#creditguaranteescheme #startupfunding #corpbiz
A credit guarantee scheme would help provide much-needed collateral-free debt funding to start-ups. This scheme has been approved for the purpose of providing credit guarantees to loans extended by Member Institutions (MIs) to finance eligible borrowers being startups. MIS include financial intermediaries (banks, financial institutions, Non-Banking Financial Companies) employed in lending/investing as well as conforming to the eligibility benchmarks approved under the credit guarantee Scheme. This scheme would help provide much-needed collateral-free debt funding to start-ups. To learn more, watch the entire video.
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