FUELING GROWTH

EDC's General Term Loan Scheme Fuels Goa's Growth Engine PART I

- By Gauri Ghadge

In the dynamic landscape of Goa's industrial and entrepreneurial sector, the Economic Development Corporation (EDC) continues to serve as a critical catalyst in promoting business development, employment generation, and economic self-reliance.

Introducing Our New Series: Navigating EDC's Financial Empowerment Initiatives

We're excited to launch a new series spotlighting the Economic Development Corporation (EDC) of Goa's diverse loan schemes and financial assistance programs. Each instalment will delve into specific initiatives, providing insights into how EDC supports entrepreneurs, professionals, and businesses across various sectors. Stay tuned as we explore these opportunities designed to fuel growth and innovation in Goa. Here is Part I of our series, where we discuss the General Term Loan Scheme.

Among its comprehensive suite of financial products, the General Term Loan Scheme stands out as a flagship initiative that empowers enterprises, small or large, established or aspiring, to build, expand, or modernise their ventures with a solid financial backbone.

Tailored specifically to support the creation and acquisition of fixed assets, this loan scheme provides essential financial assistance to enterprises operating across diverse sectors within the state of Goa. With a streamlined application process, flexible repayment structure, and a strong emphasis on viability and security, this scheme is engineered to uplift Goa's business ecosystem and encourage long-term economic sustainability.

Purpose: Building Blocks for Growth