CGTMSE
A government guarantee that lets a bank lend to a small business without asking for collateral.
The Credit Guarantee Fund Trust for Micro and Small Enterprises does not lend money. It promises the bank that if the loan goes bad, it will cover most of the loss — which is what lets the bank lend without property as security.
You do not apply to CGTMSE yourself; you ask your bank to cover the loan under it. There is usually a guarantee fee.
Learn it in a lesson
See also: Collateral, MUDRA loan