The small-scale business sector, which is more popularly known as the Small and Medium Enterprises (SME) sector, is responsible for contributing around 40% to the total Gross Domestic Product (GDP) of India. This sector is a key source of employment in India but faces stiff competition from privately-funded businesses. Realizing this, the Government of India has come forward to offer many loan schemes to finance the SME sector. These loans can be availed by the SMEs to fund their day-to-day operations, expand their business, purchase new equipment, etc.
The scheme has been designed to foster innovation, facilitate investment, protect intellectual property, enhance skill development, and build the best infrastructure for MSMEs.
How do we help?
Recognizing the importance of SME growth in the post-demonetization era, the government has started some new business loan schemes and boosted other existing ones. We are here to help you with loan schemes from the government of India that you can avail.
Our fundamental strength and skills are:
Small Industries Development Bank of India (SIDBI) set up on 2nd April 1990 under an Act of Indian Parliament, acts as the Principal Financial Institution for Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector as well as for coordination of functions of institutions engaged in similar activities.
How can we help you?
Submit a business inquiry online for more information.
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