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CGTMSEbexplained: Getting Micro and Small Business Loans Without Collateral Introduction Micro and Small Businesses (MSEs) are the foundation of any economy, making major contributions to industrial output, innovation, and job creation. However, getting timely and sufficient funding is one of the biggest problems these businesses confront. The Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGTMSE) was introduced by the Indian government in partnership with the Small Industries Development Bank of India (SIDBI) to address this problem. This program ensures that financial institutions are encouraged to lend without hesitation by offering eligible businesses loans without collateral. Credit Guarantee Fund Scheme for Micro and Small Businesses (CGTMSE) CGTMSE: What is it? A program called CGTMSE was started in 2000 to give financial institutions credit guarantees for loans made to MSEs without the need for collateral or third-party guarantees. The main goal is to make it eas...