Business Studies · Business Finance
What primary benefit does the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) provide to eligible MSMEs?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Direct equity infusion and venture funding for tech start-ups
- 2Collateral-free credit facility and guarantee cover to lending institutions✓
- 3Non-refundable cash grants directly for micro-enterprises
- 4Technology subsidies exclusively for heavy manufacturing units
Correct answer
Collateral-free credit facility and guarantee cover to lending institutions
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