The Meghalaya Cooperative Apex Bank Ltd., has developed MSME loan facilities to provide timely financial support to Micro, Small and Medium Enterprises for starting, expanding and strengthening their businesses. The loan can be used for working capital, purchase of machinery, business expansion and other legitimate business requirements. The initiative supports entrepreneurship, employment generation and local economic development. MCAB also participates in government-supported credit initiatives that facilitate easier access to finance for MSMEs.
