Government Loan Schemes For Small Scale Businesses

It is launched by the Government of India to provide collateral free finance to the micro and small enterprise sector.
The Amount is contributed by Government and SIDBI is 4:1 in ratio.
It also provides credit facilities in the form of term loans and working capital facility of up to Rs.100lakh per borrowing unit.
Rehabilitation assistance is also made available to sick units.

CREDIT LINK CAPITAL SUBSIDY SCHEME FOR TECHNOLOGY UPGRADATION

Its main intention is to create an impact in the international trade.
It is launched to facilitate technology up gradations by extending an upfront capital subsidy of 15% (max INR 15lakhs).
The corresponding plant and machinery is important
It is available to machinery to Sole Proprietorship, Partnership firms, Cooperative, Private and Public Limited Companies.

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA

SIDBI is one of the most illustrious names among the government financial institutions.
It played an active role in the promotion and development of the small business industry.

Schemes provided by SIDBI

Direct Assistance Scheme
Indirect Assistance Scheme
Promotional and Development Activities
National Equity Fund, scheme
Technology Development and Modernization Fund scheme
Single window scheme
Mahila Udyami Nidhi (MUN)
Scheme and Equipment Finance Scheme

NATIONAL SMALL INDUSTRIES CORPORATION LIMITED (NSIC)

The main feature is to import machines on hire-purchase terms.
It promotes awareness about advancements in the small scale industries sector of the country.
It highlight on supply and distribution of both indigenous and imported raw materials as well as exporting the products of the small business units.

NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT

NABARD mainly came into existence to promote agriculture based rural business enterprises.
It mostly offers financial assistance to small scale industries viz,. Cottage and village industry.

MARKET DEVELOPMENT ASSISTANCE SCHEME FOR MSMEs

It offers funding for participation in international trade fairs and exhibitions under MSME India stall.
It also offers financing for sector specific market studies by industry association, export promotion councils and FIEO.
This scheme offers reimbursement of 75% of a one-time registration fee and 75% of annual fees paid to GSI by SMEs for the first 3 years for the bar code.