Credit Guarantee Trust For Micro Enterprises

Running a business isn’t like taking a walk in the park. You have to worry about financial concerns, working capital, and other factors that concern your business. In order to help your business, we offer you Unsecured Bill Discounting facility that is time-efficient and convenient for you as well as us. It is a great alternative to term loans or overdraft facilities. Unsecured Bill Discounting gives you the chance to obtain liquidity—instead of waiting for your client to clear the amount. You can borrow the money and repay it when your client pays you.

Key features include:

• This facility will be available as per the Client’s credit rating:
  Unsecured Bill Discounting facility is available on the basis of the company’s client’s credit rating.
• 80% invoice value would be considered:
  When it comes to Unsecured Bill Discounting, only 80% of the invoice value can be availed.
• Period of 90 days:
  The whole period for availing Unsecured Bill Discounting facility is for the credit period up to 90 days.
• Mandatory Escrow account:
  In order to avail the Unsecured Bill Discounting facility, it’s mandatory for you to possess an Escrow account

Having a project idea isn’t enough; you need to have the right finances in place to infuse life into your innovative ideas. Only with the right finances will your ideas come to life. Hence, a Project Loan will benefit you. A Project Loan is nothing but sourcing funds to long-term projects, using the cash flow generated from the project to payback the financing procured. Smeloan offers Project Loans with a minimum of 60% to 100% collateral or security. Nationalized and Private Banks are lenders, its include fund/non-fund based limits.

Key features include:

• Leading banks:
  We have the best nationalized and private banks.
• Moratorium period:
  You will be granted a moratorium period of 3 months to 18 months, only after which you can make any repayment.
• Require a minimum collateral or security:
  You need to submit a minimum of 60% to 100% as collateral or security.
• Include Fund/Non-Fund Based Limits:
  Our Project Loan includes fund-based products like cash credit, packing credit, short-term loans payable on demand,
  inland/export bills discounting, export and import financing, etc.
  Non-fund based products like bank guarantees and documentary credit
• Current assets to be pledged:
  When you apply for a Project Loan, you need to pledge your current assets.
• Stock and book debts statement to be submitted:
  You need to submit your stock and debtors statements every month.
• Project report/ CMA data required:
  To avail this facility, you need to submit a project report for the loan or CMA data covering the profile of your business

Getting a loan on buying or construction of a commercial property is considered to be a cakewalk. But it’s far from being that. When it’s the first step in your new venture,it needs a solid ground. The Commercial Purchase Loan offered by Smeloan is the first step in that right direction. We offer this loan for a maximum of 15 years and with the best ROI. Our Commercial Purchase Loan is provided based on your property value. So, get the loan on the purchase or construction of any commercial property, which includes Shops, Office spaces, Industrial Gala, Factory, IDC Plots.

Key features include:

• Best ROI for commercial purchase loan:
  By availing this facility, you get the best Rate Of Interest (ROI) on our Commercial Purchase Loan.
• Considered properties for this loan:
  Commercial, Industrial Gala, Factory, IDC Plots are considered
  for Commercial Purchase Loan.
• Loan Tenure:
  Our Commercial Purchase Loan can be sanctioned for a period of 15 years.
• Not a fixed loan amount:
  Considering the area of your commercial space, your loan requirement may vary too, which is why the loan amount is not fixed from our end.
• Offering home loans as per property value:
  We offer Commercial Purchase Loan as per 75% of the market value or 100% of the agreement value, whichever is less.

Expenses can come in any form. It can be a wedding expense, sudden medical expenses, managing your child’s education, or immediate business requirement that needs urgent cash flow. Such times call for swift measures.This is where Loan Against Property can come to your rescue.
Smeloan offers funding for Loan Against Property—be it commercial, residential, industrial gala, or plots. You can get up to 25 Crores loan amount, without any project report or CMA data.

Key features include:

• Loan amount:
  You can avail a loan amount of up to Rs. 25 Crores on Loan against Property (LTV 50% to 125% of the market value of the property )*.
• Tenure of the loan:
  Our Loan Against Property can be sanctioned for 15 years.
• Considered properties as collateral:
  Residential, Commercial, Industrial Gala, Factory, and IDC Plots are considered as collaterals for Loan Against Property.
• Funds can be utilised for any business purpose:
  Once you avail this loan from us, you can use the amount for any purpose that you deem fit.
• Not required for this loan:
  1. Stock and book debts statement submissions
  2. Current assets
  3. Project report/ CMA data

Do you wish to expand your existing business? So, what’s stopping you? Is it the need for capital? Smeloan can be that helping hand who offers you financial support for your business. You can easily avail an Unsecured Business Loan from us without pledging any personal or business assets.

