Collateral-free credit guarantee up to ₹5 Cr for MSEs (₹20 Cr for startups per Budget 2025). CGTMSE guarantees 75-85% of loan — banks lend without collateral. Government guarantees 75-85% of loan amount — banks lend without asking for property as collateral. Cheapest debt available to Indian startups.
MSME-registered entity (Udyam Registration). Annual turnover under ₹250 Cr for manufacturing, ₹100 Cr for services. Existing business with some operational history preferred.