Strategic Role of Credit Counselling Institution (CCI)
Pre - Disbursement stage:
- Identification of aspirant entrepreneurs
- Shaping the application with its background documents /information
- Collection and including verification of primary information/data
- Creating awareness about schemes and facilities available including debt counselling
- Assist the MSME in Preparing Project Report and business proposal in Professional manner
- Processing and submission of applications to banks or financial institutions using
- Assisting in obtaining disbursement including documentation, security/ charge creation, perfection and satisfaction thereof.
Post-Disbursement Stage:
- Advice on preparation of financial statements, maintaining proper books of account, cash flow management and further borrowing as business scales up
- Post-sanction monitoring
- Assist in obtaining subsidy, if requested
- Other post disbursement services, if requested.
CCI Mail Role:
- Recommend to the banks the business proposal of Entrepreneurs
- Perform preliminary credit appraisal on behalf of the banks
- Collect additional supporting information required by the Banks/Credit Institutions.