Key features include:

• Loan amount of 10 Lakhs to 10 Crores:
  You can avail a loan amount of 10 Lakhs to 10 Crores as Unsecured Business Loan
• Term loan for a maximum of 3 years:
  Our Unsecured Business Loans are sanctioned for a tenure of 3 years
• Funds can be utilised for any purpose:
  Once you avail this loan from us, you can use the amount for any purpose that you deem fit
• Not required for this loan:
  1. Collateral or security
  2. Current assets
  3. Stock and book debts statement
  4. Project report/ CMA data

India’s rapidly developing real estate sector is giving rise to multiple construction of residential and commercials spaces. To serve this purpose alone, you can avail hassle-free and swift finance for your real estate construction and development with our Construction Finance for Real Estate facility.

Key features include:

• Loan for constructing new buildings:
  The builder is offered this loan only to invest in constructing a new property
• Loan for NPAs and stress builders:
  This loan can be availed for Non Performing Assets (NPAs) and by stressed builders via Non Convertible Debentures (NCD)

Support to NPA & Stressed MSMEs

• Stressed MSMEs need equity support
• GoI will facilitate provision of Rs. 20,000 cr as subordinate debt
• Two lakh MSMEs are likely to benefit
• Functioning MSMEs which are NPA or are stressed will be
  eligible
• CGTMSE will provide partial Credit Guarantee support to Banks
• Promoters of the MSME will be given debt by banks, which will then be infused by promoter as equity in the Unit.

Equity infusion for MSMEs through Fund of Funds

• MSMEs face severe shortage of Equity.
• Fund of Funds with Corpus of Rs 10,000 crores will be set up.
• Will provide equity funding for MSMEs with growth
  potential and viability.
• FoF will be operated through a Mother Fund and few
  daughter funds
• Fund structure will help leverage Rs 50,000 cr of funds at
  daughter funds level
• Will help to expand MSME size as well as capacity.
• Will encourage MSMEs to get listed on main board of Stock
  Exchanges.

Restructuring of you finance
Restructuring of loans from existing Banks and arranging additional funding with them if need be. The ultimate goal for restructuring is to allow the existing business to come out of cash crunch and financial distress created due to the pandemic so as to provide a long term financial solution helping in reviving of the businesses.

• Prepare restructuring proposal justifying the cash flows of your existing business.
• Negotiating with Banks for best terms in respect of moratorium and interest benefit.

The idea of starting a business is a great one. But starting a business from scratch is a lot of hard work and sweat. Bringing to life whatever you’ve planned on paper is a herculean task, and what’s more is finding the right financing for your startup firm. But as the market is booming with new business opportunities, it’s also boosting the startup economy. In order to transform your startup dream and give it a platform, we offer Startup Loans that help you meet your business expenses like inventory, overhead, infrastructure costs, etc. We offer a loan amount up to 50  Lakhs, along with overdraft and term loan facility, without any additional collaterals.

Key features include:

• Loan Amount:
  You can get a loan amount up to 50 Lakhs on under the Start-up Loan facility.
• Overdraft and Term Loan available:
  In the Startup Loan facility, you can opt for the overdraft and the term loan facility.
• Current assets to be pledged:
  When you apply for a Startup Loan, you need to pledge your current assets.
• Additional collateral or security not required:
  There’s no requirement to pledge any collateral or security, such as shares, gold, or property.
• Any profile up for consideration:
  No matter what your business it is or which sector you cater to, you can avail our Startup Loan.
• Bottom-line margin of 25% to 50% required:
  In order to avail a Startup Loan, you need to have a bottom-line margin of 25-50%.

In case you’re a small or medium-sized business that’s finding it challenging to attract investors, the CGTMSE is tailor-made for you. This scheme was launched by The Ministry of Micro, Small and Medium Enterprises, Government of India, and the Small Industries Development Bank of India (SIDBI). CGTMSE is a method to encourage existing and budding entrepreneurs to opt for collateral-free loans in order to invest in their business, without the worry of defaulting.

Key features include:

• Loan Amount:
  You can get a loan amount up to Rs. 2 Crore.
• Leading banks are the lenders:
  We have the best Nationalized and Co-Operative banks as the lenders.
• Moratorium period:
  You will be granted a moratorium period up to 12 months, only after which you can make repayment.
• Include Fund/Non-Fund Based Limits:
  Our Project Loan includes both fund-based products like cash credit, packing credit, short-term loans payable on demand, inland/export bills discounting, export and import financing, etc.Non-fund based products like bank guarantees and documentary credit.
• Current assets to be pledged:
  When you apply for CGTMSE, you need to pledge your current assets.
• Stock and book debts statement to be submitted:
  You need to submit your stock and debtors statements every month.
• Project report/ CMA data required:
  To avail this scheme, you need to submit a project report for the loan or CMA data covering the profile of your business.
• No collateral or security required:
  There’s no requirement to pledge any collateral or security, such as shares, gold, or property.

