SIDBI : Working Capital Assistance to MSMEs
To provide timely and adequate WC assistance to eligible MSMEs for meeting WC
requirements under the SIDBI – IDBI Working Capital Arrangement.
Should be an eligible MSME unit.
WC assistance shall be considered to any of the following category of
i.) Existing customers who are solely banking with SIDBI (including
ii.) Existing customers of SIDBI (who are also banking with other banks) and
have placed major share of immovable security with SIDBI.
iii.) Existing well performing units who do not enjoy WC facility with any
iv.) New entities, where term loan is considered by SIDBI.
Nature of assistance :
All forms of rupee assistance for financing WC requirement.
Satisfying minimum financial parameters under the scheme.
Desirable Financial Parameters
|Total outside liabilities/ tangible Networth(TOL/TNW)
||Not to exceed 4:1
||Minimum 1.5 times
|Overall Asset Coverage
||1.3 for existing units and 1.4 for new projects
||As per existing Bank’s Norms