SMERA

BANGALORE, INDIA:

SMERA is the country's first Rating agency that focuses primarily on the Indian Micro, Small and Medium Enterprise (MSME) segment.

SMERA's primary objective is to provide Ratings that are comprehensive, transparent and reliable. This would facilitate greater and easier flow of credit from the banking sector to MSMEs.

SMERA undertakes MSME Ratings. MSME Rating is a comprehensive and an independent third-party evaluation of the MSME.

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It takes into account the financial position and several qualitative parameters of the MSME that has bearing on credit worthiness of the entity.

Salient Features:

• Independent, third-party & comprehensive assessment of the overall condition to exhibit intrinsic strengths of MSME.
• Turnover based fee structure
• Partial Reimbursement of Rating Fee through NSIC in case of eligible MSMEs.
• Categorizes MSMEs based on size, so as to enable fair evaluation of each MSME amongst its peers.

Source: www.smera.in