Soft Loans for Quasi-Equity to MSMEs (SIDBI)
The objective of the scheme is to offer soft loans in the nature of quasi-equity so as to meet the required debt-equity ratio to facilitate the term loan on relatively soft terms for MSME’s. Loans extended under the scheme cannot be used for repayment of earlier loans.
New / Existing enterprises in the manufacturing as well as service sector undertaking expansion, to take advantage of new emerging opportunities, as also undertaking modernization, technology upgradation or other projects for growing their business will also be covered. The applicant must achieve minimum internal investment grade rating of SIDBI.
Term loans upto INR 5 crores.
PHD House, 4/2 Institutional
Area August Kranti Marg,
New Delhi 110016
+91-11-26863801-04 : 49545454