Lease Rent Discounting is a facility that you can avail from your rental income, as it is considered to be a steady source of income. Lease Rent Discounting is a term loan that’s offered to the borrower based on their income from the rented property. You can avail Lease Rent Discounting for various purposes like investing in a property, personal reasons, starting a new business, etc.

Key features include:

• Loan Amount:
  You can get a loan amount up to 35 Crores under the Lease Rent Discounting facility.
• Maximum tenure:
  The maximum tenure is up to 15 years or the tenure depends upon Letter of Intent of Rent Agreement.
• Funds can be utilised for any purpose:
  Once you avail this loan from us, you can use the amount for any purpose that you deem fit.
• Mandatory Escrow account:
  In order to avail the Lease Rent Discounting facility, it’s mandatory for you to possess an Escrow account.
• Discount applicable:
  There is up to 90% discount applicable on the total Rent Corpus

Everyone dreams of owning their own home and we are sure that you too would be nurturing the same dream. We can suggest the right Home Loan that can turn your dream into reality, and magnify your joy.Choosing a home is a crucial decision. Similarly opting for the right Home Loan is also an important step.Our Home Loan facility is offered as per your property value and there’s no fixed amount attached to it. Purchase your dream home by availing a Home Loan with adjustable interest rates and payment terms.

Key features include:

• Loan Tenure:
  Our Home Loan facility can be sanctioned for upto 30 years.
• Loan Amount:
  Depending on your home, your loan requirement may vary too, which is why the loan amount is variable*.
• Offering home loans as per property value:
  We offer Home Loan as per 75% to 90% of the market value or 100% of the agreement value, whichever is less.
• Best ROI for home loans:
  By availing this facility, you get the best Rate Of Interest (ROI) on a home loan.
• Leading Banks & NBFCs as Lenders:
  We have the best Nationalized and Private Banks, as well as NBFC’s who are the lenders

Propel your business high in the growth trajectory without anything to hold you back.Our Unsecured Overdraft Facility can boost your businesses without mortgaging any of your assets and properties.
Use the Unsecured Overdraft Facility to:
– Extend credit to the customer
– Avail cash discounts (pay upfront or on time)
– Pay off vendors

Key features include:

• Loan amount:
  You can get a loan amount upto Rs. 1 Crore on the Unsecured Overdraft Facility
• Overdraft facility for upto 7 years:
  Our Unsecured Overdraft Facility is offered for 7 years
• Funds can be utilised for any purpose of business:
  Once you avail this loan from us, you can use the amount for any purpose that you deem fit.
• Not required for this loan facility:
  1. Collateral or security
  2. Pledging of current assets
  3. Stock and book debts statement submissions
  4. Project report/ CMA data
  5. Yearly renewal

With a view to ‘fund the unfunded’, the Pradhan Mantri MUDRA Yojana (PMMY) was launched by the Hon’ble Prime Minister in April 2015. The Mudra scheme is an effort by the Government to extend affordable credit to small and micro enterprises. Mudra Loans were designed in lieu of bringing the small and medium enterprises on the financial map. Mudra Loans are available to non-farm micro or small enterprises generating income through manufacturing, trading, and services. Our Mudra Loans offer an overdraft facility and are designed for retail shopkeepers too.

Key features include:

• Loan Amount:
  You can get a loan amount up to 10 Lakhs under the Mudra Loan facility
• Who can avail:
  Manufacturing, trading, services and retail shopkeepers.
• Current assets to be pledged:
  When you apply for a Startup Loan, you need to pledge your current assets.
• Overdraft facility available:
  In the Mudra Loan facility, you can opt for the overdraft facility.
• Additional collateral or security not required:
  There’s no requirement to pledge any collateral or security, such as shares, gold, or property.

Gold Loan
All that glitters is gold, and it can get you money when you need it! So, gone are the days when availing a loan was a long and tedious process. Now, you can get the money when you need it, without wasting much time. Gold Loan is a secured loan against your gold assets, wherein you can get the loan based on the market value of the gold. You have the benefit of customising your tenure period and you also get a 12-month Interest and EMI-free option. Your gold stays safe and you can also fulfil your dreams by availing the gold loan.

Key features include:

• Loan Amount:
  90% against Gold Value.
• Customised tenure:
  Our Gold Loan facility gives you the opportunity to customise your tenure period.
• Bullet payment option:
  ou get a 12-month Interest and EMI-free option.You can make the final payment at the end of the tenure (Principle+ Interest)

Nothing comes above and beyond your family. Hence, your family’s happiness and financial security come above everything else. Life insurance comes in handy when your family needs financial protection in case of an untimely death or a payment done to you on surviving the policy term. Life insurance helps you protect your family when you’re not there. It acts as a safety net for your family, and in the years to come, life insurance is an effective way to save money and invest it in the right manner.

