SIDBI: Guarantee Scheme for MSEs
Guarantee shall be provided on behalf of industrial concerns &
service sector units in Micro & Small Enterprises Sector (MSEs).
Purpose of Guarantees:
Guarantee shall be issued only for the customer’s normal trade /
Nature of requirement:
Guarantee shall also be offered for meeting the adhoc / one time
requirement of the borrower
Existing customers (industrial concerns and eligible Service
Sector units in MSE Sector) with satisfactory track record.
New customers (MSEs sector and eligible Service Sector
units) shall also be considered both fund based and non fund based limits.
Guarantee would not be available as a standalone facility,
i.e. Guarantee would not be considered on behalf of customers who have not /
are not willing to avail debt assistance from SIDBI.
Satisfying minimum financial parameters under the scheme.