• Loan against plot of land and industrial property ! Take advantage of your property


  • Loan to buy commercial property - Invest today ! Own your Office now


  • Working capital facility for your company for expansion, new projects and Trade Finance !

    Working capital facility

  • Loan against rental discounting at an attractive rate, tenor upto 15 years !


  • Foreclose your loan without any charges, transfer your high cost loan to lower ROI !

    Home Loan

  • Insure you and your family from all illness, ask for health insurance cover and protect your family

    Health Insurance

  • Get our car insurance offer from us - Door step service

    Auto Insurance

  • Get Project star rating for your real estate project from the rating agencies !

    Project Rating

  • 100% loan against your property value upto Rs.25 crs under SME scheme !


  • Business loan against residential property @ 11.25% floating upto Rs.25 crs !

    Loan against property

  • Register for Loan referral program online and multiply your income from today!

    Lead Referral

  • Invest in Real estate, pay 20% now and balance amount after posession of your flat

    Real Estate

  • Home loan for 30 years makes your emi affordable and easy to repay

  • Insure your life for Rs.1 crore at Rs.535.00 pm ! Secure your family !

    Term Insurance

  • Loan against property at 11.75% fixed for 5 yrs ! Limited time Offer !

  • Get a Unsecured Loan upto Rs.50 lacs and boost you business !

  • Builder finance at a very attractive rates !

    Builder Funding

  • Women home loan special offer @ 9.85% ! Limited period offer !

Credit Ratings FAQs

1. What is Credit Rating?
A credit rating is an opinion on the creditworthiness of an individual, corporation or even a country. It is an evaluation of a borrower's overall credit history. Credit rating also evaluates the borrower's ability to repay debt, which is determined after a detailed assessment of the various quantitative and qualitative parameters. Credit rating conveys the probability of the subject's ability to repay a loan or obligation to the lender or the investor. However, in recent years, credit ratings have also been used for other purposes including adjusting insurance premiums and determining employment eligibility.

2. Who can avail of Rating?
All types of MSMEs involved in manufacturing, service or trading activities can approach SMERA, either directly or through bankers, for availing the rating services.

3. How can MSME units approach for rating?
MSME units interested in availing of rating services can visit our website and forward their request to info@spectrumbizcredit.com , post which, the unit will receive an application form and a checklist of documents to be submitted for availing of services.

4. Do the MSME units desirous of availing rating services necessarily have to approach through Banks?
MSME units can directly approach rating agency or even banks can forward their requests for rating MSMEs unit from rating agencies; the choice is entirely left to the unit or its banker. However, in cases where the MSME unit directly approaches rating agencies, the rating certificate of such unit and the rating report is provided to the MSME unit. In cases where the banker applies to rating agencies for rating of a MSME unit, the rating certificate will be dispatched to the unit but the rating report will be mailed to the referring bank.

5. What are the advantages of getting rated by SMERA?
Leading banks have equity stake in SMERA with representation on the Board of Directors. SMERA has also entered into MOUs with 29 banks and financial institutions with 11 banks and lending institutions providing commercial benefits to well rated SMERA units. In order to facilitate extension of monetary as well as non-monetary benefits to well rated SMERA units, member banks and SMERA have mapped their respective rating models to draw comfort from SMERA rating process and parameters. Based on SMERA Ratings, the investment grade SMERA units have enjoyed preferential treatment from lenders; similarly, better rated units are also known to have enjoyed access to faster credit on better terms or enhancement of credit. Similarly, SMERA Ratings provide alternate opinion on the unit and additional comfort while lending. Further, SMERA Ratings can enhance MSME unit's market standing amongst its trading partners and potential customers, both in the domestic as well as international market.

6. What is the validity of credit rating?
The rating is valid for a period of one year from the date of issue, subject to there being no significant changes or events occurring during that period which could materially affect the business and financial profile of the organization or the project. Hence, it is recommended that units renew their ratings on yearly basis.

7. Will the ratings be displayed on rating agencies website?
Yes, all accepted ratings will be displayed on Rating agencies website.

8. Do all banks accept Credit Ratings?
Almost all banks accept Ratings and this is facilitated by MOUs that Rating agencies has entered into with these banks.

9. Will Rating replace the internal rating of the lending institution?
No, Credit Rating will not replace the internal ratings of the lending institution. MSME units, by and large, have to bear higher interest rates as compared to large entities. Lending institutions arrive at a representative interest rate based on their internal ratings and many MSME borrowers are unaware of their internal ratings and if aware, they are ignorant of the basis of arriving at such ratings. An external rating from Rating agencies would make the MSME borrowers aware of their rating and the basis of arriving at the rating from an external perspective, thus providing them with a competitive advantage. This awareness could also enable the MSMEs to improve their internal rating and endeavor to enjoy better terms from the lender fraternity.

10. Are Credit Ratings tools for improvement?
Yes, as credit ratings enable the MSME units to have a greater understanding of its strengths, weaknesses and risk factors, the ratings act as tools for self-improvement.