Health emergencies come when you least expect them.Although you cannot completely avert a health crisis, you can always tackle it bravely when you have the right Mediclaim Insurance in place. As the name suggests, Mediclaim Insurance offers specific financial protection to you and your family against heavy health expenses. This insurance covers hospitalization costs along with certain treatments that you incur in a hospital.

Your employees always think and work for the betterment of your organization. Isn’t it time that you think for the betterment of your employees too? So, how about you start by making health insurance a hassle-free process for them? And this is where a Group Health Insurance can help you. Group Health Insurance offers comprehensive health coverage to all your employees. As per the new circular generated by the Insurance Regulatory and Development Authority of India (IRDA), it’s mandatory for an employer or an organization to cover its employees’ health insurance.

Key features include:

• More than one employee covered:
  This Group Health Insurance is capable of covering one or more than one employee in an organization
• Normal plan:
  This plan includes a waiting period for individuals with certain Special Diseases or Pre-Existing Diseases.
• Tailor-made plan:This plan offers a waiver for a waiting period of Special Diseases and Pre-Existing Diseases. After the issuance of this policy, all diseases will be covered in this plan.

As a responsible financial initiative, the Small Industries Development Bank of India (SIDBI) introduced the SIDBI Interest Subsidy. This scheme is sponsored by numerous ministries to encourage the implementation of modernisation and technology up-gradation projects by manufacturing units in the MSME sector. Our SIDBI Interest Subsidy offers a 2% interest subvention on fresh and incremental loans.

Key features include:

• Get interest subvention:
  2% interest subvention for all GST registered MSMEs, on fresh as well as incremental loans
• Benefit up to 1 Crore of the loan amount:
  This benefit is applicable up to 1 Crore of the loan amount.

Taking each day as it comes doesn’t always promise well for businesses that need to focus on their finances for the day-to-day routines. This is where Working Capital Loans can come in handy. Working Capital Loans are availed when there’s a shortage of cash flow and you need to cover the costs of your daily operations. But with so many options available, it becomes difficult to choose the right fit. Our Working Capital Facility offers the best Rate of Interest(ROI) and helps you to manage your business.

Key features include:

• Best ROI on your loan:
  By availing this facility, you get the best Rate of Interest(ROI) on our Working Capital Facility.
• Leading Banks & NBFCs as Lenders:
  We have the best Nationalized and Private Banks, as well as NBFC’s who are the lenders.
• Include Fund/Non-Fund Based Limits:
  Our Working Capital Facilities include fund-based products like cash credit, packing credit, short-term loans payable on demand, inland/export bills discounting, export and import financing, etc., and non-fund based products like bank guarantees and documentary credit.
• Requires collaterals or security:
  You need to submit a minimum of 60% to 100% collateral or security, such as shares, gold, or property
• Current assets to be pledged:
  When you apply for a Working Capital Facility, you need to pledge your current assets.
• Stock and book debts statement to be submitted:
  You need to submit your stock and debtors statements every month.
• Project report/ CMA data required:
  To avail this facility, you need to submit a project report for the loan or CMA data covering the profile of your business.

Machineryis the heart of any manufacturing unit. Without accurate business equipment, running a manufacturing unit successfully is out of the question. Increasing your productivity and profitability with the latest tools and machinery is vital for your business. But purchasing machinery isn’t easy and can be an expensive affair. You need Machinery Loan to meet your business requirements and our machinery loan can help you in this process.

Key features include:

• Finance against invoice value:
  As per our policy, you’ll get 80% finance against your invoice value.
• Loan amount of 10 Lakhs to 3 Crore:
  You can avail a loan amount of 10 Lakhs to 3 Crore against Machinery, no collateral required.
• Loan amount above 3 Crore:
  For any Machinery Loan amount exceeding 3 Crore,you need to provide collaterals.
• Loan Tenure:
  Our Machinery Loan facility can be sanctioned for a maximum period of 5 years

Sometimes, the need for funds is urgent, you may need it for a wedding, medical emergencies, renovations, or simply a vacation. Personal Loans can be a saviour at such times. Our Personal Loan is easy-to-avail and can match your financial or personal requirements. With our Personal Loan, you can utilise the funds for any purpose. You don’t need to pledge any collateral or asset to avail a Personal Loan.

Key features include:

• Loan amount:
  You can avail a loan amount of 1 Lac to 1 Crore
• Personal Loan for a maximum of 7 years:
  Our Personal Loan facility is offered for 7 years
• Funds can be utilised for any purpose:
  Once you avail this loan from us, you can use the amount as per your requirement
• No collateral or security required:
  There’s no requirement to pledge any collateral or security, such as shares, gold, or property