- June 9, 2011
- Posted by: eflorencio
- Category: Members Advocacy
To give its SME clients a timely, hassle-free and adequate credit delivery to its clients, Corporation Bank of India has developed the SME Liquid Plus Scheme.
This scheme gives eligibility to all SMEs in the manufacturing & services sector. Also to SMEs with good track record as well as new SMEs having satisfactory Due Diligence Report. The eligible SME may by individual, proprietor, partnership firm, private/public limited company, and cooperative society.
The purpose of this scheme is to meet the liquidity mis-matches and expenses incurred on account of Research & Development, Product Development, Marketing & Branding, Executing unexpected bulk orders, Stocking the seasonally available raw materials etc.