Credit Guarantee for Small and Medium Enterprises
Strengthen your SME's financial foundation with our Credit Guarantee services, designed to provide a safety net that bolsters financial stability and opens new growth avenues. Our services are crafted to support SMEs by offering reliable credit guarantees, reducing the risk for lenders and enabling access to necessary funding. With our Credit Guarantee, unlock the potential of your SME, encouraging innovation, expansion, and sustainable growth.
Base Eligibility Criteria for Credit Guarantee for Small and Medium Enterprises
Business Operation
- Minimum operational history of 1 year.
Annual Turnover
- Minimum requirement is at-least 50 lakhs
Creditworthiness
- Assessment of the business's financial health and repayment capacity.
Compliance
- Adherence to all regulatory requirements and tax compliances.
Documentation
Application Form
- Duly filled application for the credit guarantee scheme.
Business Registration
- Proof of business registration and licenses.
Financial Documents
- Latest ITR, financial statements, and bank statements.
KYC Documents
- PAN, Aadhar, and other KYC documents for the business and its owners.