“MSME Loans are Focused on Micro, small & medium enterprises….With the right understanding of government schemes and its limitations can help you to grow into a large organization.”
CA Naresh Bansal
(CEO, NKB Kredit Group)
What is MSME Loan?
An MSME loan is a business loan provided to Micro, Small, and Medium Enterprises (MSMEs) to support their funding needs. Banks, NBFCs, and other financial institutions provide these loans at competitive interest rates. MSME loans are formulated to promote small businesses by providing easy access to money with flexible repayment terms. They are important for encouraging entrepreneurship, creating jobs, and boosting the economy. The terms, loan amount, and eligibility depend on the lending policies of the lender and the borrower’s financial history.
We can arrange secured funds up to 200% of your property value as working capital and as unsecured funds up to 5 crore.
Term Loans
Term loans offer a sum of money for a definite purpose, i.e., business growth, purchase of equipment, or technology improvement. Term loans have a fixed repayment schedule and interest rates.
Working Capital Loans
Working capital loans cover short-term financial requirements, enabling MSMEs to finance day-to-day business expenses like inventory, salaries, and overheads. These loans provide an uninterrupted cash flow for smooth business operations.
MUDRA Loans
The Pradhan Mantri MUDRA Yojana (Micro Units Development and Refinance Agency) is a government scheme that provides loans of up to Rs. 10 lakhs to small and micro businesses. It classifies loans into three categories – Shishu, Kishor, and Tarun – depending on the business development stage.
Credit Guarantee Fund Scheme (CGTMSE)
CGTMSE is a credit guarantee scheme without collateral for micro and small businesses. It incentivizes lenders to extend credit without third-party collateral support, thus decreasing the risk for banks.
SIDBI Make in India Soft Loan Fund for MSME Loan
It is a project by the Small Industries Development Bank of India (SIDBI) to extend soft loans to MSMEs operating in manufacturing activities. These loans are intended to foster innovation and technology uptake within the industry.
The Significance of MSME Loan in India
Micro, Small, and Medium Enterprises, collectively referred to as MSMEs, define the backbone of India’s business landscape. As per the Ministry of Micro, Small and Medium Enterprises, such companies contribute significantly to the GDP and employment period of the nation. MSMEs operate in different sectors, including manufacturing, services, and trade, and are a dynamic and robust part of the economic landscape.
Why Choose MSME Loan?
Features and Benefits msme loan
- We are of the opinion that sufficient funds are necessary for any enterprise and we will not allow lack of funds to prevent you from realizing your business aspirations.
- We act as a business to various lenders and investors to mobilize the required finances; we do not act as a bank, lending institution, or investor to a business establishment.
- We spent sufficient time to gain a full understanding of the goals, strengths, potentialities, threats, and risks involved in the firm to market it to prospective lenders and investors in a proper manner.
- Our sole aim is to provide results within the given time frame, exploring all best possibilities. After entrusting this job to us, you can trust us and stop worrying about the fund-raising aspects.
Customer Stories
See What Our Clients Say About Us
NKB Kredit’s consultancy services helped us navigate all the complexities of securing business funding. Mr. Bansal’s insights and the team’s thorough approach ensured a successful outcome.
Atharva Agrawal
The expertise and support extended by NKB Kredit Solution Pvt. Ltd. was really crucial for our successful application of funding. Practical advice from Mr. Bansal made all the difference, and the team was fully professional.
Naman Ashish
NKB Kredit’s consultancy services have changed the entire game for our business. Mr Bansal’s in-depth advice and the hard work of the team ensured that the right arrangements were secured for us.
Kriti