About CGTMSE. Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) Credit Guarantee Scheme (CGS) has been launched by the Government of India and Small Industries Development Bank of India (SIDBI) to strengthen credit delivery system and facilitate flow of credit up to ₹2 Crore to Micro and Small Enterprise (MSE) segment. CGTMSE scheme makes guarantees available to lenders, which would make good the loss arising out of failure of an MSE borrower to re-pay its loan (up to a certain pre-defined percentage). The objective of CGTMSE is to encourage commercial banks to move away from a security oriented approach and provide collateral free credit facility for Micro and Small Enterprises. CGTMSE provides guarantees to the credit facilities extended by banks and financial institutions to micro and small enterprises. The Trust’s software application is hosted on an internet server which is accessed by banks and financial institutions spread across the country. Detailed information of the functions of the Trust is provided on Trust’s website xxx.xxxxxx.xx.
