Role of a Professional Credit Rating Agency in SMEs Sector

Small and Medium Enterprises (SMEs) are playing a crucial role in the growth of the world economy. As the Indian economy is gaining momentum across the globe, SMEs are seen in the technological backwaters. The main reason that only few SMEs can carve a niche in the foreign market is that they are able to increase their level of exposure in the international market. A professional credit rating agency assesses the financial viability of SMEs and looks into all related growth aspects such as giving them the invaluable insight into sales, operational and financial architecture to minimize risk.
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