Question

What is credit policy regarding sme explain it features?

Answer 1

hey here is ur answer :-

"the credit policy have many features and there are some important features like that if we need some money for making our home for constructing shop and for many work we need many we can take the money from banks and we take the money from bank as a Credit if it take the money from many people it makes a lot of loanso it is better to take the credit from the bank "

hope it helps u..✊❤✊❤

Answer 2

Answer:

• SME finance is the funding of small and medium-sized enterprises, and represents a major function of the general business finance market – in which capital for different types of firms are supplied, acquired, and costed or priced. Capital is supplied through the business finance market in the form of bank loans and overdrafts; leasing and hire-purchase arrangements; equity corporate bond issues; venture capital or private equity; asset-based finance such as factoring and invoice discounting,[1] and government funding in the form of grants or loans.