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Apply for Business Loan under CGTMSE at Ease!

Elevate your business without financial burdens. Our CGTMSE loans provide the funds you need for growth and expansion in Mumbai.

No Collateral Required
Quick Approval
Flexible Terms

Up to 5 Cr

From 14 Pa*

Tenure upto 60 Months

CGTMSE Loan in Mumbai

Mumbai, India’s financial hub, pulsates with a diverse business landscape. From established manufacturing and trading giants to cutting-edge tech firms, the city fosters a dynamic ecosystem for growth. Recognizing this potential, we offer various debt instruments, including business loans under CGTMSE in Mumbai. The government-backed credit guarantee scheme offers collateral-free financing up to 5 Cr. This initiative intends to make it easier for MSME businesses to obtain credit facilities.

Thus, businesses needing financial support can turn to the CGTMSE scheme and foster their growth.

CGTMSE Loan Key Features

CGTMSE loans in Mumbai provide businesses with financial support to cover a wide range of expenses, from short-term working capital needs to long-term investments like equipment purchases and business expansion, all backed by a credit guarantee for eligible enterprises.

(*T&C Applied)

CGTMSE Scheme Eligibility

The eligibility criteria for CGTMSE loans for businesses in Mumbai require meeting specific conditions.

Applicant must own a micro or small enterprise.
The Business must have at least 3 years of business continuity.
Small and medium-sized manufacturing units are eligible.
All manufacturing and service sector companies can use this facility.

Note: The eligibility criteria are common for applicants across India. However, there may be certain other criteria as well. Those are to meet specifically with the region or the financial institution that sanctions the loan.

Advantages of CGTMSE Loan Scheme

This scheme seeks to strengthen overall credit facilities.
The CGTMSE scheme offers a Hybrid Security product that covers the credit facility without collateral requirements.
Under this scheme, the government helps expand the credit facility up to 5 Cr.
The guarantee coverage will remain in effect throughout the loan credit.
The scheme is formulated to make term loans and working capital facilities available from a single organization.

How to Get 5 Crore Business Loan in Mumbai?

Businesses seeking loans through the CGTMSE in Mumbai should follow the steps below:

1. Start Your Business

We cordially track the deadlines and make our quality tangible, while executing finance projects well ahead of time.

2. Prepare a Project Report

This is extremely crucial as the chances of your loan getting approved will significantly depend on this. You will have to provide a thorough business plan with all the required details.

3. Apply For Loan Sanction

Along with the project report, visit a reputed financial institution or bank to apply for your loan.

4. Get the CGTMSE Coverage

Once your loan is approved, the institution or bank will apply to the relevant CGTMSE scheme. After approval, you can get the loan by paying the required service charges and CGTMSE charges.

Documents Required to Apply for CGTMSE Loan

The documents required for CGTMSE loans vary from lender to lender. Also from case to case. However, in all scenarios, there is a standard set of documents. Those are as follows.

I. KYC Documents

A copy of PAN Card.
Proof of Address: (Passport Copy / Aadhaar Card / Electricity Bill / Registered Rent Agreement)
Statutory documents

1. Proprietary Firm

Shop Act
GST Registration Certificate
Udyog Aadhaar Memorandum
VAT Registration
GST certificate
other Registrations Applicable.

2. Private / Public Limited Company/One Person Company

MOA & AOA, Certificate of Incorporation
Certificate of commencement of business in case of a public limited company
GST Registration Certificate
Shop Act
Udyog Aadhaar Memorandum
VAT Registration
and other Registrations Applicable.

3. Partnership Firm

Registered Partnership Deed

4. In Case of LLP

LLP Agreement
Shop Act
Udyog Aadhaar Memorandum
GST Registration Certificate
VAT Registration and
Other Registrations Applicable.

II. Income Documents

Last 3 years Financials (IT Returns, Computation Sheet & Balance-sheet). Proof of turnover vide latest sales/service tax returns and Invoice / Purchase Order Copy (for the loan against receivables)
Last 1-year bank statement of all operative bank accounts.
Details of all existing loans: Sanction Letter and Loan Account Statement for the last 1 year.

III. Property Documents

Previous & current sales deed
Plant & machinery list
Plant & machinery current valuation report
Margin money
Property photographs
Previous property search & valuation report

Apply for CGTMSE Loan at Terkar Capital, Mumbai

Terkar Capital is a leading financial firm committed to facilitating the financial requirements of businesses through CGTMSE loans in Mumbai. This scheme facilitates easy access to business loans by providing credit guarantees to lenders, ensuring minimal risk for them. We leverage its expertise to navigate this dynamic landscape, offering tailored financial solutions to businesses seeking growth and expansion.

At Terkar Capital, we facilitate business loans up to 5 Cr under CGTMSE in Mumbai. We conduct a thorough financial SWOT analysis to develop the appropriate debt instruments that meet the management’s expectations for raising funds and ensure the end use of the fund is justified.

How we execute Business Loan under CGTMSE?

Here’s Terkar Capital’s execution process to get a CGTMSE loan for businesses in Mumbai.

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Client's Testimonial

What our clients think about us?

H Tamhankar

We are very thankful to Terkar Capital for your efforts in arranging facility. Their approach is very simple, professional, and fast! The team is highly responsive that executed the process in short span of time without any hassles. Great work... Thank you!

J Agwan

Terkar Capital is upright at delivering specialized funding needs. They implement what they state. Because of you, we're able to make our business reach an exponential level.

A Waghmare

Obliged for the services by Terkar Capital in helping secure funds for the business. They offer a broad range of advanced funding solutions and deliver financial solutions that are right for customers. Grateful for the services rendered by your firm.

C Sonawane

Thank you Terkar Capital for processing my business loan in just a few working days. Very professional & skilled team. They understood my requirements to a level that were beyond my expectations from any lending company. I strongly recommend Terkar Capital.

Financial Instruments We Arrange

Terkar Capital is a registered brand of Terkar Global Financial Development Pvt Ltd, an Investment Banking Firm with a national footprint. We work extensively with professionals and businesses of all sizes to arrange debt funding instruments.

Industries We Serve:

Pharmaceutical Company

IT Company

E Commerce Company

EV Company

Manufacturing Company

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Head Office

Castle Eleganza, 103, Bhonde Colony, Dr.Ketkar Road, Erandwane, Pune – 411004, MH-India

Yes@terkarcapital.com

+91 8308629820

Corporate Office

The Capital, Level 7, B-Wing, Plot C – 70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051.

Mumbai@terkarcapital.com

+91 7414973455

Branch Offices

Nashik | Nagpur | Chhatrapati Sambhaji Nagar | Hyderabad

Operational Presence

Growing Nationwide…

Terkar Capital

In Association with:

CIN – U70200PN2023PTC224016