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

    • Jobless claims data

      US economy was the strongest in its history in Feburary. Within a month the jobless claims yesterday were 6.6 million. See attached. My estimate us India may see 50M go jobless if this C...

      By Sujata Singh
    • Will till you get back to work by newslaundry

      This is how it starts. News reports Say that the sales of top automakers in the country fell by 64 percent in March 2020, primarily due to the lockdown initiated to prevent the spread of...

      By Sridhar Mohan
    • Need for urgent economic package

      Big economic package, now all the more urgent and necessary. Immediate disbursal of pending psu and govt payments to startups smes and corporates. Across--the-board suspension of NPA SM...

      By Shailesh Deshmukh
    • 25 million to loose jobs - UN

      India will loose a lot of jobs in the coming 6 months as companies cut costs to survive. We as a group must discusss what all actions should Govt of India take? Summary of UN Report below.

      By Naina Mittal
    • Invoking Force Majure clause in contracts for COVID-19

      If a customer is invoking force majure Due to COVID-19 to cancel a supplier contract, is that valid? Does COVID-19 come under force majure?

      By Aditi Gupta
    • 6 crore children at home

      With several more states closing schools, the number of children at home due to CoronavirusPandemic is now around 6 crore. Opportunity for Indian startups...

      By Sudesh Rai
    • Important Travel Advisory

      Important advisory. If Your company or business has any employees Who have Come back from China singapore japan italy iran thailand Korea france spain germany then they should be going through mand...

      By Sujata Singh
    • Impact of Coronavirus (COVID-19) on India

      In terms of trade, China is the world’s largest exporter and second-largest importer. It accounts for 13% of world exports and 11% of world imports. - India's Import from China

      By Sridhar Mohan
    • Headed into a nasty recession

      Amazon tells 798,000 employees to halt travel in US and abroad over coronavirus fears. This is huge considering Amazon is the number 12 buyer of corporate travel in the U.S.. The compan...

      By Sudesh Rai
    • Corporate HonChos or Scaredy-cats

      It is unfortunate that corporate honchos are first to react when there is a natural calamity like flood or earthquake just to show their solidarity but not a word from them when Delhi was burn and...

      By Rohit Jain
    • Need FMs help to further advance tax date

      Banks are closed from 8th March to 15th March for holidays & bank strike. No payment collection during the days. Request extension of advance tax payment date by another 5 days, ie till 20th Ma...

      By Sudesh Rai
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.)