Credit Guarantee Scheme for Startups (CGSS)
DPIIT / NCGTC, Government of India
Credit guarantee on collateral-free loans, up to Rs 20 crore per borrower
Guarantees collateral-free debt that member lenders extend to DPIIT-recognised startups. Maximum guaranteed debt is Rs 20 crore per borrower.
- Eligibility
- DPIIT-recognised startup borrower that is not an NPA.
- Available in
India
- Benefits
- Transaction-based cover of 85% for loans up to Rs 10 crore and 75% above that; umbrella-based cover up to 5% of the pooled investment.
- Details
- Tiers, how to apply, what to watch out for and sources are free with an account.