To provide both term loan for fixed assets and loan for working capital through a single agency. The total working capital requirement of such units inclusive of all fund based facilities are to be taken into account for determining the working capital facility eligible for refinance

Entrepreneurs setting up new projects in MSE / tiny sector, new promoters acquiring unencumbered fixed assets of existing MSE concerns from PLIs and also existing well run units undertaking modernisation / technology upgradation and potentially viable sick units undertaking rehabilitation scheme

Scheme operated through SFCs / twin function IDCs / scheduled commercial banks / eligible state co-operative banks / scheduled urban co-operative banks
Loan Limit - Not to exceed Rs.200.00 lakh

For providing assistance for rehabilitation of potentially viable sick units

Potentially viable MSE units including units in cottage and village industries and in tiny sector, conforming to definition of sick MSE unit as prescribed in guidelines of Reserve Bank of India. The assistance is meant for sick MSE units for which proper rehabilitation packages have been drawn up. Units eligible for rehabilitation assistance should be capable of being restored to normal health within a reasonable time.