MSME Business Loan Solutions

Who Qualifies as an MSME?

Under the MSMED Act revised in 2020, MSMEs are classified by investment in plant/machinery/equipment and turnover:

• Micro: Investment up to ₹1 crore, Turnover up to ₹5 crore
• Small: Investment up to ₹10 crore, Turnover up to ₹50 crore
• Medium: Investment up to ₹50 crore, Turnover up to ₹250 crore

Key MSME Loan Products Available

Term Loans

Standard term loans for capital expenditure — machinery purchase, factory expansion, or infrastructure. Typically secured against business assets or property.

Working Capital Loans

Short-term loans to fund day-to-day operations — raw material purchase, salary payments, or managing the receivables cycle.

OD / CC Facilities

Overdraft and Cash Credit lines allow businesses to draw funds as needed and pay interest only on the amount utilised — ideal for businesses with fluctuating cash flow.

Government-Backed Schemes

Several central and state government schemes support MSME lending, including CGTMSE (Credit Guarantee Fund Trust for MSMEs), PMEGP, MUDRA loans, and various state-level schemes. These can provide collateral-free lending options for eligible businesses.

What Lenders Look For in MSME Applications

• Business vintage (typically minimum 2–3 years)
• GST returns showing consistent turnover
• ITR for the last 2 years showing profitability
• Bank statements showing healthy cash flow
• Credit score of promoters and the entity

How Unique Consultancy Helps MSMEs in Purulia-Bankura-Durgapur-Asansol region

We assess your business profile, identify the most suitable loan product and lender, guide you on documentation, and manage the application and follow-up process — so you can focus on running your business.