Loan against Government order

Government do not provide advance to local firms for execution of the project.
Hence small enterprise will have to approach Bank,
Bank also does not provide any loan without 110% security by FDD.
Our Government should instruct National Bank to provide reasonable cost loan to Small enterprise against government order. more  

View all 9 comments Below 9 comments
Banks have schemes for finance against confirmed Govt./public sector entity orders. more  
No Banks provide assistance to any Startups even with Security. They do not want to take risk in providing new loans to new projects. They seek 3 years IT and the transactions done during the period to provide any assistance. Without Security we can never imagine to avail loans for a new projects. If there is anyone who can deny this with evidence please do that I can reach them out with my project. For the past 18 months I have been seeking assistance with the project that has been accepted by even the banks to be a good one. more  
There is a govt. scheme for small and medium companies. You must register under MSMED ACT, (Udyog Aadhar) , which is very easy, 15 minutes work online. For MSMED registered companies, you can avail a loan of upto 1.0 Crore without giving any collateral from banks. It will be guaranteed by Credit Guarantee Corporation. So your capital problem is solved / reduced. Govt. has many schemes, unfortunately, either it is difficult to take advantage of , or we do not know about it. An enterprising person can start a website listing all govt. schemes and how one can take advantage of. It will be very popular. more  
In case you are not able to sort it yourself, you can give me a call at my mobile 8510904348 more  
You are not correct. Banks provide so many types of loans and facilities to MSME. Kindly check again more  
Post a Comment

Related Posts

    • Looking for Factories for Export to USA

      Looking for factories of Leather goods, belts, PU Shoes for exports to USA, the buyer is coming next week to Delhi, Kanpur and Agra

      By Kush Agarwal
    • Tax Filing dates for companies

      Can the current deadline of tax filing date of sept 30th be extended to Nov 30th. Companies as well as proprietorship business are under lots of stress most behind on cash flow and reven...

      By Sudesh Rai
    • This is not just moving from cars to app taxis

      Some people are saying no one wants to buy a car because people are taking ola/uber these days. This seems to be deeper. Ashok leyland sales halved in august 2019 sales fell for 5t...

      By Vishal Khanna
    • Death of digital media

      Guys I am being told the following news television and paper sites have either fully or partially shut down. - Scroll - DailyO - Tiranga TV - The Wire - BTVI - F...

      By Vishal Khanna

      I would like to discuss the issue like this. No doubt the situation is not all that good. there are a host of reasons for this. First and foremost is the attitude of Auto makers who while riding th...

    • Auto Sales Doldrums

      August auto sales drop in per cent : - Maruti Suzuki 33% - Hyundai 9.54% - Honda 51% - Tata Motors 58% - Toyota 21% - Eicher-Volvo 41.7% - Mahindra & Ma...

      By Rohit Jain
    • 2% Tax on over 1 crore cash withdrawal

      Does anyone know if this tax applies on business accounts also or just individual accounts. Business needs may be different than individuals esp transport businesses etc

      By Sudesh Rai
    • All startup CEOs should print and frame this in office

      If the nation’s policemen and women are working 16 hours a day in heat and dust, startup management and employees can work atleast 10-12 hours a day in an air conditioned work environment. <...

      By Sudesh Rai
    • Gst deadline extended

      Govt has extended deadline to file Annual Return FORM GSTR-9 / FORM GSTR-9A and Reconciliation Statement FORM GSTR-9C for FY 2017-18 from 31st Aug to 30th Nov

      By Naina Mittal
    • How some large companies are cheating Govt and MSMEs

      Several large reputed and publicly traded companies have started adopting a new technique. Govt made a new rule that companies must pay MSMEs in 45 days and have to disclose any such pending msme p...

      By Amit Mishra
    • Startup entrepreneurs Keep Pushing

      You will know who your real friends are onlt in difficult times. But remember if you keep pushing, help is coming your way. This video illustrates it very well.

      By Shikha Chhabra
Share To
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)