Struggling to get a business loan without collateral? You’re not alone. The Credit Guarantee Fund for Micro Units (CGFMU), implemented by NCGTC, helps lenders offer eligible micro unit collateral free loan options by reducing their risk. If you're planning a small business, it’s worth asking your bank or NBFC about CGFMU coverage.
Learn more here:
https://www.ncgtc.in/en/product-details/CGFMU/Credit-Guarantee-Fund-for-Micro-Units-(CGFMU)
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