FINANCE OPTIONS
Growth Guarantee Scheme for Jewellery Retailers - Apply Now
The Growth Guarantee Scheme for Jewellery Retailers is a program designed to support and boost the business growth of jewellery shops by offering financial incentives or benefits. It's a simple way to help retailers expand confidently while reducing risk. If you're in the jewellery business, this scheme might be just what you need to take your shop to the next level!
- Quick and easy application process
- Loan disbursed within 24 hours
- No additional charges for early repayment
What are the benefits of Growth Guarantee Scheme for Jewellery Retailers?
The Growth Guarantee Scheme for Jewellery Retailers is designed to support retail businesses in the jewellery sector by providing financial security and incentives for growth. This scheme helps retailers manage risk while promoting sales increase through strategic planning and customer engagement initiatives. By ensuring that selected retailers can focus on expanding their offerings and enhancing customer experiences, the Growth Guarantee Scheme fosters long-term success and stability within the jewellery market.
Risk mitigation
Boosts sales
Customer loyalty
SCALE YOUR BUSINESS TO NEW HEIGHTS
200+
Providers
Providers
What are the different types of Growth Guarantee Scheme for Jewellery Retailers?
Inventory Financing Guarantee Scheme
Provides guarantees on loans or credit taken by jewellers to purchase inventory.
Sales-Based Growth Guarantee Scheme
Guarantees growth-linked loans based on the retailer’s sales performance.
Franchise Growth Guarantee Scheme
Offers guarantees to retailers expanding via franchising, covering franchise setup costs.
What is the Growth Guarantee Scheme for Jewellery Retailers?
Credit Guarantee for Jewellery Retailers
Schemes like CGTMSE in India provide credit guarantees for loans taken by jewellery retailers, especially under Micro and Small Enterprises. This makes it easier for jewellery businesses to get bank loans for working capital or expansion without having to provide additional collateral.
Coverage of Working Capital and Term Loans
These schemes guarantee various types of financial assistance, such as working capital and term loans, which can be used for buying inventory, running daily operations, or making business improvements. They cover both fund-based and non-fund-based facilities up to ₹10 crore per borrower.
Support for Retail and Trading Activities
Retail and wholesale trading activities, including jewellery retailing, are included as eligible sectors. The guarantee reduces risk for banks and encourages more lending to jewellery businesses, supporting their growth and market reach.
FAQ’S
Are jewellery retailers eligible for the Growth Guarantee Scheme?
What can jewellery retailers use Growth Guarantee Scheme funds for?
Are there any sector restrictions for jewellery retailers under the Growth Guarantee Scheme?
How much can a jewellery retailer borrow through the Growth Guarantee Scheme?
DIVE DEEPER
.png)
We Like To Keep Things Simple
Match with
150+
Lenders
Loans from
£1000
to
£500K
to
£500K
zero hidden fees
