•14 June 2026•7 min read
MSME Collateral-Free Business Loans: A Guide to CGTMSE Scheme
To support micro and small enterprises, the Government of India launched the CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) scheme, offering asset-free business loans.
Key benefits of CGTMSE business funding:
- No third-party guarantee or asset pledges required.
- Covers retail trade, manufacturing, and service startups.
- Guarantees up to 75-85% of the default risk for banks.