SIDBI: BENEFITS TO AN ENTERPRISE

SIDBI – Small Industrial Development Bank of India is a central financial institution destined to provide refinance amenities and short term lending to Micro, Small, and Medium Enterprise or MSME sector’s development, financing, and promotion.

SIDBI regulates the roles of institutions engaged in similar kinds of activities. Along with EXIM bank, NABARD and NHB, SIDBI is an essential part of All India Financial Institutions which is managed and overseen by the Reserve Bank Of India.

UPDATE: Recently NHB is in government control by taking more than 51% stake.

SIDBI is a completely owned subsidiary of the Industrial Development Bank of India (IDBI) and is accountable for the Small Industries Development Fund and National Equity Fund as well.Its main focus is on assisting the MSME sector with personalized financial products, SIDBI financing schemes, and services to develop, commercialize, and market/advertise their products and technologies.

The key aim of the institutions is to strengthen credit flow along with promoting skill development.

SIDBI’S MAIN AIMS TOWARDS MSME:

• COORDINATION
• PROGRESS & DEVELOPMENT
• FINANCING
• MARKETING

SIDBI’s BENEFITS TO MSME:

CUSTOM-MADE POLICIES

SIDBI loan policies are custom prepared depending on the top-notch requirements of a business.

DEDICATED LOAN SIZE

Credit and loan sizes are set as per the individual requirement without any default sizes. So individuals can avail loan based on their needs

ATTRACTIVE & COMFORTABLE INTEREST RATES

Its connection with various financial institutions makes it beneficial for the loans availed as they get loans at attractive and comfortable interest rates.

ORGANISATIONAL GUIDANCE

It just does not provide loans and end their works, they provide guidance and advice for the enterprise to get the right loan throughout the loan process.

CAPITAL GROWTH

Enterprises can acquire time capital growth without compromising anything on ownership stakes.

EQUITY AND VENTURE FUNDING

A subsidiary well-known as SIDBI Venture Capital Limited is wholly owned and offers growth capital as equity through the venture capital funds focusing mainly on MSMEs.

SUBSIDIES

It has attractive subsidy schemes with concessional interest rates, Capital Subsidies and comfortable terms offered by the government.

TRANSPARENCY

SIDBIis a transparent institution with a transparent process and rates structure, without any hidden charges.

WRAP UP

The process of availing loans from SIDBI is easy and guidance from the consultant ensures a transparent and hassle-free process SIDBI is an amazing platform which makes sure that the economic balance between finance lender and customers is maintained. SIDBI Loan for MSME is a great funding avenue, which not only focuses on financing but also on spreading awareness and education about business development and business finance solutions. Get you custom made SIDBI MSME loan right here.