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Rejection rates are quite high in SME lending space in India

Rejection rates are quite high in SME lending space in India

In an interview to SME Times, the Founder and CEO of Rubique.com, Manavjeet Singh has viewed that the risk appetite of every Financial Institutions (FIs) differs which is unknown to customer. Also many a time, a Small and Medium Enterprises (SME) owner does not even know how to present their documents to FIs. Therefore, the rejection rates are quite high in SME lending space."Having domain expertise from Banking, Rubique team helps SME customers approach the right set of Financial Institutions for their requirement. We also help customers in arranging the documentation required for the loan," he added.

Credit Risk & Scoring