financial case
CMA report and projections built from your filed figures, in the format the appraiser works with.
STEP 03
Application
The complete file is submitted, including the guarantee coverage request.
STEP 04
Follow-up to sanction
Queries answered and documents supplied until the sanction letter issues.
What we actually build
The file, layer by layer
Getting sanctioned is rarely about the business — it is about how the file is built. Here is what actually goes into one, layer by layer.
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1
KYC & constitutionPAN, Aadhaar and the deed or incorporation papers that say who is borrowing.
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2
Financials & returnsFiled ITRs, GST returns and bank statements — the figures the lender pulls anyway.
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3
CMA reportYour past figures and projections in the exact format a credit officer appraises against.
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4
ProjectionsForward numbers that follow from the returns rather than contradicting them.
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5
Submission & sanctionA complete file goes in once, and we chase the queries until the letter issues.
Questions
CGTMSE Loan — frequently asked
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QWhat does CGTMSE actually do?
CGTMSE is a guarantee, not a loan. The Credit Guarantee Fund Trust for Micro and Small Enterprises covers a portion of the lender's exposure if the borrower defaults. Because the lender's risk is reduced, it can extend credit to a micro or small enterprise without demanding third-party collateral or an outside guarantee.
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QWhat is the difference between Mudra and CGTMSE?
They solve different problems. Mudra is a lending scheme for small non-farm enterprises, structured in tiers by size. CGTMSE is a guarantee mechanism that sits behind a lender's facility so collateral is not required. Depending on your size and requirement you may qualify for one, the other, or both — that is the first thing we work out.
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QDo I still pay anything for the guarantee?
Yes, a guarantee fee is payable and it varies with the facility. It is normally a far smaller cost than the alternative, which is either mortgaging property or not getting the credit at all.
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QDoes CGTMSE cover mean I am certain to be approved?
No. The guarantee removes the collateral obstacle; it does not remove the credit assessment. The lender still evaluates whether the business can service the debt, which is what the CMA report and projections are for.
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QMy business is profitable but I have no property. Is this the right route?
A profitable business with no property to pledge is precisely what the CGTMSE guarantee was created for. Bring your filed returns and bank statements and we will tell you at the free consultation whether the numbers support an application.
Related
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Read moreTalk to us before you file
A short conversation usually saves more than it costs. We are in Sarangpur, Ahmedabad — Monday to Saturday, 11:00 AM – 8:00 PM.