Most founders assume a business loan needs property as security. The CGTMSE scheme exists precisely to break that assumption. Under it, banks can lend to eligible micro and small enterprises without collateral, because a government trust guarantees a large part of the loan.
Eligibility is broader than people expect. New and existing manufacturing and service enterprises both qualify, with a few excluded categories. What matters is that the unit is registered and the application is built properly.
The part founders get wrong is the projections and the documentation. A loan officer is not funding your enthusiasm. They are funding a file that shows the business can comfortably service the loan.
We assess whether you qualify honestly, prepare the projections and documents, and stay with the application through the bank's process until it is sanctioned and disbursed.